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My
Health.
My Life.
Open Enrollment:
October 1 –
October 17
,Why is your health important to you?
,What you can do … Get involved in your health
Knowledge is power – learn about your risks Take advantage of services available to support you Did You Know?
Nearly 80% of disease in this country is preventable.
,25% Benefits 75% Salary Making decisions about your benefits
Open enrollment is a time to decide which options best meet your needs
Benefits: health, dental, vision, reimbursement accounts Did You Know?Collectively, benefits represent an additional 20 - 25 percent of your compensation.
,
Duke’s Health
Plans Duke offers 4 plans to meet the diverse needs of faculty, staff and their families.
Consider: cost, coverage, physician network, dependents, etc. Did You Know?For those enrolled in Duke
Select and Duke
Basic the provider network will continue to expand in
Wake County.
,Improving health impacts cost The projected premium increase nationally is 5 times higher than Duke’s very small average premium increase.
$
0 – $1.76/month $0 – $7.97/month
,Comparing the Cost of
Health Care Did You Know?In
2006, the average medical claims cost per Duke employee was $5,298, most of which was covered by Duke.
,
Pharmacy Benefits No increase in pharmacy co-pays
Decrease in co-pay for diabetic insulin andsupplies– savings of up to $1,
200/year Did You Know?Typically, generic drugs cost 30 percent to 60 percent less than the brand-name drug.
,Duke’s
Vision Plan for 2008 No increase for premiums in 2008.
Premiums from $8.85 for individual coverage and $27.47 for family coverage. Vision Plan:provides coverage for prescription lenses and frames or contact lenses (in lieu of eyeglasses), as well as a complete annual eye exam.
,Duke’s Dental Plans for 2008 No increase in premiums for Dental
Plan B.
Premiums for Dental
Plan A will increase $1.24/month for individual coverage and $3.75/month for family coverage. ,
Save with Reimbursement Accounts Pre-tax savings is about $30-$40 for every $
100 of eligible expenses
Health Care Reimbursement Account
Dependent Care Reimbursement Account ,Reimbursement Account Examples ,Reimbursement Made
Easy Pay at
point of sale
Works like a debit card … deducts pre-tax dollars from your reimbursement account Helps reduces paperwork of filing claims, waiting for reimbursement Did You Know?
Despite being one of the best ways to save money on health care expenses, only 18 percent of eligible faculty and staff take advantage of the Health Care Reimbursement Account.
,
Timeline Aug. – Sept.:
Meetings with managers
September: Articles in
Working@Duke and INSIDE Duke
Medicine. Sept. 17: Open enrollment packages mailed. Sept. 24 - Oct. 12:
Information sessions Oct. 1 -
Oct. 17: Open enrollment period ,Manager’s
Role –
Deliver 4 key messages Your health is important – take advantage of available benefits and services – start by taking your health risk assessment
Duke’s increase for health insurance in 2008 will be 5 times less than increases nationally No increases in co-pays or deductibles for health, pharmacy, dental, or vision benefits – in fact, decreasing diabetic supply co-pay The time to enroll or change coverage will be from Oct. 1 – Oct. 17 ,
Questions?
- published: 17 May 2016
- views: 0