DE DESO SOTO I ISD 2020 2020-21 E EMPLOYEE YEE BEN ENEF - - PowerPoint PPT Presentation

DE DESO SOTO I ISD

2020 2020-21 E EMPLOYEE YEE BEN ENEF EFITS

Benefits Plan Year September 1, 2020 – August 31, 2021

Eligibility & Enrollment

ELIGIBILITY

• Must be actively at work on the plan effective date for new benefits to

be effective. ENROLLMENT

• New Hires have 31 days from your date of hire to make benefit

elections.

• Remember, after 31 days, you will not be able to make a change to your

benefits unless you have a Qualifying Life Event.

If you are eligible for benefits, but wish to DECLINE coverage, please complete the online enrollment either on your work or home computer. Under each option, you will need to select “waive.” You must still complete the beneficiary information.

How t w to Enroll

 Social Security Numbers and dates of birth for all Spouses and eligible Dependents  Any Status/Life Event or address changes  Questions about available benefits  Look over the new medical plan changes and

• ptions.

 If choosing the TRS Primary or Primary+ Plans you will need to search for your Doctor with this link www.bcbstx.com/trsactivecare  Have the 10 digit PCP number ready to input into the system. Sign up to receive a call from your FFGA Representative by visiting, https://desotoisd.timetap.com/

• To view available times please click “next” at the bottom right of the first 3 pages
• You will then arrive at a page with a calendar showing dates with availability to schedule your call
• Select the day you would like to speak with a First Financial Representative
• Then select a morning or afternoon appointment window. (Please note: You are scheduling to receive a call at some point

within your requested window)

• Once you have made your selection, click “Next” and enter your contact information
• When you are done, click “Save”. Please wait until you receive email confirmation that your appointment was scheduled

TRS-ActiveCare Plans have a new administrator! BlueCross BlueShield

• f Texas will be

replacing Aetna as the plan administrator on

• Sept. 1, 2020.

Please visit the participant website for information on the new plan designs and new provider networks.

www.bcbstx.com/trsactivecare

TRS-ActiveCare introduces the NEW Primary Plan and the Primary+ Plan (formerly the Select Plan)! Both plans offer affordable co-pays. These do NOT offer Out-of-Network benefits, so you MUST choose a Primary Care Physician (PCP) and only go to providers in the statewide network.

Primary Primary+

TRS-ActiveCare Plan Options HD is a PPO plan with a Nationwide network. You do NOT need a PCP on these

• plans. They do both offer

Out-of-Network benefits, but you will save money by staying in network. HD is the only TRS- ActiveCare plan that is HSA eligible, as it does meet the IRS definition of a High Deductible Health Plan.

HD

• Copays for doctor visits and generic

prescriptions before you meet deductible

• In-Network only – no out-of-network

benefits

Baylor Scott & White HMO

TRS M Medical al Plan an Prescription Be Benefits

When you enroll in a BCBSTX Plan, you automatically receive prescription drug coverage through CVS Caremark which gives you access to a large, national network of retail pharmacies.

TRS RS-Ac ActiveC eCare Reso esource ces s

“Ask Emma” New decision support tool BCBSTX App See claims and EOB’s Live Chat TRS Virtual Health Choices Support for YOU Personal Health Guides

TRS-ActiveCare Rates

Highlights:

• Richer benefits with in-network provider
• $10 co-pay for eye exam
• $10 co-pay for eyeglasses or contacts
• $150 frame allowance OR
• $150 contact lens allowance
• New frames every 12 months
• Eye exams
• Eyeglasses
• Contact lenses
• Eye surgeries
• Vision correction

Here are just a few of the areas where you will save money with your plan! LOW PLAN:

• TYPE 1: Preventative – 100% w/$10 copay

TYPE 2: Basic – 80% w/Deductible - $50 copay

• Annual Max - $1,000/per participant
• No coverage for Major services; No orthodontia

HIGH PLAN:

• TYPE 1: Preventative – 100%; TYPE 2: Basic – 80%;

TYPE 3: Major – 50%

• Deductible - $50; Annual Max - $1,500/per participant
• ORTHODONTIA – Adult & Child coverage up to $1,000 max

Dental insurance can greatly reduce your costs when it comes to preventative, restorative, and emergency procedures. Monthly Rates Low Plan High Plan Employee Only $24.36 $35.03 Emp & Spouse $47.80 $72.27 Emp & Child(ren) $64.12 $79.50 Emp & Family $85.36 $115.63 Monthly Rates Employee Only $8.95 Emp & Family $22.37

• Ameritas
• Ameritas VSP

Disability coverage replaces a portion of income for the period of time you are unable to work due to accident or illness. You are able to choose the benefit amount, which is the amount of your income to replace, and the waiting period that you begin receiving payments.

Have you ever wondered what would happen to your income if you had an accidental injury, sickness, or pregnancy?

Consider these questions when making your decision:

How much employer leave do you have? Do you have adequate savings for a lengthy period without income? Do you have other income you can rely on, such as from your spouse or from child support? How close are you to retirement? Could you go on Social Security Disability or take a Disability Retirement? What are your other sources of income?

• Guaranteed issue this year, but any new or enhanced

coverage has a 24 month pre-existing condition limitation

• See rate chart: https://benefits.ffga.com/desotoisd/
• AFA

Why Accident Insurance?

The costs associated with an injury can add up. Between hospital visits, exams and treatment, out-of-pocket costs could put you in a financial hardship. An accident plan pays benefits directly to you so you can determine where to spend the money. It’s comforting to know that an accident insurance policy can be there through all stages of your care, from initial treatment to follow-up care.

MONTHLY RATES Basic Plan Enhanced Plan Employee Only $19.90 $26.10 Employee & Spouse $28.30 $34.90 Employee & Child(ren) $31.50 $41.00 Employee & Family $39.90 $49.80

• AFA

If you’ve heard of cancer, heart attacks, strokes, organ transplants or paralysis, then you’re familiar with critical

• illness. It’s likely you or someone you know has experienced
• ne of these life-altering events. Often times, a critical

illness has a powerful impact on people’s lives, affecting their livelihood and finances. Covered Critical Illnesses:

• Cancer
• Heart Attack
• Stroke
• Major Organ Transplant
• Bone Marrow Transplant
• Alzheimer’s Disease
• Kidney Failure
• Skin Cancer – Partial Benefit
• Coronary Artery By-Pass
• 22 Other Listed Conditions – Partial

Benefit

 Plan pays a lump-sum benefit amount of $5,000 or $50,000, based

• n the plan you select.

 Spouses & Child(ren) are eligible for 50% of the employee benefit amount.  $100 Health Screening Benefit for each covered participant per year.  NO Pre-Existing Condition exclusions!  Rates for all plans are listed at https://benefits.ffga.com/desotoisd/

• Aflac

EMPLOYER PAID TERM LIFE INSURANCE DeSoto ISD provides all eligible employees a $10,000 basic life plan. The cost of this policy is paid for 100% by your employer. This is a term life policy that is in effect while you are employed. VOLUNTARY TERM LIFE INSURANCE In addition to the policy provided by the district, you can purchase additional term life insurance through Blue Cross Blue Shield of Texas. Voluntary Term life premiums are “age-banded” and will increase as you age into the next 5-year age-band tier. This plan is portable, but rates may be higher than your current rates.

• BCBSTX

American Fidelity Assurance Company’s Term Life Insurance is a great option for your working and earning years when expenses are usually at their highest. With our Term Life Insurance, premiums will remain the same for the initial term period selected. The death benefit will not change for the life of the policy, and death benefits are generally paid tax free.

TEXAS LIFE INSURANCE - PERMANENT, PORTABLE LIFE INSURANCE

The peace of mind voluntary, permanent life insurance provides is unmatched. It is a solid companion to your group life insurance plan. Texas Life provides life insurance that you can keep for a lifetime. The plan is easy to purchase, pay for, and keep through the convenience of payroll

• deduction. Coverage is affordable and
• dependable. Plus, Texas Life has over a

century of experience protecting families and giving the peace of mind only permanent life insurance can provide.

Highlights:

• Portable – you can take it with you when you leave the district

and BONUS, unlike group term life insurance, your Texas Life policy rate locks in at the time of purchase!

• Coverage to age 121
• Coverage for child(ren) & grandchild(ren) up to $50,000
• Employees age 49 and under: eligible to receive up to $300,000

coverage; Express Issue

• Employees age 50-65: eligible to receive up to $100,000

coverage; Express Issue

• Spousal Express Issue coverage up to $50,000; varies based on

spouse’s age

Easy to enroll life insurance with coverage to age 121!

Medical Flexible Spending Accounts (FSA) allow you to set aside pre-tax payroll deductions each paycheck to pay for out of pocket medical, dental and vision expenses for you and your family. Dependent Care Flexible Spending Accounts (DCA), you can set aside part of your pay on a pre-tax basis to pay for eligible dependent care expenses like childcare, babysitters and adult day care. DeSoto ISD Medical FSA plans provide an additional 2 1/2 months to incur and claim against unused funds in the new plan year. Keep in mind that remaining balances for either account after the grace period is exhausted, will be forfeited under the use-it-or-lose-it rule.

Maximum FSA Contribution 2020: $2,750 Maximum DCA Contribution 2020: $5,000

Keep all receipts in case you need to substantiate a claim for tax purposes. Your receipt must include:

• Date of purchase or service,
• Amount you were required to pay after

insurance

• Description of the product or service,

merchant or provider name, and the patient name.

NOTE: The IRS requires proof that all expenses are eligible.

FSA RESOURC RCES ES

FF FLEX MOBILE APP

• Access account Information
• View card details and profile information
• Submit FSA claims via electronic claim form
• View pending claims
• Upload receipts and documentation
• Receive alerts
• Update direct deposit information
• Pay a provider or pay yourself
• Download tax forms

Maximize your benefits with these convenient resources!

ONLINE FSA PORTAL

Access account balances, check on claims, upload receipts and access other account details @ https://ffga.com/individuals

BENEFITS CARD

The Benefits Card gives you immediate access to your money at the point of purchase.

FSA STORE STORE

An online marketplace that connects consumers to FSA products, seasonal deals, and account support.

FF FLEX MOBILE APP

Managing your benefit accounts on the go is made easy with FF Flex Mobile App, right from your Android

• r Apple device.

403(b) & 457(b) retirement plans are IRS-approved plans that allow you to set aside money on pre-tax basis for your retirement. Contributions are conveniently made through payroll deduction, so money is moved from your paycheck into the account automatically.

In 2020, you can contribute 100 percent of your includible compensation up to $19,500, whichever is less. If you are age 50 or older, you can contribute up to an additional $6,500 for a total of $26,000.

403(b) BENEFITS INCLUDE:

• Tax deferred growth: no annual taxation on

earnings

• Investment options: fixed annuities, variable

annuities, or mutual funds

• Competitive interest rates
• Flexibility: start, stop, and adjust your

contributions as allowed by your employer’s plan.

• Periodic account statements

457(b) BENEFITS INCLUDE:

• Investment options: fixed annuities, variable

annuities, or mutual funds

• Flexibility: start, stop, and adjust your

contributions as allowed by your employer’s plan

• Receive periodic account statements
• There’s no 10% federal penalty on interest or

earnings for early withdrawal

• There’s no current federal income taxes on the

money you put into the plan until it is time to take withdrawals Now is the time to take full advantage of this opportunity to maximize your retirement savings!

For more information, visit www.benefits.ffga.com/desotoisd

Retirement Plans

CONFIDENTIAL services at NO COST to you!

• 1 to 6 counseling

sessions per issue

• Online Access
• Urgent/Crisis Calls
• Grief counseling
• Depression

management

HIGHLIGHTS

• 100% FREE to use.
• Unlock discounts on thousands of medications.
• Save up to 80% on prescription medication –

Often beats your copay!

• Download the Clever RX app by using the

information on your card below to unlock exclusive savings at over 60,000 pharmacies nationwide.

• Available to use now!

Use Clever RX every time you pay for a medication for instant savings!

Download the app or visit the site to price a drug: https://partner.cleverrx.com/ffga.

QUE QUESTI TIONS?

Please contact your dedicated benefits team: Victoria Joye, Account Manager EMAIL: Victoria.Joye@ffga.com Stephanie Stevens-Foster, Customer Support Specialist EMAIL: Stephanie.Stevens-Foster@ffga.com

Visit:

https://benefits.ffga.com/desotoisd/

THANK YOU!