Employee Benefits Effection July 1, 2022 to June 30, 2023

WELCOME

Helping you and your family reach and maintain good health is very important to Mother's Milk Bank at Austin. We are pleased to offer a selection of benefits designed with your health and financial wellbeing in mind. We review our benefit programs each year to ensure we consider the best combination of benefit coverage, network access and affordability for employees.


Eligibility

Regular employees working at least 30 hours per week are eligible to participate in benefits. When you enroll in the benefits program, you may also cover your eligible dependents.


ENROLLMENT

How to Enroll in Benefits

The Benefit choices you make during your initial enrollment or annual open enrollment remain in effect for the entire year.

 

You can, however, modify your elections under certain circumstances, called "Qualifying Events". These are events such as marriage, divorce, birth or adoption of a child, loss of eligibility under another plan. If you experience a qualifying event, you may make changes to your benefits within 30 days of the event or 60 days if the event is due to birth or adoption of a child.

 

EMPLOYEE ELIGIBILITY

You are eligible to participate if you are full-time and work a minimum of 30 hours per week. New employee's are eligible for benefits the first day of the month following the date of hire.

 

ENROLLMENT THROUGH EASE

Enroll through Ease (see link below) by 06/23/22.

HSA

HSA (Health Savings Account) – Managed by HSA Bank

With the election of the High Deductible Health Plan (HDHP) you can set up and contribute to an HSA. Through enrollment in the HSA you can contribute and accumulate money in your account to pay eligible medical, dental and vision expenses or to cover the expense of meeting the deductible on an annual basis.

 

Tax Savings. An HSA provides triple tax savings: (1) tax deductions when you contribute to your account; (2) tax-free investment earnings; and, (3) tax-free withdrawals for qualified medical expenses. Keep in mind that some expenses require a prescription or letter of medical necessity from your provider in order to be considered eligible.

 

Funding Your Account. The payroll-deducted funds you contribute to the HSA account are not taxed.

 

Additionally, if you elect the $6,900 HMO HSA, Mother’s Milk Bank at Austin contributes toward your Health Savings Account (HSA):

EE Only – $600/ year

All Dependent Tiers (EE+SP, EE+CH, EE+FAM) – $1,200/ year

 

2022 Contribution Limit: The maximum contribution into an HSA for 2022 is $3,650 for individual coverage and $7,300 for family coverage. If you are age 55 or older, you can make a catch-up contribution of an additional $1,000 in 2022.

NEW BENEFITS

Mothers’ Milk Bank at Austin is providing all employees and their dependents access to additional benefits from NewBenefits. Save money on healthcare and everyday expenses for yourselves and dependents. Avoid unnecessary ER and Urgent Care visits. Improve wellness and live a healthier lifestyle.


***All benefits are accessed directly through My Benefits / My Benefits Work.***


Teladoc $0 Visit Fee

Prior to using this service, members register online or via phone. Each member must provide Medical History online or by phone, similar to paperwork completed at the doctors' office; it takes 10 minutes to complete.

Once complete, members may go online or call to schedule a visit (a physician will call the member back within three hours, in most cases less than an hour). Repeat steps for each participating family member.


Teladoc Behavioral Health ($0 Visit Fee)

Prior to using this service, members register online or via phone. Members request a session by answering 5 questions to help Teladoc direct them to the right clinical professional. Members select a provider from the list of licensed therapists in their state.

Appointments are confirmed via email, text, or mobile app.


Counseling

Professional Counselors provide members with free telephone counseling 24 hours a day, 7 days a week. Once the problem is assessed over the phone, counselors continue to provide phone support until the member is satisfied. Community resources include local bar association for legal assistance and consumer credit services for financial difficulties. Members are referred to a crisis hotline or their local 911 service for extreme situations.


New Benefits Rx

Members call or log on through the mobile app or web portal to find a participating pharmacy, compare prescription prices by location, and access their pharmacy card.

At the pharmacy, members show their card to the pharmacist to receive the discounted price.

Members can also search for and compare prescription prices at https://rxprice.newbenefits.com


WorkLife Services

To use this service, members call the number in their membership materials to reach a counselor with outstanding educational credentials and professional experience. Members also visit the My Life Values online and enter the username and password in their membership booklet.


Financial Wellness

Members can access the service by phone, or online Monday through Friday, 7:00 a.m. to 8:00 p.m. Central Time. The member will be connected with a financial counselor who will provide objective guidance on the member's particular situation

DENTAL

Principal Dental

Principal's dental plan provides comprehensive coverage to help you and your family maintain good dental health. Providers are part of the Principal network, or you may see an out-of-network dentist of your choice. Be aware if you go out-of-network, your costs could be higher.


To find out if your provider is in-network, please visit the Principal website below.


Dental Plan Summary

Dental Plan Summary

VISION

Vision Plan Summary

Vision Plan Summary

Principal Vision


DID YOU KNOW?

Eye exams can help detect serious eye and general health conditions sooner: high blood pressure, diabetes, heart disease, high cholesterol

Babies should receive their first professional eye exam at 6 months

80% of learning in the first 12 years comes through the eyes

 

Mother's Milk Bank at Texas offers vision coverage through Principal using the VSP Network to help pay for eye exams, prescription glasses and contact lenses. You receive a higher level of benefits when you see a provider in the VSP Network. Review your coverage details in your Benefit Guide.

 

To find out if your provider is in-network, please visit the VSP website below.


LIFE/AD&D

Mother's Milk Bank provides full-time, eligible employees with basic term life and accidental death and dismember (AD&D) coverage at no cost to you.


The life benefit is payable to your designated beneficiary in the event of your death is $50k. AD&D benefits are payable to you in the event of a dismemberment or an additional benefit is payable to your beneficiary if your death is the result of an accident.


Who is Your Beneficiary? Naming a beneficiary is a crucial part of electing life insurance. Also, don't forget to update your primary or secondary beneficiary if you experience a life event, such as a divorce or birth of a child.

PLAN RESOURCES