Below are the 2019 Benefits Rates for Medical, Dental, Vision, and Supplemental life, as well as maximum annual contributions for Flexible Spending Accounts (FSAs).
Staff, Faculty & Administrators Rates
Tulane University offers you a choice of two medical plans through United Healthcare. The information below is only a summary of medical coverage. Please see the plan summaries detailing coverage information, limitations, and exclusions.
| Level of Coverage Selected |
Monthly Employee Contributions: HRA Plan |
Monthly Employee Contributions: POS Plan |
|---|---|---|
| Employee Only | ||
| Less than $50,000 | $53.42 | $115.24 |
| $50,000 to $64,999 | $85.80 | $146.94 |
| $65,000 to $94,999 | $154.79 | $216.02 |
| $95,000 & above | $209.94 | $270.02 |
| Employee + Spouse | ||
| Less than $50,000 | $405.00 | $518.28 |
| $50,000 to $64,999 | $503.53 | $601.52 |
| $65,000 to $94,999 | $587.31 | $748.70 |
| $95,000 & above | $656.35 | $855.66 |
| Employee + Child(ren) | ||
| Less than $50,000 | $310.37 | $401.64 |
| $50,000 to $64,999 | $436.48 | $530.60 |
| $65,000 to $94,999 | $572.17 | $734.03 |
| $95,000 & above | $642.39 | $838.88 |
| Employee + Family | ||
| Less than $50,000 | $453.17 | $681.37 |
| $50,000 to $64,999 | $579.26 | $763.69 |
| $65,000 to $94,999 | $728.29 | $947.65 |
| $95,000 & above | $858.88 | $1,075.07 |
Student Employee Rates
| Level of Coverage | Monthly Student Employee Contributions |
|---|---|
| Student Employee Only | $784.34 |
| Student Employee + Spouse | $1,647.11 |
| Student Employee + Child(ren) | $1,451.03 |
| Student Employee + Family | $2,274.59 |
Biweekly Rates
To calculate the biweekly rate please find your monthly rate, multiply that amount by 12 and then divide by 26. For example: An employee in an annual salary band of [$50,000 to $64,999] "Employee Only" tier on the HRA plan: $85.80 x 12 = $1,029.60/26 = $39.60 (estimated biweekly medical rate for this example).
Dental
Tulane offers employees two dental plan options through Delta Dental. Please see the plan summaries detailing coverage information, limitations, and exclusions.
| Level of Coverage Selected | Monthly Employee Contributions: Low Plan | Monthly Employee Contributions: High Plan |
|---|---|---|
| Employee Only | $16.85 | $22.44 |
| Employee + Spouse | $34.82 | $46.39 |
| Employee + Child(ren) | $37.23 | $49.61 |
| Employee + Family | $61.17 | $81.51 |
Vision
Tulane offers employees vision insurance through EyeMed that includes coverage for eye exams and eyeglasses or contact lenses. Please see the plan summaries detailing coverage information, limitations, and exclusions.
| Level of Coverage | Monthly Employee Contributions |
|---|---|
| Employee Only | $6.03 |
| Employee + Spouse | $11.46 |
| Employee + Child(ren) | $12.06 |
| Employee + Family | $17.73 |
You can purchase Supplemental Life and AD&D (Accidental Death and Dismemberment) coverage for you and your family. Below are the monthly rates per $1,000 of coverage for employee and spouse Supplemental Life Insurance. These rates are based on your current age and are automatically adjusted for age band and salary increases each year.
To purchase supplemental life coverage for your spouse or child(ren), you must enroll yourself in coverage. You pay 100% of the cost for this coverage. Please refer to the plan summaries for the low-cost, age-related rates. You are not required to purchase Supplemental Life in order to purchase AD&D. You can enroll independently.
Supplemental Life - Employee and Spouse
| Age | Cost |
|---|---|
| Under 35 | $0.040 |
| 35 to 39 | $0.051 |
| 40 to 44 | $0.071 |
| 45 to 49 | $0.132 |
| 50 to 54 | $0.221 |
| 55 to 59 | $0.376 |
| 60 to 64 | $0.590 |
| 65 to 69 | $1.104 |
| 70 + | $1.812 |
Supplemental Life Cost Calculation
Scenario: Employee is 32 years old with a salary of $50,000. Calculation: ($50,000 divided by $1,000 x rate $0.040) Cost: $2.00 per month.
Supplemental Life - Child
| Coverage | Cost |
|---|---|
| $10,000 | $1.10 each |
| $20,000 | $2.20 each |
Accidental Death and Dismemberment (AD&D)
| Coverage | Cost |
|---|---|
| Employee Only | $0.02 |
| Family | $0.028 |
Flexible Spending Accounts (FSAs) help you save money by allowing you to pay for certain types of health care and dependent care expenses on a pre-tax basis. Below are the maximum annual contributions that can be made into Healthcare FSA and the Dependent Care FSA for 2019.
Note: You must re-enroll in FSA programs each year you choose to participate
|
|
|---|
| $2,650 Maximum Annual Contribution |
| FSA Debit Card |
| Grace Period after year end |
|
|
|---|
| $5,000 Maximum Annual Contribution |
| Funds available as contributions are made via payroll deductions |
| No grace period |
