Benefits Plan Overview

Pre-Tax Benefits

 Flexible Spending Account**

• Medical Reimbursement FSA Maximum $2,750/year
• Dependent Care Reimbursement Maximum $5,000/year

Health Savings Accounts**

• Employee Maximum $3,550/year
• Family Maximum $7,100/year

HSA plans can only be established in conjunction with a qualified high-deductible health plan (HDHP)

Buena Vista City Public Schools contributes $100 a month per tier to the HSA

 Cancer Benefits: Colonial Life

 Accident Benefits: Colonial Life

 Medical Bridge Benefits: Colonial Life

 Health Insurance*:BPA Best Life

Vision Insurance*: VSP

Dental Insurance*: Delta Dental

*Health, Dental and Vision benefits are bundled benefits for active employees and their dependents.

**You will need to re-sign for the Health Savings Accounts and Flexible Spending Accounts if you want them to continue next year.

Post-Tax Benefits

 Disability Benefits: Colonial Life

 Critical Care Benefits: Colonial Life

 Life Insurance

• Term Life Insurance: Colonial Life
• Whole Life Insurance: Colonial Life

ENROLLMENT PERIOD: MAY 18, 2020 – MAY 22, 2020

EFFECTIVE DATES: JULY 1, 2020 – JUNE 30, 2021

QUALIFICATIONS:

• Part-Time Employees: An employee working in their primary job less than 180 days or less than six (6) hours per day or less than thirty hours per week or who is restricted to temporary or interim employment is considered part-time. Part-time employees are not eligible for benefits provided by the school board unless otherwise specified in policy.

• Full-Time Employees : Full-time employees are employed for a minimum of thirty hours per week in their primary positions – over the course of a year. Full-time employees are eligible for all benefits provided by the school board.

IMPORTANT FACTS:

• The plan year for BPA Best Life Health, Health Savings Accounts, Flexible Spending Accounts and Colonial Insurance products lasts from July 1, 2020 through June 30, 2021. The plan year for Delta Dental and VSP Vision lasts from October 1, 2020 through September 30, 2021.

• Deductions for benefits:

12-pay and 24-pay employees: Deductions will begin June 2020 for BPA Best Life Health, Delta Dental and VSP Vision and July 2020 for Health Savings Accounts, Flexible Spending Accounts and Colonial Insurance products.

10-pay and 20-pay employees: Deductions will begin September 2020 for BPA Best Life Health, Delta Dental, VSP Vision, Health Savings Accounts, Flexible Spending Accounts and Colonial Insurance products.

• If signing up for any coverage on your spouse and/or children, please have their dates of birth and social security numbers available when speaking with the Benefits Representative.

• If you will be receiving a new debit card, please be aware that it may take up to 30 days following your plan effective date for your card to arrive. Your card will be delivered by mail in a plain white envelope. During this time you may use manual claim forms for eligible expenses. Please note that your debit card is good through the expiration date printed on the card.

• Elections made during this enrollment period CANNOT BE CHANGED AFTER THE ENROLLMENT PERIOD unless there is a family status change as defined by the Internal Revenue Code. Examples of a family status change are: marriage, divorce, death of a spouse or child, birth or adoption of a child, termination or commencement of a spouse’s employment, or the transition of spouse’s employment from full-time to part-time, or vice-versa.

• Once a family status change has occurred, an employee has 30 days to notify the Pierce Group Benefits Service Center at 1-800-387-5955 to request a change in elections.

• Flexible Spending Account expenses must be incurred during the Plan Year in order to be eligible for reimbursement.

• An employee has 90 days after the plan year ends to submit claims for spending account expenses that were incurred during the plan year. Please note that if employment terminates during the plan year, that employee’s plan year ends the day employment ends. The employee has 90 days after the termination date to submit claims.

• With Dependent Care Flexible Spending Accounts, the maximum reimbursement you can request is equal to the current account balance in your Dependent Care account. You cannot be reimbursed more than has actually been deducted from your pay.

• The Health Screening Rider on the Colonial Medical Bridge plan has a 30-day waiting period for new enrollees. Coverage, therefore, will not begin until July 31, 2020.

• Additionally, some policies may include a pre-existing condition clause. Please read your policy carefully for full details.

• Please be aware there are certain coverages that may be subject to federal and state tax when premium is paid by pretax deduction or employee contribution.

• An employee taking a leave of absence, other than under the Family & Medical Leave Act, may not be eligible to re-enter the Flexible Benefits Program until the next plan year. Please contact your Benefit Administrator for more information.