Medical Insurance Rates Non-Tobacco User
Health Plan premiums for the 2012 benefits year have been established.
Plan A ($500 deductible)
| Coverage | Total Premium | University Contribution | Subsidy | Employee Contribution |
|---|---|---|---|---|
| Employee Only | $472.88 | $472.88 | $0 | $0* |
| Employee & Spouse | $907.93 | $503.18 | $79.38 | $325.37 |
| Employee & Children | $776.63 | $503.18 | $55.95 | $217.50 |
| Family | $1182.20 | $503.18 | $127.18 | $551.84 |
Plan B ($1,500 deductible)
| Coverage | Total Premium | University Contribution | Subsidy | Employee Contribution |
|---|---|---|---|---|
| Employee Only | $369.32 | $369.32 | $0 | $0** |
| Employee & Spouse | $709.09 | $503.18 | $62.24 | $143.67 |
| Employee & Children | $606.55 | $503.18 | $43.52 | $59.85 |
| Family | $923.30 | $503.18 | $99.22 | $320.90 |
*Employee retains a balance of $30.30 to use for qualifying dental and vision elections.
**Employee retains a balance of $133.86 to use for qualifying dental and vision elections.
The University will continue to subsidize dependent health premium costs for the 2012 calendar year at established amounts. This subsidy is reflected in the rates above.
Please note that these premiums are based on a 12-month pay schedule. Rates for employees paid over 9 months will be pro-rated accordingly.
Plan C (HSA) ($3,000 deductible)
| Coverage | Total Premium | University Contribution | Subsidy | Employee Contribution |
|---|---|---|---|---|
| Employee Only | $312.99 | $312.99 | $0 | $0 |
| Employee & Spouse | $600.93 | $503.18 | $0 | $97.75 |
| Employee & Children | $514.03 | $503.18 | $0 | $10.85 |
| Family | $782.46 | $503.18 | $0 | $279.28 |
This plan provides no subsidy for those selecting the Health Savings Account. However the University is providing the following amounts for 2012 into the employee's HSA: $750 per year for individual; and $1,500 per year for family coverage. The employee may also elect to place additional funds into the savings account up to the maximum allowable set by the IRS.
Medical Insurance Rates Tobacco User
These rates will go into effect July 1, 2012. Please contact Human Resources at 660-785-4031 or 660-785-7480 with questions or to obtain a tobacco use affadavit.
Health Plan premiums for the 2012 benefits year have been established.
Plan A ($500 deductible)
| Coverage | Total Premium | University Contribution | Subsidy | Employee Contribution |
|---|---|---|---|---|
| Employee Only | $472.88 | $452.88 | $0 | $20.00 |
| Employee & Spouse | $907.93 | $483.18 | $79.38 | $345.37 |
| Employee & Children | $776.63 | $483.18 | $55.95 | $237.50 |
| Family | $1182.20 | $483.18 | $127.18 | $571.84 |
Plan B ($1,500 deductible)
| Coverage | Total Premium | University Contribution | Subsidy | Employee Contribution |
|---|---|---|---|---|
| Employee Only | $369.32 | $369.32 | $0 | $20.00 |
| Employee & Spouse | $709.09 | $483.18 | $62.24 | $163.67 |
| Employee & Children | $606.55 | $483.18 | $43.52 | $79.85 |
| Family | $923.30 | $483.18 | $99.22 | $340.90 |
Plan C (HSA) ($3,000 deductible)
| Coverage | Total Premium | University Contribution | Subsidy | Employee Contribution |
|---|---|---|---|---|
| Employee Only | $312.99 | $292.99 | $0 | $20.00 |
| Employee & Spouse | $600.93 | $483.18 | $0 | $117.75 |
| Employee & Children | $514.03 | $483.18 | $0 | $30.85 |
| Family | $782.46 | $483.18 | $0 | $299.28 |
This plan provides no subsidy for those selecting the Health Savings Account. However the University is providing the following amounts for 2012 into the employee's HSA: $750 per year for individual; and $1,500 per year for family coverage. The employee may also elect to place additional funds into the savings account up to the maximum allowable set by the IRS.