health insurance

Health insurance plans changing at Purdue

Jul 15, 2013

Purdue is moving forward with new health plans for next year. The Audit and Insurance Committee of the board of trustees gave the proposal initial approval, which is designed to save money, but offer the same level of care.

The new plans are a traditional PPO and two high-deductible plans with a health savings account.

Benefits Manager Eva Nodine says the biggest change is the elimination of the Co-Pay option. She says those on that plan now will be able to save money by moving to one of the high-deductible plans.

Senator Joe Donnelly (D-IN) is drumming up support of a bill he says will help part-time workers and their employers.

He worked with Senator Susan Collins (R-ME) on a bill that defines a full-time employee as one who works 40 hours.

Donnelly says the Affordable Care Act uses 30 hours, and that has caused businesses to cut part-time workers’ hours.

Purdue employees to pay more for health care

Oct 11, 2012

Purdue’s medical plan budget for this year is expected to be $163 million and the university is forecasting a 7% increase for next year. As a result, employees will see insurance premiums go up as well.

Employees in the Copay plan will see premiums increase 30%, the Incentive plan’s premiums will rise 25%, and there will be a 15% increase in the Choice plan’s premiums.

Smokers will have to pay a $500 surcharge next year, unless they take part in a certified cessation program. This year’s fee for tobacco users is $250.

More money allocated for county employee raises

Sep 21, 2012

Tippecanoe County employees are getting more of a raise than first expected.

The county is setting aside $1.1-million to pay employees more.

Originally the plan was for $750,000, but the county agreed to $350,000 more by reducing health insurance expenses.

Auditor Jennifer Weston says there are enough reserves in that fund, because of over budgeting in past years, to prevent any increase in premiums.

The general fund budget for 2013 is expected to be about $38.5-million.

That is an increase of .61-percent from last year.

Purdue employees who smoke and are covered under a university health insurance plan will pay a higher premium next year.

Currently, tobacco users pay an additional $250 for health care.

In 2013, that amount will double to $500.

The premium can be waived if a tobacco cessation program is completed and approved by November 16th.

University officials say all employees will pay more for health insurance in 2013, although the increase will vary depending on the plan.

The Board of Trustees will set the medical plan rates at its October 12th meeting.

As Hoosier parents and children prepare for a new school year, the Covering Kids and Families of Indiana program is kicking off its back to school campaign.  The initiative aims to encourage families to seek health coverage for their children.

Two health and wellness centers are now open for Tippecanoe School Corporation employees and their dependents.  The facilities started operating December 1st.

Assistant Superintendent Susan DeLong says she is pleased with the response and says staff is taking advantage of the services.  Those include routine check-ups and lab work.

She says the goal is for employees to use the clinics more frequently than they currently are.  That should prevent long term problems, which will ultimately save the corporation on insurance costs.

A pharmaceutical development company is adding to its Purdue Research Park facility.

BASi is building an 1,800 square foot health and wellness center on site to help employees stay healthy and cut costs.  Dependents of staff members also will have access to services there.

Construction on the $200,000 project started Monday (Nov. 21) and Senior Vice President of Human Resources Lina Reeves-Kerner says it should open in January.  She says the facility with three exam rooms, a lab, and pharmacy will save BASi about $250,000 annually.

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