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Benefits
enrollment continues through October
What is annual enrollment?
Annual enrollment is one month set aside during the year that employees
can make changes on insurance coverage.
This year employees can: change health plans; enroll/re-enroll in MoneyPlu$
spending accounts; increase Optional/Dependent Life coverage; increase
Long Term Care; and all changes will be effective Jan. 1.
 MUSC
employees had the opportunity to visit vendors at the Medical University
Employees Benefits Fair Sept. 29 in the Harper Student Center Gymnasium.
The Hospital Authority Employee Benefits Fair will be held from 10 a.m.
to 3 p.m. Oct. 18 and 19 in room 100 of the Library/Administration Building.
What changes can an employee expect on the different insurance plans?
State Health Plan will increase rates $5 for each category.
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Annual deductible will increase by $50 and the coinsurance will increase
by 5 percent.
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Prescriptions out of pocket will decrease by $500.
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Out of pocket maximum for medical has not changed. It is $1,500 for single
and $3,000 for family.
What about the other health plans? Will they change?
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Biggest change will be with MUSC Options.
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Rates have increased significantly
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Lifetime maximum of $1,000,000 has been added.
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Prescription plan has changed to include a 90-day mail order supply.
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Companion rates have gone down while the copayments have had a slight increase.
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Cigna (Healthsource) and HMO Blue have increased their rates but basically
have the same level of coverage.
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Cigna has a 90-day mail order for prescriptions.
Will our dental coverage change?
How has Dependent Life and Optional Life changed?
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Employees can no longer increase their level of coverage based on a salary
change.
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Coverage level on dependent children will increase to $10,000 at a cost
of $1.50.
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Dependent Life Spouse coverage will be determined using the Optional Life
table. (The level of coverage and the employees age.)
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Spousal coverage can increase to $10,000 or $20,000 without medical evidence
of good health or up to 50 percent of employee's coverage with medical
evidence of good health or in increments of $10,000 to a maximum of $100,000.
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Employees currently enrolled in Optional Life will be able to increase
their coverage in $10,000 increments up to $50,000 without providing
medical evidence of good health.
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Coverage cannot exceed $200,000.
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Additional coverage, up to $300,000 may be obtained with medical evidence
of good health.
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Coverage on an employee will automatically be increased $5,000 if the amount
is not divisible by $10,000.
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New enrollees can elect coverage in $10,000 increments up to three times
their basic annual earnings or $200,000, whichever is less.
Do we need to enroll/re-enroll for Moneyplu$?
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Yes, if an employee is currently having a deduction for dependent care
or medical spending, they must reenroll each year.
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Employees not enrolled can also elect to participate.
Can an employee, enrolled in Long Term Care, increase their coverage
during this enrollment period?
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Yes. If you are a Longterm Care participant, you can increase your coverage
by $10 without providing medical evidence of good health during Aetna’s
guaranteed issue that is being conducted during this enrollment period.
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New for 2001, the maximum daily benefit option will increase from $150
to $160.
Can an employee enrolled in Supplemental Long Term Care change their
coverage or enroll at this time?
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No. OIS and Standard Insurance Company plan to hold an open enrollment
for the SLTD program in the spring of 2001, however you may enroll in SLTD
at any time of the year providing evidence of good health.
For more information, university employees can call Linda White at 792-2607
or e-mail whiteli@musc.edu.
Benefit Briefings
Oct. 11 10:30 a.m. to noon Rm 502
BSB
Oct. 20 2 to 3:30 p.m.
Rm 103 HVT
Oct. 25 2 to 3:30 p.m.
Rm 302 BSB
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