Annual open enrollment process for benefit options begins today

The annual open enrollment process for all benefit options begins today, May 3, and ends Thursday, June 10. Please thoroughly review the Benefit Guide emailed by HR on Friday, April 30. It provides an overview of provided benefits, including premium information for health and dental insurance for the plan year beginning July 1, 2021. You may also view this brief benefit summary video. Open enrollment offers the opportunity to make changes to all benefit options, including Voluntary Life and AD&D insurance, Long-Term Disability Insurance, Critical Illness Insurance and Accident Insurance. We are also introducing two new benefit programs: Vision Insurance and Hospital Indemnity Insurance.

Open Enrollment Process

We are excited to introduce a new benefits enrollment platform, PlanSource. PlanSource provides an easy-to-use, educational experience for benefits shopping and enrollment, with tools that will help you in your decision-making process. As you make benefit enrollment decisions, you will be able to see what these decisions are costing you per pay. The platform is available to you throughout the year to view your current benefits, update beneficiaries and request changes due to life events. All employees must access the open enrollment process to review your current benefits and what options available to you effective July 1, 2021. You will receive an email today, May 3, with more instructions on how to access the benefit enrollment system.

Benefit Information

Below is a summary of changes that will be implemented effective July 1, 2021. Please go to PlanSource on or after May 3 to view more detailed information on each benefit program.

Health Insurance

SISCO will be the college’s new third party administrator (previously was Allied) for the processing of health insurance and flexible spending account claims. All employees enrolled in a LLCC health insurance plan will be receiving new health insurance cards to be used effective July 1. If you need your health insurance card on or after July 1 but have not yet received it, please contact HR for assistance.

The insurance committee recommended plan design changes in order to ensure premiums did not increase by more than 2.6%. These changes include increases to the individual deductible and out-of-pocket maximums and the addition of a Specialty Rx tier under the Open Access Plan with a $200 copay. Family deductibles and OOPs remain unchanged. These changes are outlined below.

Coverage Component	Open Access Plan	High Deductible Plan
Individual Deductible	Tier I: $1,500 Tier II: $1,800 Tier III: $2,200	$3,000
Individual Out-of-Pocket Max	Tier I: $3,000 Tier II: $4,500 Tier III: $5,800	$6,000
Specialty Rx Copay	$200	N/A

Dental Insurance

Dental insurance will be offered through Sun Life effective July 1^st. The dental insurance benefit remains unchanged…same plan and benefit levels with no difference between in-network and out-of-network coverage. All dental providers will be accepted. With this change, we will see a slight decrease in premiums…good news!

Voluntary Life, AD&D and Long-Term Disability Insurance

This coverage is now offered through Sun Life. Program remains unchanged. The voluntary life insurance rates for ages 25-39, as well as the child life insurance rate will increase by $0.01 per $1,000 of coverage. All other rates remain unchanged.

Critical Illness Insurance and Accident Insurance

This coverage continues to be offered by Sun Life. Accident Insurance is now only for non-work related accidents (those are covered by worker’s comp insurance instead), but levels of reimbursement for many covered accidents have been increased, while premiums have decreased. Critical Illness Insurance has more qualifying conditions that are reimbursable, and some conditions, such as cancer, now have a recurrence benefit. You and your eligible dependents may enroll in these benefits.

Vision Insurance – New Benefit!

LLCC is now offering a standalone vision plan offered by Sun Life/VSP. Anyone enrolled in a LLCC health insurance plan has a modest vision benefit included. You and your eligible dependents may now enroll, instead, in this enhanced vision insurance plan. This plan is also available to employees who decline the LLCC health insurance.

Hospital Indemnity – New Benefit!

This benefit provides assistance for out-of-pocket medical costs associated with a hospital stay. You and your eligible dependents may enroll in this benefit.

Informational Sessions

If you wish to hear more about the college’s benefits or have questions, please attend one of the following sessions. These sessions will be recorded and made available for viewing if you are not able to attend.

Sun Life Presentation – Accident, Critical Illness and Hospital Indemnity Insurance

May 6, 2 p.m.
https://us02web.zoom.us/j/83738301849?pwd=NHozYUNlQ3ovMnF1d3JtTG95MnA5QT09