Loyola Benefits

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OVERVIEW

• Health Insurance
• Dental Insurance
• Vision Insurance
• Life and ADD Insurance
• Long Term Disability
• Flexible Spending Accounts
• Open Enrollment Assistance
• Enrollment Meetings
• Help Desk Sessions
• Website assistance

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Health Insurance

• Blue Cross Blue Shield of Louisiana
• Premiums are paid on a pre-tax basis
• No increase in employee contribution
• To continue current selection, no action is
  necessary.
• Enrollment form is necessary for all new
  participants and current participants requesting
  coverage changes.

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Health Plan Options

• You may choose from among the following medical
  insurance options
• A. Basic Option
• B. Plus Option
• C. Waiver of Benefits (no coverage)
• You and Loyola are partners in paying the cost of
  your medical insurance. Loyola pays the majority
  of the cost. You pay your share of the cost with
  before-tax dollars deducted from your pay, which
  lowers your taxable income.

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Health Plan Options - Comparison

• Basic Option
• Lower monthly premium
• Has higher out-of-pocket expenses when you
  receive care
• May be cost effective for those who dont use
  their coverage frequently.

• Plus Option
• Higher monthly premium
• Lower out-of-pocket expenses when you receive
  care
• May be cost effective for those who utilize their
  coverage often.

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Basic vs. Plus NetworkExamples of network
benefits
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Basic vs. Plus Non-NetworkExamples of
non-network benefits
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Prescription Drug Benefit

• Five tier coverage levels for prescription drugs
• Benefits available from participating Blue Cross
  Blue Shield network pharmacies
• Mail-order prescriptions are convenient
• The copayment for a 90-day supply by mail is
  three times the copayment of a 30-day retail fill
• Copayments vary by Basic and Plus Plans

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Prescription Drug Basic vs Plus

• A list of covered drugs in each tier is available
  at www.bcbsla.com by
• following these links
• Customer
• Prescription Drug Program
• Formulary Drug Guide, Five-Tier Co-payment Option
  

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Monthly Cost for 2007 Health Coverage
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Dental Plan Options

• Two plans are offered by CIGNA
• Dental Preferred Provider Organization (DPPO) new
  group 3215404 for 2007
• Dental Health Maintenance Organization (DHMO)
  (copay schedule changes)
• 1-800-244-6224 or 1-800-CIGNA24 for Customer
  Service
• To continue current selection, no action is
  necessary.
• Enrollment form is necessary for all new
  participants and current participants requesting
  coverage changes.

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Dental Plan Options - Comparison
Reasonable and customary
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Monthly Cost for 2007 Dental Coverage
Loyola pays 50 of Employee Only coverage premium
for all levels of coverage. No increase in
employee contribution.
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Vision Service Plan (VSP)
Blue Cross medical coverage includes a vision
exam once every 24 months.
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VSP Plan Enhancements

• Polycarbonate lenses will be covered in full for
  children, at no additional cost.
• New Contact Lens Care Program which includes
• professional contact lens care
• contact lens exam and follow-up visits.
• initial supply of non-specialty contact lenses
  including conventional, daily or one- to two-week
  disposables, 30-day extended wear or planned
  replacement lenses.

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Monthly Cost for 2007 Vision Coverage
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Life and ADD
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Life and ADD
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Long Term Disability

• Loyola pays 100 of the premium for you at a cost
  of 0.345 per 100 of coverage.
• The benefit is 60 of your base salary to a
  maximum benefit of 10,000 per month.
• You choose taxable or non-taxable premiums
  (taxable premiums mean tax-free LTD benefits.)
• To continue current selection, no action
  necessary.
• To select a different tax option, a form is
  required.

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Flexible Spending Accounts

• Medical expenses eligible reimbursement up to
  5,000 a calendar year.
• Dependent care expenses eligible reimbursement
  up to 5,000 a calendar year.
• Most medical expenses that are not reimbursed by
  insurance plans are eligible under the FSA.
• Includes eligible over-the-counter medicines and
  drugs
• Health and/or Dependent Care forms must be
  completed to participate in 2007.

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Open Enrollment

• Open enrollment deadline for submitting
  applications and elections is November 10, 2006.
• Open enrollment changes become effective January
  1, 2007.

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Open Enrollment Assistance

• Benefits Enrollment Meetings
• 11/02 11/03 on Main Campus and Broadway
• Help Desk Sessions
• 11/07 on Broadway
• 11/08 and 11/09 on Main Campus
• HR Web Site Assistance
• httpwww.loyno.edu/human.resources/benefits/2007op
  enenrollment.html
• Includes 2007 Open Enrollment slide presentation.
• Sample applications, downloadable forms and
  instructions.

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Summary Plan Descriptions (SPD)

• The SPD is a detailed summary describing
  benefits, requirements for obtaining benefits and
  limitations on benefits. The SPD also advises
  plan participants and their beneficiaries of
  their rights and obligations under the plan.
• SPDs are available to review on the Human
  Resources Web Site.
• To access this information on the Human Resources
  Web site go to
• http//www.loyno.edu/human.resources/benefits/summ
  aryplandes.html

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For additional information please contact Human
Resources at 7757.