WHAT'S NEW LIFE SCHOOL OF DALLAS - 2020 OPEN ENROLLMENT - MGM Benefits Group
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
2020 OPEN ENROLLMENT
LIFE SCHOOL OF DALLAS
WHAT’S
NEW
NEW DENTAL CARRIER & PLANS
NEW FSA LIMITS FOR 2020
NEW HEALTH SAVINGS ACCOUNT
NEW INDIVIDUAL LIFE PLAN
www.mybenefitshub.com/lifeschoolofdallas
2020 OPEN ENROLLMENT
Now is the time to make your supplemental ENROLLMENT DATES
benefit elections for a 09/01/2020 effective 08/3/2020—08/14/2020
date. During your annual enrollment period,
you may enroll for additional benefits, BENEFIT WEBSITE
change plan options, or change dependents. WWW.MYBENEFITSHUB.COM/LIFESCHOOLOFDALLAS
For supplemental benefits that require
Evidence of Insurability, a later effective date
may apply. CALL CENTER
(866) 914-5202
If you experience a special enrollment event *SEE DETAILS ON BACK
outside the annual enrollment period,
changes in employee and/or dependent DOWNLOAD APP:
coverage must be submitted to the benefits
TEXT FBS LSDAL
office within 30 days of the event date. For TO 313131
more information, please contact your
Benefits Administrator.
LOGIN INSTRUCTIONS
GO TO BENEFIT WEBSITE:
1
www.mybenefitshub.com/lifeschoolofdallas
CLICK LOGIN:
2
LOGIN
ENTER USERNAME & PASSWORD:
3 All login credentials have been RESET to the following defaults:
Username:
The first six (6) characters of your last name, followed by the first letter
of your first name, followed by the last four (4) digits of your Social
Security Number.
If you have six (6) or less characters in your last name, use your full last
name, followed by the first letter of your first name, followed by the
last four (4) digits of your Social Security Number
Default Password:
Last Name* (lowercase, excluding punctuation) followed by the last
four (4) digits of your Social Security Number.
2020 OPEN ENROLLMENT
WHAT’S NEW
MEDICAL
Blue Cross Blue Shield will remain the Life School medical carrier for the 2020-21 plan year. Download smart phone app
and register. For more information on medical visit the benefit website at www.mybenefitshub.com/lifeschoolofdallas.
FLEXIBLE SPENDING ACCOUNT (FSA)
NEW ANNUAL MAXIMUM! Tax sheltered flexible spending accounts allow an individual to set aside dollars to pay for
future health care and dependent care expenses. Eligible expenses must be incurred within the plan year (9/01/20-
8/31/21) and contributions are “use it or lose it.” Participating employees will receive a FSA MasterCard with your entire
annual FSA contribution to spend throughout the entire school year. May I make new elections in future Plan Years? Yes,
you may. For each new Plan Year, you may change the elections that you previously made. You may also choose not to
participate in the Plan for the upcoming Plan Year. If you do not make new elections during the election period before a
new Plan Year begins, we will assume you want your elections for benefits under the Plan to remain for the upcoming
Plan Year. Effective 9/1/2020 Annual Maximum Contribution Limit increased to $2,750 Individual for the 2020-2021 Plan
Year. If your employer has amended their Cafeteria Plan contract, your FSA can now be used towards Over the Counter
costs as of 1/1/2020. Please check with your employer regarding their Cafeteria Plan contract.
HEALTH SAVINGS ACCOUNT (HSA)
NEW! A Health Savings Account with EECU is a tax-advantaged medical savings account available to employees enrolled
in a high-deductible health plan. You are not eligible if you have access to a Medical FSA or participate in Medicare or
Tricare. Unlike flexible spending accounts (FSA), funds roll over and accumulate year to year if not spent. The Annual
Maximum Contribution Limit is $3,550 Individual and $7,100 Family for the plan year 2020-2021.
DENTAL
NEW CARRIER AND RATES! Effective 09/01/2020 the Dental carrier will change from Beam to Lincoln Financial for
both PPO and DHMO plans.
INDIVIDUAL LIFE
NEW! Family Protection plan with Quality of Life Rider (long term care benefits) is offered at guaranteed issue during
this open enrollment. Individual insurance is a policy that covers a single person and is intended to meet the financial
needs of the beneficiary, in the event of the insured’s death. This coverage is portable and can continue after you leave
employment or retire. Benefit can be purchased for employees, spouse, children prior to age 23.
Please note, the information provided in this flyer is a highlight of your benefit options. For full policy details, limitations and
exclusions, please review the corresponding Plan Information documents available on the benefit website.
2020 OPEN
ENROLLMENT
BASIC LIFE WITH AD&D DISABILITY
Employer Paid Life School of Dallas provides for all Disability insurance protects one of your most
Full-Time eligible employees with Basic Life with valuable assets, your paycheck. This insurance will
AD&D coverage in the amount of $20,000. A replace a portion of your income in the event that
beneficiary is required for this Basic Life with AD&D you become physically unable to work due to
benefit. sickness or injury for an extended period of time.
Pre-Existing Condition Limitations apply. Your Long
VISION Term Disability is 100% employer paid by Life School. Your
Vision insurance provides coverage for routine eye Short Term Disability is voluntary and employee paid.
examinations and can help with covering some of
the costs for eyeglass frames, lenses or contact ACCIDENT
lenses. Do you have kids playing sports, are you a weekend
warrior, or maybe accident prone? Accident plans
HOSPITAL INDEMNITY PLAN are designed to help pay for medical costs
This is an affordable supplemental plan that pays associated with accidents and benefits are paid
you should you be in-patient hospital confined. This directly to you.
plan complements your health insurance by helping
you pay for costs left unpaid by your health LIFE AND AD&D
insurance. Group term life is the most inexpensive way to
purchase life insurance. You have the freedom to
EMERGENCY TRANSPORT select an amount of life insurance coverage you
Medical Transport covers emergency transportation need to help protect the well-being of your family.
to and from appropriate medical facilities by Accidental Death & Dismemberment is life
covering the out-of-pocket costs that are not insurance coverage that pays a death benefit to the
covered by insurance. It can include emergency beneficiary, should death occur due to a covered
transportation via ground ambulance, air accident. Dismemberment benefits are paid to you,
ambulance and helicopter, depending on the plan according to the benefit level you select, if
you elect. accidentally dismembered.
CRITICAL ILLNESS
Critical illness insurance can be used towards
medical or other expenses. It provides a lump sum CALL CENTER INFORMATION
benefit payable directly to the insured upon Number: (866) 914-5202
diagnosis of a covered condition or event, like a Hours: Monday - Friday 8:00 A.M. - 7:00 P.M.
heart attack or stroke. The money can also be used Spanish assistance available
for non-medical costs related to the illness,
including transportation, child care, etc.
You can also read
