Perks
- Health Insurance
- Dental Insurance
- Life Insurance
- Vision Benefits
- Retirement
- Long Term Disability (LTD)
- Business Travel Accident Insurance
- Leave Benefits
- Holidays
- Other Benefits
Health Insurance
Blue Cross/Blue Shield (BCBS) is the health insurance carrier for faculty, administrators, and contract employees. There are two health insurance choices under BCBS. Premium cost is the same for each plan, and is payable on a pre-or post-tax basis. A narrative of each of the plans is listed below.
Administrator medical premiums (annual cost divided by 12) for 2012 are:
Rate sheet (
14 KB)
Faculty medical premiums (annual cost divided by 10) for 2012 are:
Rate sheet ( 14 KB)
a. BCBS HMO Colorado with POS BlueAdvantage:
This plan requires you to choose a primary care physician (PCP) and affiliated hospital group from the HMO directory. Members are not required to obtain a referral from their PCP to see an in-network specialist. General charges are in the form of co-payments for most services. The option to utilize out-of-network or point-of-service providers, including out-of-state providers, will be allowed but with more limited coverage consisting of deductibles and co-insurance based on predetermined allowable maximums. Annual out-of-pocket provisions apply. Some services require prior authorization before services are rendered.
This plan does include a prescription benefit. The employee share of prescription drug costs will vary dependent upon a number of factors. You must use an Anthem Rx Pharmacy; specialty pharmacy drugs are only available through PrecisionRX Specialty Solutions®.
b. BCBS Prime:
This plan allows flexibility in choosing a doctor without a referral if you choose. Prime doctors are located in the preferred provider’s (PPO) directory. By using Prime providers, benefit coverage is increased and deductibles are decreased. Annual out-of-pocket provisions apply.
Employees have the option of selecting a non-Prime provider, however benefit coverage is decreased and deductibles are increased. Annual out-of-pocket provisions apply.
This plan does include a prescription benefit. The employee share of prescription drug costs will vary dependent upon a number of factors. You must use an Anthem Rx Pharmacy; specialty pharmacy drugs are only available through PrecisionRX Specialty Solutions®.
Dental Insurance
Blue Cross/Blue Shield (BCBS) is the dental insurance carrier for faculty, administrators, and contract employees. There are two dental insurance choices under BCBS. Premium cost is the same for each plan, and is payable on a pre-or post-tax basis. A narrative of each of the plans is listed below.
Administrator dental premiums (annual cost divided by 12) for 2012 are:
Rate sheet ( 14 KB)
Faculty dental premiums (annual cost divided by 10) for 2012 are:
Rate sheet ( 14 KB)
a. Anthem Blue Dental PPO Plus (BlueClassic):
This is a traditional dental plan and offers you flexibility by allowing you to select the dentist of your choice or a dentist within the Dental Classic network of providers (in-network). By choosing one of the in-network providers, your cost are kept at a minimum and you do not have to file any claim forms.
This plan does include a prescription benefit. The employee share of prescription drug costs will vary dependent upon a number of factors. You must use an Anthem Rx Pharmacy; specialty pharmacy drugs are only available through PrecisionRX Specialty Solutions®.
b. Anthem Blue Dental PPO (BluePreferred)
This choice is a PPO Plan with an extensive network of dentists throughout Colorado. You have a reduction in fees when selecting DentalPrime in-network dentists and these dentists will submit all paperwork on your behalf. If you choose a dentist outside of the DentalPrime network, deductible and co-insurance payments may apply. You will be responsible for submitting claim forms to Anthem Blue Cross Blue Shield of Colorado.
Life Insurance
Basic life insurance through Anthem Life Insurance Company is provided at no cost to the employee. The amount of employee coverage provided is twice your base annual salary (maximum is $500,000) through age 64. At age 65, this benefit reduces to $50,000. This benefit further reduces to $10,000 at age 70.
Leave Benefits
Leave benefits differ between faculty, administrators and classified staff. Specific faculty and administrator benefits include:
Annual
Administrators: 4 calendar weeks (20 days) per year granted July 1 of each year to a maximum of 40 days. The amount of annual leave granted is prorated based on employee hire and separation dates.
Faculty: Not eligible for annual leave accrual.
Sick
Administrators: 4 calendar weeks (20 days) per year granted July 1 of each year with no carryover year to year. The amount of annual leave granted is prorated based on employee hire and separation dates.
Faculty: 4 calendar weeks (20 days) per year granted July 1 of each year with no carryover year to year. The amount of annual leave granted is prorated based on employee hire and separation dates.
