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Benefit Update 2011

Benefit Update 2011. Michelle K. Brackin, SPHR. Health, Dental & Vision Insurance. As of September 1, 2011 Children covered to age 26, who are not covered by another employer’s coverage Do NOT need to be a student

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Benefit Update 2011

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  1. Benefit Update 2011 Michelle K. Brackin, SPHR

  2. Health, Dental & Vision Insurance • As of September 1, 2011 Children covered to age 26, • who are not covered by another employer’s coverage • Do NOT need to be a student • Must complete a new enrollment form by September 1, 2011 or open enrollment rules will apply in the future

  3. Preventative Care as of Sept 1 • No co-pay for lab work or Dr. visits if the visit is only for the preventative care • If a diagnosis comes up during the visit, there will be a co-pay • Mammograms • Pap Smears • Colonoscopy • Adult immunizations like flu, hepatitis A & B, human papilloma, measles, tetanus, pneumonia

  4. Preventative Care • Screening for alcohol misuse & tobacco use • Screening for sexually transmitted diseases including HIV • Screening blood pressure • Depression screening • BREAKING NEWS – January 1, 2013 • Birth Control will have no co-pay

  5. New Rate as of September 1 • Drum Roll, Please …… • The rates went DOWN 5% ! • Why? • A. Blue Cross Blue Shield are nice guys • B. Cost of prescriptions and medical procedures is going down • C. Benefits are decreasing • D. None of the above

  6. New Rate as of September 1 • Drum Roll, Please …… • The rates went DOWN 5% ! • Why? • A. Blue Cross Blue Shield are nice guys • B. Cost of prescriptions and medical procedures is going down • C. Benefits are decreasing • D. None of the above

  7. Answer • Health Insurance Premiums are based on the payments made to ASC employees and their family.

  8. Out of pocket • How much money out of pocket does an employee spend to receive health care? • Do not include paycheck deductions. • Include copays or deductibles • $100 • $200 • $400 • $500 • $700 • $900

  9. Out of pocket • How much money out of pocket does an employee spend to receive health care? • Do not include paycheck deductions. • Include copays or deductibles • $100 • $200 • $400 • $500 • $700 • $900

  10. Emergency Room Visits • How many emergency visits for ASC employees last year were not true emergencies? • 13 • 23 • 33 • 43 • 53

  11. Emergency Room Visits • How many emergency visits for ASC employees last year were not true emergencies? • 13 • 23 • 33 • 43 • 53

  12. Primary Doctor • Use ER only for emergencies • Use a primary doctor or family doctor for common and routine issue • Manage your history • Follow up • Lower costs • Less time waiting

  13. How many prescriptions do ASC employees receive each year? • If you count each monthly and one-time prescription how many on average in a year? • 8 • 12 • 18 • 20 • 32

  14. Prescription Drugs • Generic Drugs - $5 or 10% • Preferred Brand Name - $15 – 40% • Non-Preferred Brand Name - $30- 50% • How your doctor writes the prescription will determine whether you pay less and the plan pays less. • ASC employees doing well this past year – 75% of RX filled were generic.

  15. Brand Name Prescriptions that will be available as generic • 2012 • Lipitor Plavix • Protomix Singulair • Pantoprazole Actos • Concerta Enbrel • Zprexa

  16. Prescriptions • Pill splitting – talk with your doctor • Mail Order – get 90 days for two co-pays not three • Shop around – Walmart has many prescriptions for $4 for 30 day supply • Take medication as prescribed • Proper time of day • Consistency – not magic • Do not stop taking it unless directed by a doctor • Discuss side effects with your doctor

  17. Life Style changes • Reduce sodium in your diet to lower your blood pressure

  18. Life Style Change • Lose those extra pounds • Improve knee and back pain • Get a 10 pound bag of flour, or rice. Rest one hand palm down on a counter top. Put the 10 pound bag on top of your hand. Pretend your hand is a foot and just lift it up an inch or so, move it forward a few inches and put it down. Repeat 10 times. How does your hand feel?

  19. Life Style Change • Lose those extra pounds • Reduce your blood pressure • Reduce your risk of developing diabetes • If you develop diabetes due to being over weight, it is often too late to reverse the condition • It is predicted in just a few years there will not be enough Endocrinologist to treat all the diabetics in the U.S.

  20. Life Style Changes • Stop smoking! • Reduce the need for asthma medication • Reduce high blood pressure and the need for medication • Prevent many diseases such as emphysema, lung cancer, diabetes, and heart disease

  21. Help with Lifestyle changes • ASC nutritionist Louise Whittleton meetto create a healthy eating plan • Join the SUNY Cortland fitness center – discount rate compared to other fitness centers - $45 per semester • Use the swimming pool or ice arena (walk or skate) for free • Walk the mapped out walking trails on campus • NYS Quit Line and Blue Cross Quit for Life – free smoke stopping supplies and coaching

  22. Help with Lifestyle Changes • Blue 365 – discounts, links, articles on fitness, hearing, dental, medical, diets – www.excellus .org • Excellus Health Coach today - 1-800-348-9786 • Anxiety disorders • • Back pain • Gastroesophageal reflux disorder (GERD) • • Headaches • Knee and joint pain • • Osteoporosis • Weight management(diet and nutrition) • • Women’s health issues Asthma • . Diabetes .Heart disease

  23. Help with Lifestyles • Work Life Matter –Anxiety ,stress, depression, drug & alcohol, grief, parenting, fitness, elder care – videos, articles – Free phone or in person session with counselor or lawyer • 1-800-386-7055 • Links on employee webpage

  24. Pension Change • Employer Contribution • 2 years vs. 1 year waiting period • Full time service – 1,000 hours • Age 21

  25. TIAA CREF • Representative is on campus twice a month • Dream screens and Employee Website • Make an appointment • Lifecycle funds • Target funds based on year you will retire • Professionally managed as you move closer to retirement • Beneficiary review • Website • Calculators, web seminars, forms, account information, earnings report

  26. ASC Employee Investment Selections

  27. Rate of Returns for 1 yr. 7/27/2011 • Cref Stock 3.34% Life Cycle 2015 4.48% • Cref Global 2.46% Life Cycle 2020 4.27% • Cref Equity 2.96% Life Cycle 2025 3.82% • Growth 5.03% Life Cycle 2035 3.43% • Real Estate -1.86% Life Cycle 2045 3.03% • Social Choice 4.54% • Bond 5.72% • Money Market 1.98%

  28. Fees to maintain Pension Account • Who knows how much the fees are to maintain your pension account with TIAA CREF? • Cref stock .44% Life Cycle 2015 .67% • Cref Global .46% Life Cycle 2020 .67% • Cref Equity .39% Life Cycle 2025 .69% • Growth .43% Life Cycle 2035 .72% • Real Estate 1.06% Life Cycle 2045 .72% • Social Choice .41% • Bond .41% • Money Market .38% • As of 12/31/2010

  29. Pre-tax vs. after-tax • Pre-tax – you have $1.00 to spend • After-tax dollars – you have $.78 cents • 7.65% Social Security and Medicare • 5- 8% NYS Tax • 10 -25% Federal Tax • Save with: • Health Savings Account • Flexible Spending Account • Pre-tax your premiums

  30. Flexible Spending /H.S.A. • 2012 Limit of $2,500 individual Flexible Spending Plan • 2011 Limit of $3,050/$6,150 Health Savings Account

  31. Dental Changes • Change to in-network providers who accept reimbursement as payment in full • Increase to reimbursements • Cleaning and Exam was $61.26 now $84.99 • Dental X-rays was $57.88 now $106.24 • Crown was $335.04 now $412.80 • New rates increase • $2 per month Individual • $10.92 per month Family

  32. Summit Credit Union

  33. Education Reimbursement • Seminar/Training-required (IRS Sect 132) • No limit • Seminar/ Training –voluntary (IRS Sect 127) • $1,000 per year • College Credit Course – Undergraduate • $1,500 per year • College Credit – Graduate • $3,000 per year

  34. Employee Web Page

  35. Social Media • Who has a Face book page? • How many look at it at least once a week? • What else is social media besides Face book? • Twitter • Linked In • Delicious • Four Square • Google + • My Space • Blog

  36. Social Media • Great way to stay connected to family and friends • Keep up with your favorite charity, cause, store, restaurants, business • But with all technology there is risk • Cell phones and driving • Cell phones and brain cancer • TV/video games and obesity

  37. Social Media • Cases in the news • Bullying to the point of suicide • Craig’s List murders • Children kidnapped • Home invasions

  38. Social Media • Never trust security features • Face book is changing them all the time • CIA website was hacked in June 2011 • Beware discussing when you will be away from home • GPS tracking on your phone that is posted to a website

  39. Social Media and ASC • If you indentify your employer as ASC of SUNY Cortland • Statement: “These comments and pictures are my personal comments and not those of Auxiliary Services Corporation of SUNY Cortland” • Even with this you must still abide by all ASC policies even when off-duty and using your personal technology • No ASC logo may be used online without permission of management.

  40. Social Media and Employment • YouTube video of Dominos Pizza workers adulterating food fired and charged with a felony • Nurse who discussed a well-known patient on her Face book page was fired for violating confidentiality rules • Matthew Azzano, an employee at Correctional Facility in Ohio, was fired when it became known that he was posting threatening and racial comments on his Face book page.

  41. Social Media and Employment • A insurance worker called in sick, telling her employer that she could not sit in front of a computer and needed to lie in the dark. The gig was up, however, when a colleague saw that she was active on Face book. • NY Jets employee fired for making derogatory remarks about players

  42. Abide by • Non-harassment and Non-discrimination Policy • Threats, disrespectful remarks/jokes employees, customers, SUNY Cortland staff • ASC Telecommunication Policy • Child pornography, criminal behavior • Confidential Information Policy • NY Jets, students, eating disorders or allergies • Professional and Ethical Work Performance Policy • Lying, stealing, weapons, illegal drugs • Leave Time Policy • Lying, not returning from leave

  43. Social Media • ASC is not monitoring employee’s social media • What you do on your own time is yours until …….it comes into the workplace

  44. Social Media • What is said on social media is not very different than what is said around the water cooler • When we become aware of it we must react.

  45. Social Media • Keep in touch with family and friends • Use wisely • Beware of too much information made public • Protect your employment by abiding by ASC policies

  46. QuestionsSocial Media or Benefits

  47. Programs for: Fitness: Sports: www.cortlandymca.org

  48. www.pureandsimpleyoga.com

  49. www.anytimefitness.com/en-us/clubs/1727/Cortland-NY-health-clubwww.anytimefitness.com/en-us/clubs/1727/Cortland-NY-health-club

  50. www.cortlandyoga.com

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