UTSA Enhances Premium Sharing For Some Faculty And Staff With Dependent
Medical Insurance Coverage
To partially offset unusually high increases in medical insurance costs for
UTSA employees, this year the University allocated a $50 monthly salary supplement
for employees who had an annual salary rate of $40,000 or less and who purchased
medical insurance coverage for their dependents beginning Sept. 1, 2000.
"The cost of medical insurance rose so much for some employees this year
that UTSA made a decision to provide funds to some faculty and staff members
who were hardest hit by the increases," said David Larson, vice president
for business affairs.
UTSA President Ricardo Romo asked Larson and his staff to develop a plan to
help faculty and staff who were hardest hit by increases in the cost of medical
insurance this year. "Although the University may not be able to do this
each time insurance costs escalate in the future, I felt it was crucial to
do so this year because of the size of increase," Romo said.
According to Larson, 582 employees were eligible to receive assistance during
the 2000-2001 fiscal year. These were faculty and staff members who purchased
medical insurance coverage for additional dependents, not employees who selected
"employee only" medical coverage.As part of the budget preparation
for 2001-02, UTSA reviewed this program and will make the following changes
effective Sept. 1, 2001.
The current salary supplement will be changed to a premium-sharing supplement. The salary eligibility cutoff will be increased from $40,000 or less to $50,000 or less. The amount of this supplement will be increased from $50 per month to $75 per month for employees who purchased medical insurance dependent coverage for themselves and their spouse or themselves and their children.
The amount of the supplement will be increased from $50 per month to $125
per month for employees who purchase medical insurance coverage for themselves
and their family. "While insurance costs continue to rise, UTSA would
not have enhanced the existing supplement if our employees were not facing
a unique and significant increase in cost because HMO coverage from Prudential
is no longer available," said Mr. Larson.
Faculty and staff eligible for the enhanced benefit are estimated at 685 for
the 2001-2002 fiscal year. The 1,028 UTSA employees who choose "employee
only" medical insurance will continue to receive coverage without paying
monthly premiums.
UTSA employees have the option of three medical plans from which to choose.
All employees will have the opportunity to change health care coverages during
the annual open enrollment period July 1-31.
Benefits-eligible employees are now receiving their annual enrollment packets
via campus mail. Detailed information for the UT Select plan and the HMOs,
along with premium rates, is included in the annual enrollment packet. PIN
numbers are being mailed separately to employees' and retirees' home address
at the end of this month.
For benefits, call 458-4250 or visit human
resources benefits section.
© The University of Texas at San Antonio, 2001
