Overview of Employee Benefits Programs

 

All items in red are hyperlinks directing you to more information

 

Eligibility for benefits

Full-time employees are eligible to be covered under our group benefit plans as shown below. Coverage will be effective on the first day of the month following your date of hire.

Domestic Partnership

Centenary College of Louisiana benefits coverage will be extended to same sex and opposite-sex domestic partners of our full-time faculty and staff. Benefits for domestic partners will be administered in the same manner, as possible, to the benefits for legally married couples. To establish the eligibility for benefits please contact the Human Resource office.

Voluntary Benefits with Employer Contribution

Medical Insurance Information For Employees and Retirees - EBMS

 

2023 Dental and Vision Benefits Information - Mutual of Omaha

2022 Dental and Vision Benefits Information - Guardian

 

Machine Readable File
Transparency in Coverage 

The Department of Labor (DOL), Health and Human Services (HHS), and Treasury published the “Transparency in Coverage” rule, imposing new requirements on group health plans and health insurers in the individual and group markets to disclose cost-sharing information, in-network provider negotiated rates, historical out-of-network network allowed amounts, and drug pricing information. The machine-readable files are formatted to allow researchers, regulators, and application developers to more easily access and analyze data.

Under this rule, the College is required to provide a member-facing price comparison tool and post publicly-available machine-readable files. The data in the files below will be updated monthly.

CIGNA

 

Employer Paid Insurance

 

2023 Life and Accidental Death & Dismemberment Insurance

 

2022 Life and Accidental Death & Dismemberment Insurance

 

Short Term Disability Insurance

2023 Long Term Disability Insurance

 

2022 Long Term Disability Insurance

 

Employee Assistance Program (EAP)

Centenary College of Louisiana cares about the mental health and wellness of its employees. Mental health and wellness encompass emotional, behavioral, and cognitive well-being. It can positively or negatively affect our physical health, relationships, and daily lives. Addressing mental health and wellness allows each of us to reach our full potential.

When life gets tough, it’s helpful to have someone in your corner to listen, offer advice and point you in the right direction for additional help. That’s what you get from our Employee Assistance Program (EAP) that offers confidential counseling when you need it most.  Click here to learn more about the EAP services at Centenary College.

2023 Voluntary Benefits (100% Employee Paid)

 

2022 Voluntary Benefits (100% Employee Paid)

 

Flexible Savings

 

Health Savings Account

 

Retirement Benefits Program Information and Enrollment Forms for Employees

Have questions or need assistance with your retirement account, please call the TIAA National Contact Center (NCC) at 1-800-842-2252 Monday-Friday 8:00 AM-10:00 PM EST if they need any assistance with their retirement plan. 

Would you like to set up a virtual 1:1 consultation with a TIAA Virtual Financial Consultant? If so, please call 1-800-732-8353 (Monday-Friday 8:00 AM to 8:00 PM EST).

Beneficiary Change instructions

Making a point to update beneficiary information on file is extremely important. Be sure your beneficiary information is up-to-date to ensure your wishes are fulfilled. Both your Life insurance and TIAA retirement benefits provide for beneficiaries in the event of an employee death, so it is crucial that the information remain up-to-date. Please click here to learn how to review/update your TIAA beneficiary information. Please also log into eSelfServe and select the Benefit tab to review/add beneficiary information.

 

Additional resources

Telemedicine

We know that not everyone has a relationship with a doctor who can provide advice on the spot.

Here are some tips on what you can do:

  • If you are a member of Centenary’s health plan you are probably aware that you have access to Telemedicine through SwiftMD. You can go online or call and talk to a real doctor 24/7, from anywhere in the United States. Start by completing registration at SwiftMD

This service is not just for suspected Covid-19 infections and applies to any non-life-threatening health issue for you or your family members.

Well-Being at Centenary College of Louisiana

At Centenary, we take well-being seriously. In addition to providing an exceptional private liberal arts educational experience, we want to help you build important life skills that will help you deal with the demands and challenges of everyday life.

VeracityRx - Specialty and International Prescriptions

As you probably know, prescription drug costs are unpredictable, and costs are rapidly rising each year. The goal is to have your best interests in mind by providing the best coverage at an affordable rate. Veracity-Rx is here to help make each step of your healthcare experience easier.

  • Generic Medications
    Most medications are prescribed as generic medications.  When you choose the generic prescription versus the brand name Rx, you can save on your member cost/copay. For example, when your purchase the drug store/generic brand of “ibuprofen” instead of the brand name “Motrin”, you still receive the same pain relief without the expensive brand label.
  • Specialty Medications
    When you have been prescribed a Specialty Drug (see attached – Specialty Drugs), be sure to go to www.veracity-rx.com and enroll. A Veracity-Rx pharmacist will be in touch and will work closely with you and/or covered family members who are taking a specialty Rx. With this program, the Veracity-Rx team member will pursue getting the medication covered through patient assistance.  In most cases, members will qualify for free medication which saves you and the college a lot of money.  These particular medications can cost anywhere from $80,000 to $500,000 and up.  If you choose not to participate in the Veracity-Rx Specialty pharmacy program, you will be responsible for the full cost of the medication.
  • International Medications
    When you have been prescribed a drug that can be attained by the Veracity-Rx pharmacy benefit provider in Canada (see attached – International Drugs) you will no longer have a copay, the medication is mailed directly to your home and often is available in 90-day fills; and Centenary will save at least 50% on the cost of the medication. Many of these medications cost $1000 a month for the college, so if we can reduce that cost, we all benefit. It is important to point out these medications are exactly the same medications you get in the U.S. If you are prescribed a medication on the International list, please enroll at www.veracity-rx.com immediately.  A Veracity-Rx team member will be in touch with you and walk you through the next steps.


COBRA

Information about your right to COBRA continuation coverage, which is a temporary extension of insurance coverage under the Plan when it would otherwise end because of a life or career event. 

Continuation of Benefits While on Unpaid Leave

While on approved leave without pay, you must take action in order to continue your benefits under COBRA. Your benefits deductions are normally taken out of your paychecks, but while you are on a leave without pay. The link above explains the impact to your benefits while you are on leave without pay.

Qualifying Events

Certain events in your life can affect your benefits coverage and tax status. If you experience a qualifying life event, you may make changes to some of your benefits within 30 days of the event. Any changes you make must be consistent with your qualifying event, must be permitted by plan rules, and must be requested within 30 days of the event.

Qualifying life events include:

  • Marriage or divorce
  • Birth, adoption, or placement of a child for adoption,
  • Death of spouse or covered dependent,
  • Loss of eligibility for insurance coverage for employee or a covered dependent
  • Gain of eligibility for insurance coverage for employee or a covered dependent
  • Change in spouse's employment status which results in a loss or gain of insurance coverage

If you experience qualifying life event, you have 30 days from the date of the event to contact Human Resources to request changes to your benefits.

To request benefit election changes due to a qualifying life event you must complete and submit the QLE form.


Retirement and Medicare

Retirement decisions are among the most important you will ever make. This Ready to Retire Guide will help answer some common questions.

Medicare

If you or your spouse will be 65 or older when you retire, Medicare will play an important role in your health insurance coverage. This guide will help answer some common questions.

Notice of Nondiscriminatory Policy The institution does not discriminate in its educational and employment policies against any person on the basis of gender, race, color, religion, age, disability, sexual orientation, national or ethnic origin, or on any other basis proscribed by federal, state, or local law.