Document 430317

To:
Rensselaer Be
enefits Eligible
e Faculty & Staff
S
(Troy Caampus)
From: Curtis N. Pow
well, SPHR
Vice
V Presidentt for Human Resources
Date: November
N
11
1, 2014
Re:
What’s
W
New in
i Benefits fo
or 2015
The 2015
5 Annual Ben
nefits Open Enrollment Period is Fri day, Novem
mber 14, 2014 through Frriday,
Novembe
er 28, 2014. The Annual Benefits Open Enrollm
ment period is an importaant time to rreview
your currrent benefitss; assess you
ur coverage needs; and make changges to benefiit plan electiions for
you and your
y
eligible
e family mem
mbers. The benefit
b
electtions you cho
oose will be effective Jaanuary 1,
2015, and will remain in effect th
hrough the 2015
2
calend ar year.
While other organizaations are either reducing or eliminnating their medical, prescription and other
benefit plans
p
for their employee
es, Rensselae
er continuess to provide a compreheensive and afffordable
benefits program. Partnerships with Capital District Phyysician’s Heaalth Plan (CD
DPHP), Anth
hem, AIG,
and Deltaa Dental enaable Rensselaer to provide the best coverages in the markeetplace. Also
o, we will
strengthe
en our Heaalthy Campu
us Initiativess to includee new wellness prograams and paarticipant
incentive
es.
Rensselaer’s benefitss program re
epresents a significant pportion of yo
our total com
mpensation, and the
Total Com
mpensation Initiative co
ontinues to be
b instrumenntal in ensurring stable employment and pay
growth fo
or our facultty and staff, as well as ensuring thatt our benefitts programs are comprehensive
and afforrdable.
As Rensselaer is reco
ognized locallly and natio
onally for thee depth and breadth of iits compenssation
and bene
efits program
ms, we offer core benefits such as m
medical and d
dental insuraance, retirem
ment
programs, tuition reiimbursemen
nt, travel acccident insuraance, adoption assistancce, and Pinch
h Hitter
Elder & Child
C
Care prrograms. Our goal is to provide
p
you and your eliigible family members w
with an
affordable, comprehensive and quality
q
bene
efits packagee.
Annual Benefits
B
Fairr & Faculty and
a Staff Ap
ppreciation D
Day
oin us for the
e Annual Ben
nefits Fair & Faculty andd Staff Appreeciation Day scheduled ffor
Please jo
Friday, November
N
14
4, 2014, betw
ween 10:30aam to 2:00pm
m at the Easst Campus A
Athletic Villa
age
(ECAV).
WHAT ISS CHANGING
G IN 2015?
NEW!! Delta Dental is our ne
ew dental carrier.
c
The D
Delta Dental plan will h
have reduced
d rates
and en
nhanced ben
nefits with a 12% reductiion in cost! This means you will seee no increasee in your
dental payroll deductions. The
e enhanced benefits incclude Diagno
ostic and Preeventive Servvices
(Examss, cleanings, x-rays, perio
odontal maintenance annd sealants) that will no
ot count toward your
$1,500
0 per person per year maaximum!
New AIG!
A Benefit Solutions
S
is the new Life
e and Disabillity Insurancce Partner. A
AIG is replaccing the
current MetLife Liffe and Disab
bility offeringg, but the plaan design will remain th
he same.
e open enrrollment pe
eriod, AIG iis offering
g employee
es (with the
e
Also, during the
excep
ption of tho
ose who ha
ad previou
usly been d
declined co
overage), tthe option to
enrolll in the Sup
pplementa
al Life plan,, and electt up to the Guarantee
e Issue Am
mount
of the
e lesser of three times base pay
y or $300,0
000 withou
ut providing
g medical
eviden
nce.
With AIG,
A you will continue to have accesss to a numbeer of importtant servicess including W
Will and
Funeraal Preparatio
on, and access to a numb
ber of new sservices like AIG Benefitss Travel Assiist
program which inccludes travell assistance, medical asssistance, con
ncierge services, personaal
securitty and identiity-theft assiistance. Furrthermore, aas a result off our continu
ued partnersship, we
have reduced the AIG EyeMed
d Vision Plan
n costs by 500%!
2015 Premium
P
Deductions
D
s Per Pay Period
P
The premiums for our medicall, dental and
d vision plan s for full tim
me faculty an
nd staff are sshown
in the following
f
ch
harts, and refflect your acctual payroll deductions. Please rem
member thatt
premiu
ums for med
dical, dental and vision plans
p
are dedducted from
m 24 pay periiods annually, on a
tax-fre
ee basis whicch means, yo
ou do not paay federal, sttate, or Social Security / Medicare taaxes
on the premiums. The employyee rates rep
present yourr cost for meedical, dentaal and vision
coveraage. Rensselaaer pays the
e remaining cost.
c
Individ
dual
Covera
age
Person
Two P
Cove
erage
mily
Fam
Cove
erage
$73.9
94
$57.0
02
$14
47.90
$114.04
$211.49
$152.82
Individ
dual
Covera
age
Person
Two P
Cove
erage
mily
Fam
Cove
erage
$68.0
02
$52.4
46
$136.06
$104.92
$19
94.57
$14
40.59
Individ
dual
Covera
age
Two P
Person
Cove
erage
Fam
mily
Cove
erage
AIG EyeMed
E
Visio
on Plan COST
TS ARE DECR
REASING BY 50
0%!
$2.43
$4.65
$6
6.72
Delta
a Dental Plan
n COSTS ARE
E DECREASIING BY 12%!!
$4.97
$9.92
$16
6.85
For Faculty/Stafff with Pay Above
A
$50,000
0
Rens
sselaer Healtth Plan
Rens
sselaer HMO
O
For Faculty/Stafff with Pay $5
50,000 and Le
ess
Rens
sselaer Health Plan
Rens
sselaer HMO
All Faculty/Staff
F
Rensselaer Health
h Plan (RHP) Change
e
The Out-of-Pocket Maximum
M
under the Rensselaer Heallth Plan will change from
m $6,350 to $6,600
for individual coverage, and from
m $12,700 to
o $13,200 foor family covverage, in ord
der to comp
ply with
the Patie
ent Protectio
on and Affordable Care Act
A (PPACA)..
ment Progra
am Update
e for 2015
Retirem
The 2015
5 contributio
on limit for the Supplemental Retire ment Prograam is $18,00
00. For faculty and
staff age 50 and olde
er, the catch-up contribu
ution limit is $6,000.
Healthy
y Campus Initiatives
I
for
f 2015!
Begin the
e new beneffits year with
h a healthierr you! Take aadvantage o
of Rensselaerr’s Health Prromotion
& Wellne
ess Programs available to faculty and
d staff. The ffollowing prrogram activvities are free, or
offered at
a a reduced rate to eligiible employe
ees.
•
•
•
•
•
•
VS Pharmaccy and at thee Benefits Faair
Frree Flu Shotts –At any CV
LiifePoints - In
ncentives forr Biometric Screening
S
annd Personal Health Risk Assessmentts
Health
H
Coach
h follow up to
o ensure em
mployees undderstand health risks
Weight
W
Watchers Discoun
nts up to 50%
Defensive
D
Driiving Trainin
ng Discount up
u to 50%
Walking/Run
W
ning Program
m – Book Sto
ore or Compputer Store G
Gift Certificaates up to $1
15
****** THREE EA
ASY STEPS
S TO A HEEALTHY LIFESTYLE ******
O
STEP ONE
STEP TWO
Get Your Very
V
Own BIO
OMETRIC Scre
eening at thee
BENEFITS FAIR! One im
mportant com
mponent to the
H
Assesssment is know
wing a varietyy
Personal Health
of baselin
ne health meaasures critical to assessing
risk-factors for disease
e. STEP ONE is to get your
free, conffidential, com
mprehensive biometric
b
screeninggs which will be
b provided by
b CDPHP and
d
St. Peter'ss Health Care Services. Screenings,
approximately 15-minu
utes in duratiion, involve a
finger-sticck reading forr blood glucosse levels, totaal
cholestero
ol, HDL, LDL & Triglyceride
e levels, and
blood pre
essure and Bo
ody Mass Inde
ex.
Com
mplete your vvery own Perrsonal Health
Asssessment. On
nce you have completed th
he
Bioometrics Screening you aree ready for STTEP
TW
WO. The CDPH
HP Personal H
Health Assessm
ment
(PH
HA) is an interractive onlinee survey desiggned to
hellp employeess identify areaas for health
impprovement, sset realistic heealth goals, and
creeate an action
n plan based o
on one's read
diness to
maake changes. TThe PHA can be completed
onlline (www.cd
dphp.com/phaa). Your indivvidual
PH A results will NOT be sharred with Renssselaer.
HREE
STEP TH
As an inccentive, each
h employee who
w comple
etes both thee Personal H
Health Assessment and
Biometric Screening at the Beneffits Fair will receive the following grreat gifts: $2
20 gift card tto the
Campus Bookstore or
o Computer Store, plus 10% off giftt card to the Campus Bo
ookstore, plu
us $10
gift card to classes at the Muelle
er Center.
Online Open Enrollment for 2015
During this year’s open enrollment period, you are required to utilize an online interactive tool only if
you are:
1. Making a change to your current benefit elections;
2. Signing up for new benefits; or
3. Enrolling in the Flexible Spending Account (FSA) program. Please remember the FSA program
has mandatory re-enrollment every year.
You must make these changes using Benelogic. Benelogic is a state of the art, online benefits
administrator. Benelogic’s website is www.rpi.benelogic.com. Changes must be made online
between November 14, 2014 and November 28, 2014.
TO MAKE BENEFIT CHANGES OR RE-ENROLL IN THE FLEXIBLE SPENDING ACCOUNT (FSA) FOR 2015:
ƒ
ƒ
ƒ
ƒ
ƒ
ƒ
Go to www.rpi.benelogic.com
Enter your User ID = RCS Sign on
Enter your RCS password
Follow instructions and enroll in your 2015 benefits
Click the Finish Button to save your elections and Print your confirmation statement
For assistance, you may call a Benelogic Customer Service Representative at 866-415-4391
Need More Information?
Should you have any questions regarding the benefits enrollment for 2015, please contact Louis
Padula, Director of Benefits, Retirement and HRIS at 276-6164.
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