2014 Open Enrollment Meetings

1. 2014 Open Enrollment Meetings Health, Dental, Flexible Spending, Supplemental Life Insurance April 2014

2. Schreiner Health Plan • Schreiner continues to offer Faculty and Staff an excellent benefit package • Our premiums and coverage are better than other comparable schools and also compared to local businesses of similar size • Schreiner continues to share the burden of increased costs with employees; • Schreiner cannot guarantee that we will always have a plan that is this rich • Health Plan and rate adjustments were looked at from all sides • Compared Employee cost to other tiers • Looked at impact on employees at Schreiner’s entry wage • Actuarial analysis

3. What’s New? • Premium expenses will increase for both the employer and employee contributions (except for employee only contributions for medical). • Premiums for the HDHP will not increase quite as much as the 70/30 plan. • 70/30 plan deductibles and out-of-pocket maximums will increase. • HDHP deductibles will increase, but out-of-pocket maximums remain the same. • Primary PhysicianCare changed names in September to Healthgram. • Our Life, AD&D, Supplemental Life insurance and our EAP is now provided at the same rates through The Principal. • Flexible Spending Accounts will be have a carryover feature that allows up to $500 to be used in the following plan year. • The HSA maximums will increase slightly again for this plan year.

4. Plan Comparison to Local and Peers

5. 70/30 Consumer PlanEffective 06/01/2014 Co-Insurance/no change - SU pays 70%/Employee pays 30% after deductible • Deductibles • Increase from $250 to $500 individual • Increase from $750 to $1,000 employee plus one or more • Out-of-Pocket Maximum (includes deductible) • Increase from $3,750 to $5,000 individual • Increase from $7,750 to $12,500 Family • Flexible Spending Accounts - Optional • Pre-tax funds, withheld via payroll to pay for medical or dependent care expenses • Pharmacy • 90 day supply at either the retail location or the mail order

6. HDHP 2500Effective 06/01/2014 • Co-Insurance/no change - SU pays 90%/Employee pays 10% after deductible • Deductibles • Increase from $2,000 to $2,500 individual • Increase from $4,000 to $5,000 Employee plus one or more • The increase to the individual deductible allows for imbedded deductibles for Employees with dependents • Out-of-Pocket Maximum (includes deductible) • Remains at $5,000 Individual • Remains at $10,000 Employee plus one or more • Health Savings Account • Pre-tax funds, withheld via payroll to pay for deductible and out-of-pocket • Pharmacy • 90 day supply at either the retail location or the mail order

7. Plan Comparison

8. Medical Plan Pricingper Month

9. Flexible Spending Account • The maximum pledge amount remains at $2,500 for a Health Flexible Spending Account (FSA) and $5,000 for dependent care FSA. The plan year will be from June 1, 2014 – May 31, 2015. • Carryover of $500 will be allowed for use into the next plan year. Use-it-or-lose-it for any remaining balance exceeding $500 at the end of the Plan year. • Please see Human Resources to complete your flex election form by May 16, 2014. • Flexible Spending Accounts are a great way to pay for anticipated medical expenses with Pre-Tax dollars. • Check your balances online at https://www.wealthcareadmin.com/default.aspx • Current participants will have a grace period to use remaining funds until August 15, 2014

10. Health Savings Account • The annual maximum contribution has increased to $3,300 for a Health Savings Account (HSA) for an individual and $6,550 for a family. • If you are currently enrolled, you do not need to do anything at this time, unless you want to increase your monthly. • Reminder: You can change your HSA contribution at anytime by notifying payroll of the increase or decrease, but always keep in mind the annual maximum allowed by the IRS. • Your HSA Account is a great way to save for future medical expenses with Pre-Tax dollars.

11. Pre-certification Reminder

12. Pre-certification Example

13. Dental • There will be no changes to dental benefits. • There will be a slight increase in Premium. • You can go to any dental provider, no network. • Deductibles and $2,000 plan year maximums restart June 1, 2014. • You will have one ID card for Medical, Dental, and Prescription. • You may enroll in Dental coverage without enrolling in Medical coverage.

14. Dental Plan Pricing

15. Online Open Enrollment https://www.healthgram.com/openenrollment.

16. Healthgram Website • Create/access your own account in order to: • Complete online enrollment • Access claims activity • View deductibles and out-of-pocket information • View prescriptions • Print EOB’s • Print claim forms • Email customer service • Wellness tools • And much more! • If you have any questions or need technical support, please email support@healthgram.com. www.healthgram.com

17. Personal Health Record

18. Health Library

19. Wellness Resources

20. Vision • VSP through Assurant Vision Care is our vision provider. In FY 2015 we will continue with the same premium and coverage. To find in-network providers please visit, www.vsp.com.

21. Basic Life and AD&D • Coverage provided by Principal Financial Group (formerly The Hartford) • Current Benefits Include: • Basic Life and Accidental Death and Dismemberment (AD&D) insurance is an plan that is 100% Employer paid. The plan covers eligible employees for One times your basic annual earnings to a maximum of $100,000 with a minimum of $25,000. • Upon termination of employment, life insurance may be converted to an individual policy.

22. Voluntary Life Coverage • Coverage provided by Principal Financial Group (formerly The Hartford) • Current Benefits Include: • Employee coverage - includes $10,000 increments to a maximum of $500,000, not to exceed 5 times annual earnings. • Spouse coverage - includes $5,000 increments up to a maximum of $100,000. • Employee must enroll in supplemental life and have 50% more coverage to allow dependents to be eligible for coverage. • Child coverage - includes $5,000 increments up to $10,000 and does not require medical evidence. • Child coverage starts on day 1 and ends at age 26.

23. Voluntary Life Coverage • During Annual Enrollment – you will now have the opportunity to update or increase Voluntary Life coverage for you and your dependents. • Employees and Spouses are allowed a 1x increment increase without medical evidence this year as long as it does not exceed the guaranteed issue amount. • Any increases over 1x increment or over the guarantee issue amount will require medical evidence. • Guaranteed Issue Amounts at time of employment are: • $200,000 for Employee • $50,000 for Spouse • $10,000 for Children • Upon termination of employment, Voluntary life insurance may either be converted or ported to an individual policy.

24. Voluntary Life and Accidental Coverage Rates • Supplemental Life Rates • Supplemental AD&D $0.02/$1,000 (for Employee and Dependents)

25. Long Term Disability • 60% of your monthly earnings to a maximum of $7,000 per month • Minimum is the greater of $100 or 10% of monthly income loss • 2 Year Own Occupation with Any Occupation after that • Elimination Period is 90 days • Benefit Duration to Social Security Normal Retirement Age

26. Discounts and Services

27. Discounts and Services

28. Reminder Schreiner continues to provide a competitive benefit package HRS will assist you through the open enrollment process Want a sample check to see the impact of changes on your budget? HRS can provide this! QUESTIONS???