Benefits Plan Overview

Pre-Tax Benefits

Health Insurance*: Anthem

Vision Insurance⁺: Anthem

Dental Insurance: Delta Dental of VA

⁺The Anthem Vision insurance is included as part of the Anthem Health insurance plan.

Health Savings Accounts: HealthEquity
– Employee Maximum: $3,650/year
– Family Maximum: $7,300/year

HSA plans can only be established in conjunction with a qualified High-Deductible Health Plan (HDHP).

The Town of Christiansburg will contribute $1,000 to an HSA for employees enrolled in individual health coverage, and $2,000 to an HSA for employees enrolled in dependent health coverage. Employees must contribute a minimum of $2.50 per pay period to receive the employer contribution.

Post-Tax Benefits

Cancer Benefits: Colonial Life

Accident Benefits: Colonial Life

Medical Bridge Benefits: Colonial Life

Disability Benefits**: Colonial Life

Critical Illness Benefits: Colonial Life

Group Term Life Insurance: Principal

Whole Life Insurance: Colonial Life

**Please Note: The Colonial Life Voluntary Short-Term Disability plan is only available to VRS Plan 1 and Plan 2 employees.

Effective Dates: JULY 1, 2022 – JUNE 30, 2023

QUALIFICATIONS:

– Employees working 30 hours or more per week are eligible for benefits.

– New hires are eligible the first of the month following date of hire, or on the first day of the month if hired on the first.

IMPORTANT FACTS:

– The plan year for Anthem Health/Vision, Delta Dental of VA Dental, Principal Group Term Life, Health Savings Accounts and Colonial Insurance products lasts from July 1, 2022 through June 30, 2023.

– Deductions for Anthem Health/Vision, Delta Dental of VA Dental, Principal Group Term Life, Health Savings Accounts and Colonial Insurance products will begin July 2022.

– Your employer offers an Employee Assistance Program (EAP) for you and your eligible family members. An EAP is an employer-sponsored benefit that offers confidential support and resources for personal or work-related challenges and concerns. Please see the EAP pages of this benefit booklet for more details and contact information.

– 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.

– 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 or Human Resources at 540-382-6128 to request a change in elections.

– As a married couple, one spouse cannot be enrolled in a Medical Reimbursement FSA at the same time the other opens or contributes to an HSA.

– 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, 2022.

– 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.