2012 musc-uma comparison

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					                                                             MUSC / MUSC Physicians (UMA) Full Time Faculty Member Benefits Summary

                                                         Medical University of South Carolina                                                                                MUSC Physicians (UMA)
Benefit                     Benefit provided by MUSC                        Carrier          Eligibility and Enrollment                Benefit Provided by UMA                        Carrier           Eligibility and Enrollment

                                                                                                                                                                                                        Automatic enrollment. Employee
                                                                                                                                                                                  This is a group       must enroll and assign a beneficiary
                                                                                             Effective first of the month following
                                                                                                                                                                                universal life policy   on line within 60 days from date of
                                                                                             date of hire. Benefit is automatic with   $250,000 (premium paid by UMA,
Group Life Insurance        $3,000 Basic Life                              Met Life                                                                                                with Met Life,       hire. UMA HR will send you an
                                                                                             enrollment in a state health insurance    taxes paid by employee)
                                                                                                                                                                                  issued in your        enrollment email or you can go to:
                                                                                             program. Employer pays premiums.
                                                                                                                                                                                       name.            https://gvulenroll.metlife.com.
                                                                                                                                                                                                        Coverage at no cost to the employee


                            Guaranteed issue as a new hire. Any                              You must enroll within 31 days from
                                                                                                                                       Employee can purchase up to
                            increment of $10,000 up to 3x base                               date of hire for guaranteed issue.                                                                         Employee must enroll online within 60
Optional Term Life                                                                                                                     $200,000 at guaranteed rates / up to
                            MUSC salary, rounded down to the               Met Life          Increases may only be made during                                                        Met Life          days from date of hire. UMA will send
Insurance                                                                                                                              $2,000,000 at preferred rates with
                            nearest $10,000. Up to $500,000                                  Annual Enrollment with approval of                                                                         you an enrollment email.
                                                                                                                                       proof of insurability
                            with approval of medical evidence.                               medical evidence.
                            Spouse : Guaranteed $10K or $20K                                 Guaranteed issue for spouse life
                            as a new enrollee; maximum of                                    within 31 days from date of hire.         Spouse : Can purchase up to
                                                                                                                                                                                                        Employee must enroll online within 60
                            $100,000 or up to 50% of employee's                              Increases made be made throughout         $250,000 ($50,000 Guaranteed
Dependent Life Insurance                                                   Met Life                                                                                                   Met Life          days from date of hire. UMA will send
                            coverage with approval of medical                                the year with approval of medical         Issue)
                                                                                                                                                                                                        an enrollment email.
                            evidence Child : $15K per child;                                 evidence. Child life may be added         Child(ren): $10,000
                            $1.24/mo flat                                                    throughout the year.
                                                                                             Benefit is automatic with enrollment in   60% of combined UMA, MUSC, VA
Basic Long Term Disability 62.5% of base salary, up to $800/mo                                                                                                                                          Automatic enrollment. Employer
                                                                        The Standard         a state health insurance program.         salary; up to $10,000/month after a         The Standard
Insurance                  after a 90 day waiting period                                                                                                                                                funded plan.
                                                                                             Employer pays premiums.                   180 day waiting period

                            Premium based on salary & age: 65%                               Guaranteed issue within 31 days from
                                                                                                                                       Available for employees who earn
                            of MUSC base salary, up to                                       date of hire without ME. May be                                                                            Enrollment form mailed to employee's
Supplemental Long Term                                                                                                                 over $200,000, up to $5,000 per
                            $8,000/month; can elect a 90 or 180         The Standard         added with approval of medical                                                            Unum             home. Must apply within 60 days
Disability Insurance                                                                                                                   month; considered on an individual
                            day waiting period(benefit offset by                             evidence throughout the year.                                                                              from date of hire.
                                                                                                                                       basis
                            UMA benefits & other income)                                     Premium based on age and salary.
                                                                       SC Retirement
                                                                                                                                       401(a) Defined Contribution Plan.                                Automatic enrollment. Employee
                                                                      Systems            -   You have 30 days from hire date to
                                                                                                                                       UMA Contributes 11% of $0 -                                      must select an investment election
                                                                        ------------         select a plan. Election of SCRS is
                            401(a): SCRS (Defined Benefit)                                                                             $40,000, then 14% of $40,001 -                                   and name a beneficiary online
Employer Retirement Plan                                                   ORP: The          irrevocable, may switch from ORP to                                                      Milliman
                             --or-- ORP (Defined Contribution)                                                                         $80,000, then 25% of $80,000 -                                   (www.millimanbenefits.com) any time
                                                                      Hartford, MetLife,     SCRS during designated time. 6.5%
                                                                                                                                       $236,000. Maximum Contribution                                   after date of hire. Fully vested after
                                                                         TIAA-CREF,          pre -tax contribution of MUSC salary.
                                                                                                                                       $49,000                                                          five years of service.
                                                                              VALIC
                                                                                                                                       403(b) Traditional or Roth . $17,000                             Employee can enroll online
                                                                                             These plans can be started year
                                                                                                                                       Max annual contribution. $22,500                                 (www.millimanbenefit.com) any time
Supplemental Retirement                                                                      round. Employee contributions only.
                            403(b), Traditional or Roth 401(k), 457    Various Vendors                                                 age 50 or older. The max                   Milliman              after date of hire. Contributions and
Plans                                                                                        Please contact MUSC HR for
                                                                                                                                       contribution is an aggerate of all                               investment elections can be changed
                                                                                             enrollment instructions.
                                                                                                                                       sources.                                                         anytime.
                                                                                                                                       Tax Free Investment portfolio with no                            Can enroll anytime after date of hire.
                                                                                                                                                                                MFS South
                                                                                                                                       sales charge. The fund's dividends                               $50 minimum monthly contribution.
Municipal Bond Fund         Not applicable                              Not applicable       Not applicable                                                                  Carolina Municipal
                                                                                                                                       are exempt from both SC and Federal                              Enrollment application provided by
                                                                                                                                                                                Bond Fund
                                                                                                                                       Taxes.                                                           UMA HR.
                                                                       Health: BCBS,
                                                                                             Effective first of the month following
                                                                       BlueChoice and
Health / Dental Insurance   Four Health Plans & two Dental Plans                             date of hire. Employees pay premium       Not applicable                             Not applicable        Not applicable
                                                                       CIGNA
                                                                                             after employer contributions
                                                                        Dental: BCBS

                                                                                                                 Page 1 of 2                                                                                              Revised 12/11 lp
                                                                MUSC / MUSC Physicians (UMA) Full Time Faculty Member Benefits Summary

                                                           Medical University of South Carolina                                                                           MUSC Physicians (UMA)
Benefit                      Benefit provided by MUSC                        Carrier       Eligibility and Enrollment                 Benefit Provided by UMA                      Carrier       Eligibility and Enrollment
                                                                                                                                                                                                Effective first of the month following
                                                                            "Discount"                                                                                                          date of hire. Must enroll within 31
                             Vision "discount" program available at          program       State vision plan effective first of the   Comprehensive Vision Plan.                                days of date of hire. Monthly
                             no cost for all state employees.           administered by    month after date of hire. Must enroll      Includes an annual exam for a $10                         premiums are: $6.35 single; $12.10
Vision                                                                                                                                                                        United Healthcare
                                         Additional state vision plan    state insurance   within 31 days of date of hire or          copay and materials for a $25 copay.                      Employee and spouse; $12.65
                             available for premium.                      program. State    Annually during October enrollment.        In and out of network convenience.                        Employee and children; $19.45 Full
                                                                        plan with EyeMed                                                                                                        family. Enrollment form provided by
                                                                                                                                                                                                UMA HR.

                             Medical Spending : Enroll October
                             after 1 yr of employment; maximum
                             $5,000; $3.50 fee/month                    Medical Spending
                                    Dependent Care : Eligible at         and Dependent                                                Medical Reimbursement Plan -                        Effective first of the month following
                             hire; maximum $5,000; $3.50                  Care is with   Please see MoneyPlu$ brochure and            $10,000 annual deferral maximum;                    date of hire. Must enroll within 31
Flexible Spending Plans                                                                                                                                                   Wells Fargo TPA
                             fee/month                                   FBMC. Health    MUSC HR for enrollment instructions.         Dependent Care Plan - $5,000 annual                 days of date of hire. Enrollment form
                                                     Health               Savings with                                                deferral maximum.                                   provided by UMA HR.
                             Savings : Eligible at hire only if              NBSC.
                             enrolled in State Savings Plan; $2.00
                             fee/month; coverage dictates max
                             Accident, Cancer, Critical Illness,
                                                                                                                                                                                                 Only available during Open
                             Disability Income, Supplemental
                                                                                           Contact MUSC HR for enrollment                                                                        Enrollment. Effective first of the
Supplemental Insurance       Hospital Indemnity, Income Protector,      Various Vendors                                               Accident, Cancer and Critical Illness      Trustmark
                                                                                           instructions.                                                                                         month following date of approval.
                             Short Term Disability, Permanent Life
                                                                                                                                                                                                 Enrollment form provided by UMA HR.
                             Insurance
                                                                        Pay stubs can be                                                                                       Paystubs can be
                             Paid monthly on the last working day         accessed at                                                 Paid monthly on the last working day    accessed on UMA
Pay Periods                                                                                Mandatory Direct Deposit                                                                            Mandatory Direct Deposit
                             of the month.                                MUSC "My                                                    of the month.                             Employee Self
                                                                           Records".                                                                                               Service.
                             Annual Enrollment : Annually in
                             October; change health plans;
Enrollment Periods (All      enroll/re-enroll in flexible spending                                                                    Open Enrollment: held in November
                                                                                           Annual and Open enrollment changes
changes effective January    accounts; add/drop state vision plan.                                                                    each year for a January 1st effective
                                                                                           can be made from My Benefits                                                                          Open enrollment conducted on the
1st of the following year,   Open Enrollment : Odd years only in                                                                      date; add or drop vision, and/or
                                                                                           through the SC Employee Insurance                                                                     UMA employee self service.
including any premium        October; in addition to the Annual                                                                       voluntary life insurance; enroll/re-
                                                                                           Program.
changes)                     changes, employees may drop/add                                                                          enroll in flex spending accounts.
                             health and/or dental for employee or
                             dependents; drop/add dental plus.


                             MUSC Contacts:                                                                                           UMA Contacts:
                             Patrice Gordon(A-D)                         (843) 792-9679    gordonp@musc.edu                           Benefits Mgr - Nancy Lamble, PHR         (843) 852-7078    lamblen@musc.edu
Contacts
                             Lisa Beattie (E-M)                          (843) 792-5922    beattie@musc.edu                           Benefits - Lisa Parker, PHR              (843) 852-3127    parkerli@musc.edu
                             LaDeidra Berry (N-Z)                        (843) 792-5924    berr@musc.edu                              Payroll - Bonnie Jones                   (843) 852-3106    jonesb@musc.edu
                             Dee Crawford, Benefits Mgr                  (843) 792-4674    crawfodi@musc.edu                          HR General Box                           (843) 852-3100    muscphysicianshr@musc.edu


                                                                                         This document is only a brief summary of your benefits.
                                                                                Please see the corresponding summary plan description for each benefit
                                                                                    or the Human Resources Department for additional information.


                                                                                                                 Page 2 of 2                                                                                        Revised 12/11 lp

				
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