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ENROLLMENT

OPEN ENROLLMENT. ROUND ROCK. OPEN. ENROLLMENT. OPEN ENROLLMENT. ONLINE ENROLLMENT. October 1 – October 31. 2012 HEALTH CARE COSTS. $ 1,284,861. Rx. DENTAL. $ 498,673. VISION. $ 89,348. HEALTH CARE REFORM. What Does It Mean For Us?. 2013 Health Care Costs: $ 7.8 million

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ENROLLMENT

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  1. OPEN ENROLLMENT ROUNDROCK OPEN ENROLLMENT

  2. OPEN ENROLLMENT ONLINE ENROLLMENT October 1 – October 31

  3. 2012 HEALTH CARE COSTS $ 1,284,861 Rx DENTAL $ 498,673 VISION $ 89,348

  4. HEALTH CARE REFORM What Does It Mean For Us? • 2013 Health Care Costs: $ 7.8 million • 2014 Expected Health Care Costs: $ 9 million • Due to the law’s mandated fees for 2014 • MedicalInflation, and Increasing • Utilization Patterns This “triple play” of cost pressures required us to look for ways to control skyrocketing benefits costs.

  5. CNNMoney, August 21, 2013 UPS cuts insurance to 15,000 spouses, cites Health Care Reform

  6. HEALTH CARE REFORM

  7. open enrollment changes

  8. CHANGES Aexcel Deeper Discounts Smaller Copay New Plan New Rate Structure One Deductible One Out of Pocket New Provider: Arrisoti New EAP Provider Eliminated EE+ Spouse Now in Family Rate

  9. PLAN CHANGES PLAN ADDITIONS Paid Life and AD&D Insurance: 1X Annual Salary Free Generics: Retail and Mail Order Hearing Aid Coverage: $4,000 per year after deductible coinsurance

  10. Airrosti is a covered benefit on the City of Round Rock Aetna Health Plan! $25 COPAY AVERAGE 3 VISITS!

  11. HEALTH PLAN PREMIUM RATES The City’s increased contribution is $ 808,500 annually

  12. PLAN COMPARISONS

  13. PLAN COMPARISONS

  14. AEXCEL NETWORK Blue Star IndicatesAexcel Provider

  15. HEALTH CARE COSTS * Plan Deductible plus $200 ER Copay

  16. aetna PHONE APP • Find a Doctor, Dentist or Facility • Urgent Care Finder • Look Up Claims • Check Coverage & Benefits • View Your Member ID Information https://play.google.com/store/apps/details?id=com.usablenet.android.aetna&feature=search_result

  17. Find the lowest price on prescriptions, right from your phone. The free, easy-to-use mobile application features: ● Instant access to the lowest prices for prescription drugs at over 75,000 pharmacies ● Coupons and savings tips that can cut your prescription costs by 50% or more https://play.google.com/store/apps/details?id=com.goodrx#?t=W251bGwsMSwyLDEsImNvbS5nb29kcngiXQ..

  18. PLAN CHANGES 2013 MAXIMUM $ 5,000 2013 MAXIMUM $ 2,500

  19. VOLUNTARY INSURANCE Accident Insurance The Lincoln Financial Group is our voluntary group benefits insurance carrier. If you would like to enroll in Voluntary Life, Voluntary Short Term Disability, Accident/Sickness and/or Critical Illness contact the HR Benefits office.

  20. The City realizes the pressures of today's world and provides for an Employee Assistance Program (EAP) which allows employees and household members to confidentially address and resolve personal and workplace challenges. The EAP offers short-term counseling on all aspects of life at no cost to you. They can assist you with: Confidential Assistance Available 24 Hours a Day, 7 Days a Week 1-866-EAP-2400

  21. LEGAL PROTECTION • The Texas Legal Protection Plan (TLPP) is a nonprofit legal benefit program open to any Texan. It is the only legal plan created and governed by the State Bar of Texas. • TLPP required no copays, no deductible, no cost to you for your attorney’s time and gives you unlimited access to the legal helpline, comprehensive benefit coverage and membership assistance from a dedicated staff. • Just a few hours with a lawyer could cost you thousands of dollars. Yet, with TLPP, members receive the very same legal advice and representation, yet they don’t pay for the attorney.

  22. DEFERRED COMPENSATION 457 PLAN DIFFERENCES • Although they’re alike in many ways, there are some differences between 401k and 457 plans, particularly when it comes to early withdrawal penalties and minimum required distributions. • For instance with a 457 retirement savings plans (also called deferred compensation plans): • There isn't a minimum retirement age. • There isn't a 10% federal penalty for early withdrawal of funds, although withdrawals are subject to ordinary income taxes. • There is a withdrawal option for unforeseen emergencies that meet certain legal criteria, if all other financial resources are exhausted • Distributions are available in a lump sum, annual installments or as an annuity • There is no tax withholding if you leave for a new job and rollover your money into an IRA or your new employer's 401k, 403b or 457 plan or if you take regular installments for 10 years or more (all other distributions are subject to 20% withholding for federal taxes) • Keep in mind that federal income tax laws are complex and subject to change. Neither Nationwide nor our representatives give legal or tax advice. Please consult your attorney or tax advisor for answers to specific questions. 

  23. BENEFICIARY FORM WITHOUT A SIGNED BENEFICIARY FORM YOUR LAST CHECK AND ANY OTHER MONIES DUE FROM THE CITY WILL GO TO PROBATE

  24. WHETHER YOU ARE CHANING ANY BENEFITS OR NOT YOU MUST ENROLL ONLINE BEFORE OCTOBER 31, 2014

  25. ONLINE ENROLLMENT Whether you are changing benefits or not…….you must go online prior to October 31, 2013 to enroll in the health, dental and vision plans. HR CANNOT ENROLL YOU AFTER OCTOBER 31

  26. OPEN ENROLLMENT

  27. OPEN ENROLLMENT

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