MEDICAL COVERAGE
DENTAL
VISION CARE
TERM LIFE
DEPENDENT LIFE
Accidental Death &Dismemberment
SHORT TERM DISABILITY (STD)
LONG TERM DISABILITY (LTD)
LONG TERM CARE
RETIREMENT PLANS
You are eligible for the benefits described in this overview if you are assigned to work at least 20 hours a week for a period of at least 4-1/2 months, or that you are appointed for at least 50% of a standard full-time appointment. The 90 day wait for insurance coverage (as stated in the Group Insurance Guide p. 3) does not apply to direct employees.
MEDICAL COVERAGE is administered through Blue Cross Blue Shield of Texas, Inc.UT SELECT PPO allows you the freedom to choose a provider without coordination through a Primary Care Physician. It also provides network, out-of-network and out-of area benefits as well as a prescription program with Medco Health. HMO BLUE requires you to choose a Primary Care Physician to coordinate your healthcare and make necessary referrals to network specialists and hospitals. Your provider handles pre-authorizations, medical reviews, and submits claims on your behalf. The prescription program is provided with Prime Therapeutics. *This will no longer be offered to GalvestonCounty residents working in GalvestonCounty effective 9/1/05.
DENTAL
You have the option to elect dental coverage either provided by UT Dental Select PPO or Assurant Dental DMO.
VISION CARE is provided through Superior Vision and covers glasses or contacts.
TERM LIFE is provided to you free for $10,000 with elected medical coverage. You may purchase additional coverage up to 3x your annual salary, guaranteed issue. Additional coverage up to 6 times your annual salary is available with evidence of insurability approval.
DEPENDENT LIFE covers your eligible dependents in increments of $10,000, $25,000 or $50,000. (Evidence of Insurability is required for $25,000 and $50,000 in coverage). Children can be included for $10,000 each child.
Accidental Death &Dismemberment is provided to you free for $10,000 with elected medical coverage. You may purchase additional coverage up to 10x your annual salary. This offers coverage in the event of accidental death and certain bodily injuries that occur as a result of a covered accident. You may purchase additional coverage for eligible dependents. SHORT TERM DISABILITY (STD) provides income protection should you become disabled due to sickness or non-occupational injury. After the required 30-day elimination period is satisfied or after you have exhausted your sick leave, whichever is longer, you will be eligible to receive 60% of your covered salary if your disability claim is approved.
LONG TERM DISABILITY (LTD) provides income protection should you become disabled. After the 90-day elimination period requirement has been satisfied, you are eligible to receive 60% of your covered salary.
LONG TERM CARE provides coverage for necessary services once individuals become incapable of caring for themselves. It is offered to you, your spouse, adult children (25 years and older), parents, grandparents, parents-in-law and grandparents-in-law by Continental Casualty Company, a subsidiary of CNA.
UT FLEX reduces the amount you pay in Social Security and federal income taxes, via the Internal Revenue Code, Sec. 125, and is used to pay for eligible health care and daycare expenses.
RETIREMENT PLANS In the Teacher Retirement System (TRS), employees contribute 6.4% of salary and the state matches 6% of salary. The Optional Retirement Program (ORP) is an alternative retirement plan available to certain faculty members and administrative and professional employees. Employee contribution for this plan is 6.65% of salary, with a state matching of 8.5%. Tax-Sheltered Annuity Plan (TSA) is a supplemental retirement plan available to all employees through pre-tax contributions from your paycheck.
The Texa$aver 457(b) Program is a supplemental retirement plan available to all employees through pre-tax contributions from your paycheck to invest in an annuity with CitiStreet.