2011-2012 Benefits Presentation

1. 2011-2012 Benefits Presentation

2. 2011-2012 Benefits Presentation Life University provides a full range of employee benefits including: Medical Insurance Dental Insurance Vision Coverage Flexible Spending Accounts (FSA) Group Term Life/AD&D Insurance Voluntary Term Life Insurance Long Term Disability Insurance Voluntary Short Term Disability Insurance Employee Assistance Plan Long Term Care Supplemental AFLAC Coverage Pre-Paid Legal Coverage Coverage becomes effective on the first of the month after you have been employed by Life University for 30 days.

3. Benefits Portal – Web EnrollmentWorkable Solutions Go to https://enrollment.workablesolutions.com/lifeu Username: Your first initial and your last name Example: John Smith would be jsmith Password: The last 5 digits of your SSN If you have questions about the enrollment process, please contact Workable Solutions at 1-866-435-7679 or HR at 770-426-2930.

4. Medical Insurance-Coventry: PPO/HSA Plan 4

5. PPO/HSA Medical Insurance (Continued) 5

6. PPO/HSA Medical Insurance (Continued) 6

7. Medical Insurance-Coventry: HMO Plan

8. HMO Medical Insurance (Continued)

9. HMO Medical Insurance (Continued)

10. Domestic Partners Coverage - Coventry Domestic Partners Coverage is included in the medical plan. Coventry requires that each domestic partner fill out a notarized affidavit. The domestic partner must : • Be at least 18 years of age • Provide support for the other partner • Partners must be residing together for at least 6 months immediately prior to filing the affidavit. • Must not be legally married, covered under another domestic partner arrangement, or able to qualify for coverage as a common law spouse It should be noted that there are tax consequences for Domestic partner health benefits that differ from those of legally married individuals or dependents. If the employee does not qualify as a dependent under IRC code 152, the health care benefit of the non employee domestic partner may be included in the gross income of the employee. If the domestic partner is not a tax dependent, HSA distributions to pay for medical expenses for the domestic partner will be considered non qualified distributions included in income and subject to a 10% penalty-20% after January 1st.

11. PPO Dental Plan – United Concordia

12. DHMO Dental Plan – Assurant

13. Vision Plan - EyeMed Eye Med is the carrier. Retail and Private practice network. Bi weekly costs: Employee $3.22 Employee & Spouse $6.22 Employee & Child(ren) $6.41 Family $9.48 Network benefits are as follows: Exams covered in full every 12 months - $10 co-pay Lenses covered in full every 12 months - $25 co-pay Frames - $100 allowance every 12 months; 20% discount on balance Contacts $115 allowance every 12 months for lenses; 15% off of balance. $10 Co-pay for exam and up to $40 for fittings. Discounts for lens options averaging 30% 20% discount on extra glasses and sunglasses Out of network reimbursements $25 exam, $40-$65 lenses, $50 frames and $92 for contacts

14. Basic Life and AD&D InsuranceVoluntary Life & Dependent Life Insurance Reliance Standard A $50,000 Employee Life and Accidental Death benefit is paid for by the University. Benefit is $100,000 for University Officers. Additional life insurance can be purchased by employees if they provide medical evidence of insurability. Employees can obtain additional life insurance in $10,000 increments up to $300,000 not to exceed 5 times earnings. Spouse coverage in $5,000 increments to $150,000 is available with medical evidence. $10,000 of coverage for children can also be purchased. For newly eligible employees only, the amount of additional life insurance available without evidence of insurability is the lesser of a maximum of 5 times earnings or $200,000. Up to $30,000 is available for spouses without medical evidence. An employee purchasing additional life can purchase $10,000 of spouse coverage and $5,000 of coverage on each child, in addition to, or in lieu of the spouse/child coverage listed above by providing medical evidence of insurability if they do not apply when newly eligible for coverage.

15. Long Term Disability Plan Reliance Standard The University pays the cost for this coverage. Benefit is 60% of your monthly earnings to a maximum benefit of $5,000 per month. Benefits begin after 90 calendar days of disability within a 180 day calendar period. Disability is defined as “own occupation for two years -- then any occupation”. Benefits paid until Social Security Normal Retirement Age or the maximum benefit period. Convertible to your own policy if you leave Life University. Pre-existing conditions treated within 12 months prior to effective date of coverage are not covered until individual is covered for 24 months.

16. Voluntary Short Term DisabilityReliance Standard • Reliance Standard is the carrier for this employee paid coverage. • The plan pays 60% of your weekly salary to a maximum of 13 weeks. Benefits begin on the 15th day of sickness or injury that prohibits you from working due to total disability. • Coverage is provided without medical evidence of insurability when you are first eligible for coverage Thereafter, you must supply medical evidence to enroll. • Pre-existing conditions treated in the 3 month period prior to the coverage effective date require you wait for a 12 month period before benefits are payable for conditions causing your disability. • Pregnancy is treated as an illness under this plan.

17. Flexible Spending Account – MedFlex The plan is administered by Workable Solutions. You deposit the amount you elect in the FSA on a pre-tax basis. Money deposited in the account can be used to reimburse you for deductibles and co-pays in the medical, dental and vision plans. You can also be reimbursed for a list of IRS approved medical related expenses such as over the counter medications (with a physician prescription) and Lasik surgery. If you are also enrolled in the Health Savings Account you can only be reimbursed for dental and vision expenses. You are able to deposit up to $2,500 per year in the medical spending account and $5,000 per year in the dependent spending account.

18. Employee Assistance PlanHealth Management Systems of America The Employee Connect Program is administered by Health Management Systems of America (HMSA). Helps employees and their family members resolve personal problems including family conflict, stress, smoking cessation, drug or alcohol abuse, as well as providing child and elder care consultative services. Employee Connect provides up to three telephonic sessions. Issues of a long term nature addressed through the mental health benefits of the medical plan can be coordinated by the EAP counselor. Also provides information on retirement, insurance and family financial issues.

19. Long Term Care Plan - UNUM UNUM insures this program. Life University pays $25 towards the cost of monthly coverage. The employee pays the remaining cost of coverage. Spouses, Parents, Grandparents, Siblings and Children over 18 are also eligible. Plan covers facility, home care and community care options with a three year, six year and unlimited benefit duration plans available. $2,000 to $8,000 monthly benefits are available in $1,000 increments. Inflation protection options are available. 60 day wait period with inability to perform at least two activities of daily living. Your rate is locked in once the policy is purchased. Convertible to your own policy if you leave Life University.

20. Supplemental Insurance - AFLAC • Coverage is provided by AFLAC. The employee pays for these coverages via payroll deduction. Sign-up through our AFLAC Representative – Arthur Thomas. • Email: tatethomas88@hotmail.com • Phone #: 678-777-6627 local; 1-800-992-3522 toll free • Fax #: 770-777-5928 • Choices include Personal Cancer Indemnity, Personal Accident Indemnity, Hospital Protection Indemnity, Specified Event Protection Coverage, Personal Sickness Indemnity Coverage and Personal Disability Income Protection. • Benefits are paid to you when a covered event takes place. This allows you flexibility in meeting expenses not covered under other insurance coverage you may have.

21. Legal Services – Pre Paid Legal • Legal advice is provided on a group, employee pay all basis by Pre-Paid Legal. Sign up through our Pre-Paid Legal Representative – Nanette Freiman • Office #: 770-393-8290 • Cell #: 404-403-7861 • Email: nsfrieman@bellsouth.net • Website: www.prepaidlegal.com/hub/nfreiman • Included are toll-free telephone consultations, letter drafting, contract and document review, motor vehicle legal benefits, trial defense benefits and IRS audit consulting. • Other legal services are provided at a discounted rate. • Identity theft protection is also available in conjunction with this program

22. This year’s open enrollment period runs from Tuesday, October 18, 2011 to Monday, November 7, 2011 at 11:59 pm. Your enrollment MUST be completed by 11:59 pm on Monday, November 7, 2011 If you do not enroll/re-enroll in benefits or make changes to benefits at this time you will not have another opportunity until October 2012, which will result in a loss of benefits for the year. Open Enrollment 2011 Reminders/Deadlines