Amelia County Public Schools Benefits Overview • Good morning new and returning staff at Amelia County Public Schools! • We’ve been busy this spring/summer reviewing the important benefits we offer our team members. • A new benefits consultants was hired as well as a new voluntary benefits specialist. • We are excited to share some of our hard work with each of you today.
Amelia County Public Schools • For our core benefits package, we will continue to offer the same three plans we do today: – Key Advantage 500 – Key Advantage 1000 – High Deductible Plan with a Health Savings Account (HSA) • After negotiation, we were able to reduce the increase to 14.9% beginning October 1 st . • Fortunately, ACPS is absorbing 2/3 of the increase.
Amelia County Public Schools Total Monthly Plan Option Coverage Tier Employer Employee Premium Employee $719 $148 $867 Key Advantage 500 Dual $1,142 $463 $1,605 Family $1,380 $963 $2,343 Employee $686 $140 $826 Key Advantage 1000 Dual $1,089 $439 $1,528 Family $1,321 $909 $2,230 Employee $593 $118 $711 High Deductible Dual $945 $371 $1,316 Health Plan Family $1,153 $767 $1,920 Shared Plans - Monthly Rate Table Dual $1,373 $232 $1,605 Key Advantage 500 Family $1,861 $482 $2,343 Dual $1,308 $220 $1,528 Key Advantage 1000 Family $1,775 $455 $2,230 Dual $1,130 $186 $1,316 High Deductible Health Plan Family $1,536 $384 $1,920
Amelia County Public Schools • Since this is our open enrollment period, if you would like to change your health plan or who you cover, please see Maribeth Smith by August 28 th . • If you would like to keep your current health plan and who you cover, no paperwork is necessary.
Voluntary Benefit Choices Presentation Overview Voluntary Benefit Carrier Changes Plan Choices and Features Short Term Disability-14 days to 6 months Long Term Disability-6 months to SSRA Hospital Indemnity Accident 24/7 Critical Illness Cancer with Intensive Care Whole Life Term Life Next Step Set up time with a Benefits Counselor
Voluntary Benefit Changes • Change of carriers - Effective 10/1/2020 • Be an informed consumer-know what you have! LOOK AT YOUR PAYSTUB! • You will be billed at home after 10/1 even if you have a current AFLAC policy. Moving forward, we will only payroll deduct for benefits being currently offered by ACPS. The exception to this is American Fidelity LTD. • Voluntary benefits are not the same with all carriers. We matched the new plan designs to the health plans offered by ACPS. • Many employees will see better benefits and rates, but some may see an in increase in rates due to aging up or increased benefits. If you feel that what you have now is better for you and your family, you may keep those plans and continue with those policies via a bank draft. • All staff must sign up for a benefits session to elect or waive our new plans.
Who are the New Carriers? AFLAC Group: • Accident • Critical Illness • Short Term and Long Term Disability • Hospital Indemnity • Term Life Allstate Benefits: • Cancer Plan with Intensive Care Policy and Air Ambulance Rider Mass Mutual • Whole Life Insurance
Benefits App • Take out your Smart Phone • Text AMELIACPS to 36260 • Download the App to your Home Screen • Click “Schedule Enrollment Appointment” An email will be sent with the link in case you cannot download the APP.
Short Term Disability Insurance IF YOU WERE OUT DUE TO MATERNITY, Plan Highlights SICKNESS OR ACCIDENT, WHEN WOULD Guarant nteed ed Issue sue YOUR PAYCHECK END?? Materni rnity ty Benefits How It Works: Portable e if you leave NO Mental Illness ess Coverage age • Elimination Period: 14/14 HYBRIDS IDS can parti tici cipat pate • Benefit Period: 6 months PRE EX Conditi dition n Clause se Removed • Up to 60% of salary Effecti ctive Date: 10/1/ 1/2020 2020 OFF THE J JOB COVERAGE • Rates are on the Benefits App and School Website Know how much leave time you have! This plan does not coordinate with your leave, but you want to make an informed decision so that you use your benefit dollars wisely.
Long Term Disability Insurance How It Works: Plan Highlights Guarant nteed ed Issue sue • Elimination Period: 180/180 NOT PORTABL BLE • Benefit Period: To SSRA st year HYBRIDS IDS can parti tici cipat pate the 1 st PRE-EX EX Conditi dition n 6/12 • 60% of salary Effecti ctive Date: 10/1/ 1/2020 2020 • Rates are on the Benefits App Does coordi dinate e with th VRS Disa sability ty and School Website This is the only year you c can enro roll with thout ut health th questi tions ons unless s you a are a n new hire. e. Long Term Disability--if you were out more than 6 months, this gives you income protection!
Hospital Indemnity Insurance • Which health plan did you elect? Plan Highlights • Guarant nteed ed Issue sue How much out of pocket Effecti ctive Date: 10/1/ 1/2020 2020 exposure are you comfortable Materni rnity ty Benefits s for the Days in the with? Hospi pital • Do you plan on having a child in Ad Admissio sion n Benefits ts the next year or two? Daily y Confinement ent Benefits If you do not ot have a He Health th Savings ngs • Covers sickness, maternity, Ac Account nt you can include ude surg rger ery, , and accidents for admission to the many ot other r benefits ts in your plan option on hospital COVID 19 is treated as a sickness and is a covered benefit if admitted to the hospital.
Accident Protection No one plans to have an accident. However, accidents can Plan Highlights happen at any time. Whether at work or play, having the Guarant nteed ed Covera rage right accident coverage in the event of an unforeseen Afforda dable e Premiums ums occurrence can help ensure your standard of living is not Benefits ts paid d direc rectl tly y to you, negatively impacted. It helps to cover unexpected out-of- unless ess you assi sign n them to pocket medical and normal living expenses. someone ne else Benefit Amount Examples Portable e Covera rage that t goes with th you should uld you ever leave Initial Treatment $75-$200 emp mploym yment nt . Wellne ness ss benefit t - $50 Per Fractures Up to $3,000 Covered ed Perso son. n. $900 initial and then $225 a day Hospital Admission Please see policy cy brochure hure for Cane $30, Crutches $75, full det etails. s. Appliances Wheelchair $300 24/7 Coverage ge
Critical Illness Protection An illness can happen to anyone, anytime. And when it does, Plan Highlights everyday expenses may suddenly seem overwhelming. Your major Guarant nteed ed Issue sue medical coverage may cover doctor and hospital bills, but it will not pay out-of-pocket expenses or everyday living expenses. With this Spouse use can be c covered ed up to policy, you receive cash benefits that can be used to help with car 50% of emp mployee coverage ge. payments, utility bills, travel, etc. Childr dren n to age 26 - no charge ge. How It Works: Portable e Covera rage that t goes • Choose between $5,000-$20,000 of coverage with th you should uld you ever leave • This policy will provide a lump sum benefit employm yment nt. payment should any of the following critical IMPORTANT NT TO REVIEW W illnesses occur: DEFINIT INITIO IONS NS OF ILLNESS SSES ES – Heart Attack NO pre-ex clause se. . Event nt has to Please see – Stroke brochure for – Organ Transplant occur r after r 10/1/2020 /2020. rates, based upon – End Stage Renal Failure your age! – Coronary Artery Bypass Reminder: Don’t forget to file your – Plus Many More! annual wellne ness ss screeni ning benef efit for $50 for you a and spouse, if covered.
Cancer with Intensive Care and Ambulance Plan Highlights This benefit has Cancer Insurance with an Intensive Care Policy for Accident/Sickness and an Ambulance/Air Benefit Guarant nteed ed Covera rage rider of actual charges. 68% of Criti tica cal Illness ess Claims ms are Cancer Benefit Amount Examples: Afforda dable e Premiums ums • Low, Middle and High Diagnosis Benefit: Benefits ts paid d direc rectl tly y to you, unless ess $5,000-$10,000 you assi sign n them to someone ne else • Portable e Covera rage that t goes with th Radiation/Chemotherapy: $5,000, you shoul uld d you ever leave $10,000 or $20,000 emp mploym yment nt • Surgery Benefits Wellne ness ss is $50 per covered ed • WELLNESS: $50 Per Covered Person person son NO HEALTH QUESTIONS THIS YEAR ALL L EMPLOYEES S GET THE RATE OF SEE BROCHURE REGARDLESS OF HEALTH STATUS FOR ALL POLICY AGE 18 ON THE CANCER PLAN. N. BENEFIT DETAILS
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