La Salle University is a member of the Philadelphia Area Independent School Business Officers Association (PAISBOA) Health Benefit Trust . This consortium enables us to bring affordable healthcare and a rich array of wellness programs to our employees.
Eligible employees may choose from among two health plans, a Health Maintenance Organization (HMO) Plan (Aetna Select) and a High Deductible Health Plan (Aetna HDHP). Both plans are offered through Aetna. Coverage is effective the first of the month following date of hire.
On the Aetna Select HMO plan, primary care co-pays are $20 and specialist co-pays are $40 for the 2017-2018 plan year. On the Aetna HDHP the deductible for single coverage is $2,500 and the family deductible is $5,000 for the 2017-2018 plan year. The University shares the cost of medical insurance with employees. Employees can opt to have medical premiums deducted from their paycheck before or after taxes.
Prescription Drug Program
As part of La Salle University’s medical insurance plans, eligible employees receive prescription drug coverage (Rx) through CVS Caremark. The cost of the Rx plan is included in the medical insurance premium.
Prescription drug co-pays for employees enrolled in the Aetna Select HMO plan for the 2017-2018 plan year are: $20 Generic, $75 Preferred, $100 Non-Preferred, Mail Order Program 2x co-pay. On the Aetna HDHP, the employee pays the full cost until the deductible is met and then the following co-pays apply for the 2017-2018 plan year: $5 Generic, $20 Preferred, $45 Non-Preferred, Mail Order Program 2x co-pay.
Vision benefits through EyeMed Select Network are included for eligible employees with both Aetna medical plans. Participants enrolled in one of our medical plans are eligible to receive an eye exam plus $100 toward hardware (glasses, contacts, etc.) once every 24 months.
Eligible employees can chose from a United Concordia Plus Plan (DHMO) and a United Concordia Flex Plan for themselves and their eligible dependents. Eligible dependents include children up to the age of 19 and unmarried dependent students until the age of 23. Disabled dependents are covered to any age. Coverage is available the first of the month following date of hire.
The United Concordia Plus Plan (DHMO) requires a primary care dentist. All dental services must go through this dentist in order for services to be covered. The United Concordia Flex Plan allows employees to go to any dentist that accepts United Concordia however there is a $2,000 calendar maximum per person enrolled in the plan. The University shares the cost of dental insurance with employees unless the employee chooses to waive medical insurance. In the event that medical insurance is waived, the University will cover the full cost of dental insurance. Employees can opt to have dental premiums deducted from their paycheck before or after taxes.
Flexible Spending Accounts
Eligible employees have the option to participate in a tax-exempt Healthcare Flexible Spending Account (FSA) for eligible healthcare expenses. This account is administered through Payflex. For the 2017-2018 plan year, employees may elect up to $2,600 for a Healthcare FSA.
Healthcare Savings Account
For employees enrolled in the Aetna High Deductible Health Plan, La Salle University offers a Health Savings Account (HSA) through HealthEquity. The HSA is essentially a bank account that allows you to save and pay for eligible healthcare expenses tax-free up to a certain amount. You can even use HSA funds to pay Continuation Coverage and long-term care insurance premiums. For 2018, the IRS allows up to $3,450 for an individual and up to $6,900 for family coverage. Participants age 55 and older can contribute an additional $1,000.