Voluntary Benefits

Voluntary Benefits

 
 

VOLUNTARY BENEFITS

Vincennes University is proud to offer a wide range of competitive voluntary benefits to all staff. From wellness offerings to membership discounts, Vincennes University provides a number of voluntary benefits to its employees. 

If you have any questions related to Open Enrollment or VU Benefits, please contact Chris Gardner, VU’s Benefits Coordinator, at 812.888.5847 or CGARDNER@VINU.EDU.

FLEXIBLE SPENDING (SECTION 125)

 
Chard Snyder

A Flexible Benefits Plan through Chard Snyder will:

  • Boost your take-home pay
  • Lower your medical costs
  • Cut your income taxes
  • Reduce your day care costs

It works like an expense account. You automatically set aside part of your salary (before taxes) to pay for qualified medical, dental and vision expenses or dependent care. You save money because you don’t pay taxes on the money you set aside. And you can use it to pay for day care, medical and prescription drug costs that aren’t covered by insurance, as well as over-the-counter medicines and drugs you buy every day. It’s a great perk from your employer and it’ll save you money.
 

Effective January 1, 2020, the IRS maximum elections are currently set to be $2,750 for Medical FSAs and $5,000 for Dependent Care FSAs.

Files:

WELLNESS PROGRAM

 
Vincennes University is committed to the well being of their employees.  Below is a listing of the wellness benefits the college provides.
 

TOBACCO CESSATION PROGRAM

 

One of the greatest strides we can take as an employer towards overall health and wellness is to promote and assist with tobacco product cessation.  More than 40,000 scientific studies have linked smoking and the usage of other types of tobacco products with adverse health effects. Cigarette smoking is the leading cause of preventable death in the United States and produces substantial health-related economic costs to society.

All employees covered under a Vincennes University health care plan must certify annually whether you and/or your spouse (if covered under VU’s plan) use tobacco products or are tobacco-free by completing the online Tobacco Affidavit under the Employee tab of the MyVU web portal. Tobacco includes any form of tobacco products that are smoked (e.g. cigarettes, cigars, pipes), applied to the gums (dipping and chewing tobacco), and/or inhaled as snuff. Tobacco users on the Vincennes University health care plan will pay a $35 biweekly surcharge.

Plan members that currently use tobacco products will be given the opportunity to receive tobacco cessation assistance. The VU group health plan will cover 100 percent of the cost of tobacco cessation prescription drugs. Coverage is limited to a 180-day supply per covered individual per year.  Covered prescription drugs include Chantix, Zyban (bupropion), and Nicotrol.

If you are not tobacco free, we hope you will take advantage of this opportunity to begin living a tobacco free lifestyle, and save on future group medical insurance premiums. To enroll, please contact Chris Gardner in Human Resources.

Files:

TOBACCO USER SURCHARG

CANCER CARE

 
Aflac
The University offers Cancer Care Insurance through Aflac. This benefit provides a lump sum benefit if you are diagnosed with one of the covered illnesses.

Eligibility

Full-Time employees can obtain coverage for yourself, spouse and children.  This election can only be added or removed during an open enrollment period.

Cost

If you elect Cancer Care coverage the premiums will be paid through a payroll deduction.  The employee is responsible for 100% off the premiums for this benefit.
 

Forms
 
 
 
 
 

DENTAL (HRI)

 
Dental
The University offers Dental Insurance through HRI. 

Eligibility

Full-Time employees can obtain coverage for yourself, spouse and children.  This election can only be added or removed during an open enrollment period.

Cost

If you elect Dental coverage the premiums will be paid through a payroll deduction.  The employee is responsible for 100% off the premiums for this benefit.
 
Files:
 
 
 
 

 

 

VISION

 
VSP
The University offers Vision Insurance through VSP. 

Eligibility

Full-Time employees can obtain coverage for yourself, spouse and children.  This election can only be added or removed during an open enrollment period.

Cost

If you elect Vision coverage the premiums will be paid through a payroll deduction.  The employee is responsible for 100% off the premiums for this benefit.
 
Files:
 
 
 
 
 

WHOLE LIFE

 
Boston Mutual
 
The University offers Whole Life Insurance through Boston Mutual. 

Eligibility

Full-Time employees can obtain coverage for yourself, spouse and children. This election can only be added or removed during an open enrollment period.

Cost

If you elect Whole Life insurance the premiums will be paid through a payroll deduction.  The employee is responsible for 100% off the premiums for this benefit.
 
Files: