BENEFITS AT A GLANCE
Whether you are considering employment with Franciscan University or you are a current
employee, this brochure is intended to provide a summary of the University’s employee benefits.
Most benefits are available to all regular employees, and benefits are pro-rated for part-time
employees who work more than 1000 hours per year.
Franciscan University values its employees and offers a comprehensive benefits package that
represents a significant component of Franciscan employees’ total compensation package. Each
year we review our benefit programs to ensure optimum use of our benefits dollars.
More detailed information, including specific eligibility requirements, is provided in the
Employee Handbook, benefit plan booklets, or by calling the Human Resources Department at
740-283-6398.
HEALTH INSURANCE
Franciscan University offers two options for health coverage through Highmark Blue Cross Blue
Shield: 1) a HDHP (High-Deductible Health Plan) w/ a Health Savings Account (HSA); or 2) a
PPO (Preferred Provider Organization) w/ a Health Reimbursement Arrangement (HRA). Both
plans include a prescription drug benefit for employee and family; and a vision plan for the
employee, with an option to purchase vision for the family for an additional $17 per month.
Employees who elect to participate pay a monthly premium of $134 for single coverage or $305
for family coverage through pre-tax payroll reductions. Premium cost is pro-rated for part-time
employees who work over 1000 hours per year. The University pays the balance of the premium
cost.
Employees who have health coverage through a spouse’s employer or another source may choose
the “Buy Out” of medical insurance and receive a cash benefit of $700 annually for a single
person or $1350 annually for family.
VOLUNTARY DENTAL INSURANCE
Franciscan University offers two employee-paid dental options through United Concordia Dental.
• Low Option: $18.23 single and $60.08 family
• High Option: $39.52 single and $101.86 family
HSA and HRA ACCOUNTS
For full time employees enrolled in Franciscan University’s health insurance, the University
contributes money to either an HSA or HRA Account (depending upon which plan is elected by
the employee). The annual contribution by the University is $550 annually for a single employee,
and $1,100 annually for an employee enrolled in family coverage. This money may be used by
the employee to cover qualified medical expenses. An employee who chooses the HDHP w/ HSA
may also make contributions to the HSA account.