Category: Benefits News

This category is for articles and announcements related to your benefits as an MSU benefits-eligible faculty or staff member.

Coronavirus: MSU Benefit Resources Round-Up

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As the situation and details regarding the coronavirus and its impact continue to unfold and change, we want to make sure you’re aware of various benefit-related resources to help you and your family. Here’s a breakdown of what’s available:

Health Care Resources

  • Teladoc for Online Medical Care: employees and their dependents currently enrolled in an MSU health plan have 24/7 access to a health care professional via web, phone or mobile app. Teladoc is an ideal tool if you’d like to have a doctor evaluate and treat symptoms while minimizing in-person contact. Teladoc doctors are equipped to answer questions about the coronavirus, evaluate your risk, and advise on next steps. MSU employees most commonly get help with cold/flu, bronchitis, allergies, pink eye, dermatology and more. Employees and their dependents who are over the age of 18 can also receive medical care for behavioral health (depression, anxiety, etc.). Learn more about Teladoc and how to sign up.
  • Prescription Refills and Delivery to Your Home: MSU’s prescription drug plan is administered through CVS Caremark, and MSU Pharmacy on campus is a CVS-preferred pharmacy. To help you and your family during this time, CVS Pharmacy and MSU Pharmacy are offering free prescription delivery to your home. Additionally, MSU Pharmacy offers a 90-supply on prescriptions and CVS Pharmacy is waiving early refill limits on 30-day prescriptions for maintenance medications at any in-network pharmacy. Learn more about prescription resources.
  • Livongo for Free, Unlimited Diabetes Supplies Delivered to Your Home: Livongo is a diabetes management program completely free to MSU employees, their spouse and dependents. After you sign up, you will be shipped the Livongo Welcome Kit that includes the Livongo meter and all the supplies you need to check your blood glucose. This is an ideal tool to help you receive necessary medical supplies for free without leaving your home. Learn more about Livongo and how to sign up.
  • Blue Cross Blue Shield of Michigan (BCBSM) Care Resources: BCBSM is offering different ways to see a health care professional from the comfort of your home, so you can keep yourself and others safe. Their 24-Hour Nurse Line allows you to speak to a registered nurse if you have questions about the coronavirus or would like free health care advice. Blue Cross Online Visits allows you to have a face-to-face, virtual visit with a doctor 24/7. Options available are based on the MSU health plan you’re enrolled in – find out more here.
  • Employee Assistance Program and MSU Health4U for Counseling: The Employee Assistance Program (EAP) is a confidential counseling service provided at no cost to MSU staff, faculty, retirees, graduate student employees, and their families. The EAP and MSU Health4U are now offering counseling services by either video conferencing or phone. Learn more about counseling services.
  • Food and Nutrition Appointment with MSU Health4U: MSU Health4U is now exclusively offering telehealth video conferencing appointments for their food and nutrition services. Learn more about scheduling a food and nutrition appointment.
  • Tips for Taking Care of Yourself in Times of Uncertainty: the WorkLife Office understands the uncertainty surrounding the coronavirus is likely causing stress about the unknown and how best to move forward. Consider these WorkLife Office self-care tips.

Child and Elder Care Resources

Remote Work Resources

  • MSU Guide to Remote Access: visit remote.msu.edu/working website for the most up-to-date information and resources related to remote work options. Find more details about collaboration tools, connecting remotely, FAQs and more.
  • Work-Related Frequently Asked Questions: these FAQs on the HR website will continue to be supplemented and modified as the situation develops.
  • WorkLife Office Tips for Remote Work: the WorkLife Office is working hard to support you during this time by developing a variety of remote-work resources, including blog posts, webinars, and feedback surveys to assist employees. Learn more on the WorkLife Office website.

Professional Development Resources

  • Use elevateU for professional development: while in-person classes through Organization and Professional Development are currently unavailable, elevateU offers free online resources to MSU employees to help you continue your professional development. Find books, videos, courses and more that cover a variety of topics including leadership, change management, communication skills, project management and more. Learn more about elevateU and how to access it.

Find the most up-to-date information about MSU’s response to the coronavirus at msu.edu/coronavirus. Additionally, MSU employees should check the remote.msu.edu/working website for the most up-to-date information and resources for remote work options.

Utilize these discounts for spring break!

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Are you planning a trip for this spring break? Before you head out for vacation, check out some of these deals and discounts! As an MSU benefits-eligible employee, you have access to discounts through MSU Benefits Plus. Save money on hotels, theme parks, shows and more! 

To access all the discounts, visit MSU Benefits Plus and sign-in by clicking on the Log In link in the top right corner of the page. First-time users will need to sign up for an account using your ZPID number (located on your Spartan Card ID badge or you can find the number in EBS). Use a capital “Z” when putting in your ZPID number.

Check out some of the deals you can find through MSU Benefits Plus:

  • Disneyland – A favorite spring break destination for kids and adults alike! Save on multi-day tickets at Disneyland Resort in California. Discounts are automatically applied through this link. 
  • Hotels.com – Are you traveling for vacay and need a place to stay? Save an ADDITIONAL 8% off most bookings at hotels.com with code CORESTREAM8. Find your destination at Hotels.com.
  • SeaWorld – Receive up to 45% off select SeaWorld tickets for fun the whole family can enjoy! Discover the available discounts for SeaWorld here.
  • National Car Rental – Need to get around during your trip? Enjoy up to 20% off your reservation rate when booking through this link. The discount is automatically applied through the link.
  • Expedia – Escape to Latin America and beyond! Expedia offers up to 20% off hotels in favorite destinations. Discounts are automatically applied using this link.

For more information on discounts through MSU Benefits Plus, visit the HR website. If you have any questions about the discounts, please call MSU Benefits Plus at 888-758-7575.

Win a Free Amazon Echo Dot™ with Teladoc!

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Would you like the chance to win a FREE Amazon Echo Dot™? Set up your Teladoc account and you could be entered to win! Teladoc is giving away a limited number of these smart speakers. MSU employees and their dependents who are currently enrolled in an MSU health plan have access to Teladoc – an online medical care service that gives you 24/7 access to a healthcare professional via the web, phone, or mobile app in minutes.

Since Teladoc is already part of your MSU benefits, all you have to do is set up your account/update your medical history by Feb. 21, 2020, for your chance to win a free Amazon Echo Dot™. Note: if you are already registered but didn’t provide your medical history, simply update your history for a chance to win.

Here are three quick and easy ways to update your medical history:

  1. Download the mobile app
  2. Call Teladoc at 1-800-TELADOC (835-2362)
  3. Visit Teladoc.com and clicking “SET UP ACCOUNT”

You can use your Teladoc account throughout the year to:

  • Talk to a doctor by phone or video 24/7.
  • Get a diagnosis of your symptoms, treatment, and a prescription when needed.
  • Avoid the potentially high costs and long wait times of the ER.

To learn more about Teladoc, visit the Teladoc page on our MSU HR website.

Questions? Contact HR Solutions Center at SolutionsCenter@hr.msu.edu or 517-353-4434. Find more information about MSU-related benefits and resources on our website hr.msu.edu.

Winter Is Here, but Have No Fear! Home and Auto Tips for the Wintertime.

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Colder temperatures and snowfall are among us. Have you taken steps to ensure your comfort and safety this winter season? With just a few suggested adjustments, including home and auto insurance coverage through Liberty Mutual and MetLife, you’ll be prepared to handle any weather that comes your way.

Winter Driving Tips:

Have you ever been in a slippery situation? Wintertime driving can leave us feeling like we’re on thin ice—literally! Poor driving conditions account for almost half a million car accidents during the winter months (Federal Highway Administration, 2018). Adjusting your driving in the event of inclement weather can not only save you money, but more importantly your life. Here are five winter driving tips to help keep your money and yourself safe this snowy season:

  1. Make sure your vehicle is insured. MSU offers eligible employees auto insurance plans through Liberty Mutual and MetLife. Enjoy the convenience of having your auto insurance payroll deducted.
  2. Accelerate and decelerate slowly. This can help to prevent your vehicle from losing traction and you losing control of your vehicle in potentially slippery conditions.
  3. Maintain a following distance. During winter months, increase your following distance about eight to 10 seconds, as driving further back allows for additional stopping time. 
  4. Invest in winter tires. Different from your standard tires, winter tires are designed for increased traction on ice and snow. The average cost is about $120; however, that is a small fraction of what you would spend in the event of an accident.
  5. Leave early and drive slowly. One of the key factors of driving safe during the winter season is simply just to slow your driving down entirely. Plan to leave your home much earlier for work and other events to ensure ample time for a safe drive.

Winter Cost Saving Energy Tips for the Home:

It’s no secret that a much colder season is upon us and it can have chilling effects on our wallets. With winter in full swing, we tend to adapt our everyday lives to ensure optimum comfortability. However, a change in the weather does not have to mean a change in the cost of maintaining your home. Here are five winter cost saving energy tips for the home:

  1. Take advantage of homeowner’s insurance. MSU offers eligible employees home insurance plans through Liberty Mutual and MetLife. Enjoy the convenience of having your home insurance payroll deducted.
  2. Utilize the sun. There isn’t nearly as much daylight during the winter season; however, warmth from sunlight can drastically change the temperature of your home. Open the curtains on the south-facing windows of your home to let in some natural light and warmth.
  3. Find and seal any drafts. Common areas such as the cracks around doors and windows let cool air in, making it harder to keep your home warm. Sealing drafts in could lower annual energy costs up to 30% (U.S. Dept. of Energy, 2019).
  4. Use ceiling fans to circulate air. Place your ceiling fan on its lowest setting to circulate the warm air that rises, leaving your home feeling much warmer.
  5. Make sure all vents are open and uncovered. Do a quick check of every room to ensure there aren’t any items blocking your vents. This allows for maximum heat flow, preventing increased costs to heat your home.

For more information on home and auto insurance through Liberty Mutual or MetLife, visit MSU Benefits Plus. You can get a free quote by contacting Liberty Mutual at 888-860-0316 or MetLife at 877-619-5604.

Retirement Planning: 2020 IRS Retirement Plan Contribution Limits

Published on by Megan MacGregor2 Comments

Could you be saving more for your retirement? Whether you’ve just started working at MSU or have been here for 30+ years, it is important that you continue to monitor and adjust how much you’re saving if you want to have a comfortable retirement.

The IRS places limits on how much employees can contribute to a retirement plan each year. The IRS recently announced the retirement plan limits for 2020:

  • The annual employee contribution amount increased to $19,500 from $19,000 for 403(b) and 457(b) plans.
  • The age 50 catch-up contribution amount increased to $6,500 from $6,000 for 403(b) and 457(b) plans.

If you want to save as much as you can for your retirement, there is a tool in the EBS Portal called the Max Savings Contributions Calculator available to assist you. This tool automatically displays the remaining amount of retirement contributions you have available before reaching one of the limits, and the equivalent percentage of your pay to help you spread that out for the year.

To access this tool:

1. Login to the EBS Portal with your MSU NetID and password.

2. Click the My Benefits tab at the top.

3. Click the Benefit/Retirement tile.

4. Select Enroll/Change my Retirement/Health Savings Account Options in the drop-down menu and then click Next in the bottom right.

5. Navigate in the bar graph to the Savings Plans screen by clicking Next in the bottom right.

6. The Max Savings Contributions Calculator screen will display. This display will automatically show the remaining amount of retirement contributions you have available (if any) before reaching the IRS limit.

7. You can adjust the percentage of your contributions to any retirement plans you participate in by clicking on the pencil icon, and then choose Select to make the change.

8. If you want to enroll in a new plan, begin by clicking on the paper icon next to the plan and vendor of your choosing, and then enter the percentage of your new contribution and choose Select to enroll.

9. Make sure to click on Save in the bottom right to complete and save any changes/enrollments.

If you are an academic year faculty or academic staff employee, or a Voluntary 403(b) Base participant age 50 and over, contact the HR Solutions Center at 517-353-4434 or SolutionsCenter@hr.msu.edu for further assistance in calculating your maximum contribution percentage.

Learn More About MSU’s Retirement Plans 

The HR website contains a wealth of information about the different types of retirement plans offered, retirement investment vendors, and planning tools available.

Consider Enrolling in Critical Illness Insurance During National Critical Illness Awareness Month

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Have you or a family member ever faced a health emergency and wished you were better prepared? Critical illness insurance can alleviate some of the financial burden by giving you a lump-sum of money to help cover unexpected or additional costs in the event of a health emergency. During the Open Enrollment period (October 1-31), benefits-eligible faculty, academic staff and support staff have the option to enroll in critical illness insurance through MetLife.

Outside of the Open Enrollment period, benefits-eligible new hires or newly-eligible employees have 30 days to enroll from their date of hire or date of eligibility.

What is Critical Illness Insurance?

Critical illness insurance works to complement your medical coverage. This type of insurance helps safeguard your finances by providing you with a lump-sum payment when you or an eligible dependent (such as your spouse or child) need it most. In the event your family experiences a health emergency, such as a heart attack, cancer or stroke, your critical illness insurance can help you pay for unexpected medical costs or anything else you may need. The extra cash can help you focus on getting back on track— without worrying about finding the money to cover some of your expenses (MetLife, 2019).  

Watch the video below to learn more about Critical Illness Insurance through MetLife:

What Illnesses Does It Cover?

The following medical conditions are covered under critical illness insurance:

  • Stroke
  • Heart Attack
  • Full Benefit Cancer
  • Partial Benefit Cancer
  • Kidney Failure
  • Major Organ Transplant
  • Coronary Artery Bypass Graft
  • And many more! Find a complete list on the plan summary sheet on the HR website.

Benefits-eligible faculty, academic staff and support staff have now through October 31 to enroll in this optional benefit through MetLife. Find more information and enroll through MSU Benefits Plus.

Note: Individuals enrolled in Critical Illness for the 2022 plan year will continue to be enrolled in the 2023 plan year without any action.

Questions? Learn more about critical illness insurance and other voluntary benefits on the HR website. For questions about enrollment, contact MSU Benefits Plus Customer Care at 888-758-7575. Contact the HR Solutions Center with any additional questions at SolutionsCenter@hr.msu.edu or 517-353-4434.

MetLife (2019). MetLife Critical Illness Insurance provides you cash when you need it most. New York City, NY.

Ready to Use Your Educational Assistance Benefit? Make Sure Your Application is Approved First.

Published on by Megan MacGregorLeave a comment

Have you come across an interesting course or conference that you know would help you grow in your career but aren’t sure how to pay for the registration fees? Remember, if you’re an MSU support staff employee, you have access to Educational Assistance. This benefit offers financial assistance (up to $800) to receive reimbursement for registration fees for credit or non-credit courses that are job-related and from an approved institution/program. Non-credit courses include opportunities such as conferences, workshops, seminars, or trainings. Find more details about your Educational Assistance benefit here.

In order to use the benefit, you must submit an application and be approved prior to the course start date. To make sure you or your department gets reimbursed for the registration fees, you should apply and be approved for educational assistance before you pay any registration fees up front.

Process to Apply for Educational Assistance

  1. Find and Discuss the Course with Your Supervisor: If you find a non-credit or credit course that you’re interested in taking, talk to your supervisor about how it will help you grow in your career. Consider tying the course to one of your Performance Excellence goals.
  2. Submit an Educational Assistance Application Early: If your supervisor agrees that you should take the course, submit an Educational Assistance application via the EBS Portal. Login to the portal, click on My Career and Training, click the Educational Assistance System tile, then select the correct application type from the Apply tab in the top navigation. Please note the following:
    • Credit Courses: submit an application 60 days prior to the first day of the course for MSU credit courses or 30 days prior to the first day for all other credit courses.
    • Non-Credit Courses (training, conferences, etc.): submit an application 30 days prior to the first day of the course.
  3. Supervisor Reviews Application: Your application will be sent to your supervisor for approval. You will receive a confirmation email after they approve your application. The application is then sent to MSU Human Resources (HR).
  4. MSU HR Reviews Application: Your application will be reviewed for final approval. You will be notified within 15 days (after receipt of application to MSU HR) if the request has been approved or denied. 

How to Receive Reimbursement

After your application is approved, you’re all set to attend your course! After you finish your course, you’ll need to submit documents to receive reimbursement. You can find more details about Educational Assistance reimbursement for a credit course or non-credit course on the HR website.

Please note: you do not need to submit an Educational Assistance application for courses offered by HR Organization and Professional Development.

Questions? Find more Educational Assistance information on the HR website. Contact the Solutions Center at SolutionsCenter@hr.msu.edu or 517-353-4434 with any further questions.

graphic representing medical care

Thinking about your 2023 benefits options? Consider the Consumer Driven Health Plan with Health Savings Account.

Published on by Megan MacGregorLeave a comment

This article was updated in 2022 with information for the 2023 plan year.

As you think about the best benefits options for you and your family for the 2023 plan year, we encourage eligible employees to look at the Consumer Driven Health Plan (CDHP) with Health Savings Account (HSA) option. If you do not anticipate having a lot of health care needs for the 2023 plan year and are looking for a sound strategy to save for your retirement health care, this plan may be the most cost-effective option for you.

This health plan is currently only available to faculty, academic staff, executive management, POAM, and non-union support staff with an employment percentage equal to or greater than 50% and an appointment for nine months or more. You may also enroll your benefits-eligible dependents.

About the Consumer Driven Health Plan

While you pay a deductible ($2,000/single and $4,000/ family) first before the plan pays medical and prescription benefits, preventive care and certain generic medications for chronic conditions (asthma, cholesterol, diabetes, and anti-hypertensives) are 100% covered with no deductible or co-pays when using an in-network provider. Review the Health Plan Coverage Summary in the applicable Open Enrollment guide to anticipate your annual costs under this plan – you may find that most of your annual medical costs are 100% covered:

This plan limits the maximum amount you pay for any covered services in a year to $3,000/single and $6,000/ family using in-network providers. After expenses reach this amount, you do not have to pay for any other health care costs for covered services, including prescription drugs.

About the Health Savings Account

Along with the CDHP, you should enroll for the HSA— not to be confused with the Health Care Flexible Spending Account (HCFSA)—during Open Enrollment in October. MSU contributes up to $750 to the HSA each year (prorated by employment percentage) and you may add funds to the HSA tax-free. You can use these HSA funds to pay for any eligible medical expenses or doctor visits you do incur.

Note: If you do not enroll in the HSA during Open Enrollment, you will lose MSU’s contribution.

These contributions are triple tax-free! You make contributions pre-tax, your account balance earns interest tax-free, and your distributions are tax-free if they are used for eligible medical expenses. Do you have an existing HSA from a previous employer? You can add those funds into your new HSA. The money in the HSA is yours to take with you – even if you leave MSU for a different employer or retire. In fact, investing in your HSA now to use in your retirement is a sound strategy to fund your medical expenses in retirement.

How much should you contribute to an HSA?

It can be difficult to plan for health-related expenses, especially when taking unforeseen expenses into consideration. With HSA’s, however, figuring out how much to contribute is rather simple — as much as you can within IRS contribution limits.

The current 2022 IRS contribution limits are:

  • $3,650 for single
  • $7,300 for family

The 2023 plan year IRS contribution limits are:

  • $3,850 for single
  • $7,750 for family
  • And those 55 or older can contribute even more

Remember, any funds you don’t use immediately earn interest tax-free and can be used by you and your dependents for medical expenses incurred in retirement.

It might make you feel uneasy to contribute as much as you can, but when you consider the tax savings and retirement benefits, it feels more realistic.

Questions? Learn more about the CDHP with HSA plan on the HR website. Also, consider participating in the MSU Benefits Fair or an HR Site Lab in during Open Enrollment in October to ask us questions about this health care plan. Please note: the HR building is not available for drop-ins.

The Solutions Center is available to answer questions via phone or email. In-person assistance is available by appointment only. Email:SolutionsCenter@hr.msu.edu
Phone: 517-353-4434
Toll Free: 800-353-4434