Region VIII Education Service Center is pleased to sponsor the Region VIII TIPS Employee Benefits Cooperative (TIPSEBC). Protecting your family and assets is an important and complicated task. TIPSEBC offers you a comprehensive benefits package to achieve this goal. Use the navigation tools at the top of the screen to learn more about the different benefit offerings available to you as an employee of Region VIII TIPSEBC.
Important Things to Know for 2011 – 2012
(Click on BENEFITS & FORMS for detailed information on the benefits offered.)
- SECTION 125 CAFETERIA PLAN YEAR: September 1, 2011 through August 31, 2012.
- UPDATE all personal information online; address changes, new phone numbers and/or new email information.
- FLEXIBLE SPENDING ACCOUNTS: (1) If you participate in the FSA and your district has the MGM Flex Debit Card, please DO NOT discard. The MGM Flex Card is good for 3 years and costs $10 to replace should you lose it or throw it out. (2) Flex elections do not rollover. (3) PLEASE KEEP ALL RECEIPTS should you be audited by the IRS or asked to substantiate a claim.
- MEDICAL: Medical changes cannot be made in the online enrollment system. See your benefits administrator for any plan changes or pre/post tax election changes to this plan.
- DENTAL: This is a PPO dental plan that gives the participant the freedom to choose any dentist. The annual maximum is $1,000 with a rollover feature available.
- VISION: This plan allows all vision members to receive eye exams, lenses or contacts once a year and frames every two years. In-Network benefits have co-payments for exam and materials. Rates are increasing this year.
- DISABILITY: Employees can enroll and/or increase their monthly benefit amount up to 66 2/3% of gross annual salary without Evidence of Insurability. Guarantee issue amounts are subject to a 12-month pre-existing condition exclusion.
- SULPHUR SPRINGS ISD EMPLOYEES ONLY - CIGNA IS THE NEW CARRIER THIS YEAR
o LONG TERM DISABILITY: This is an employer paid benefit available to all eligible employees who work 20+ hours per week.
o SHORT TERM DISABILITY: Employees who apply for new coverage this year must complete an Evidence of Insurability form and pre-existing condition exclusion will apply.
- CRITICAL ILLNESS:This is an age banded rate plan that allows benefits up to $15,000 for employee and $10,000 for spouse in increments of $5,000. Dependent children are automatically covered for 25% of the employee’s approved coverage. Elections are issued on a Guarantee Basis (no questions asked), however, pre-existing condition exclusions will apply.
- CANCER: The APL cancer Plan is offered on a Guarantee issue basis which means no health questions are required. Guarantee issue coverage is subject to pre-existing condition exclusions.
- ACCIDENT: The American Public Life Accident Plan is designed to be a supplement that pays benefits directly to you. This plan has an ambulance, hospital and a physician expense benefit. Issue ages are 18-64.
- VOLUNTARY GROUP LIFE/AD&D: This age rated plan is available to employees in $10,000 increments up to the lesser of 7 times salary or $500,000. Evidence of insurability is required for late entrants.
- INDIVIDUAL LIFE: 5 Star Family Protection Plan with Terminal Illness. This plan offers a guaranteed level premium to age 100 and a guaranteed level death benefit for the first 10 years. You and your family can continue coverage with no loss of benefits or increase in cost should you terminate employment after the first premium is paid. This insurance does not require a medical exam; eligibility for coverage is based on a few simple health questions.
- IDENTITY THEFT: Identity Theft Protection through ID Watchdog. Monthly reporting alerts you to any identity threats or notifies you that there has been no change in the last 30 days. Full resolution services are included should your identity ever be compromised while covered by this plan.
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Financial Benefit Services, LLC
2121 N. Glenville Drive
Richardson, TX 75082
Local: 469.385.4640
Toll Free: 800.583.6908
Fax: 469.385.4641 |
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