PowerPoint Presentation on Health Insurance

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Transcript PowerPoint Presentation on Health Insurance

The Nuts & Bolts of FSU Student Systems: Waivers, Finances, Taxes, and Subsidy

Brian Barton Assistant Dean for Business Operations 2014-2015 New Graduate Student Orientation Workshop

myFSU Portal

• Gives you single sign-on access to your • Email • Blackboard • Allows you to see your courses • Allows you to see your finances

myFSU Portal

• Two ways to get access the portal • Go to my.fsu.edu

or

myFSU Portal

myFSU Portal

Assistantships &Tuition Waivers

• How do I get one?

• Letter of Offer • Eligible job codes: M9182 (Research Assistant) W9185 (Assistant in Teaching) M9184 (Teaching Assistant) Z9185 (GA in Professional) N9185 (Graduate Assistant)

Tuition Waivers

• What is a tuition waiver?

• What does it cover?

Tuition Waivers

• How can I see my tuition waiver?

• What is a waiver receipt form?

• Where do I view the form?

Tuition Waivers

Tuition Waivers

Waiver Receipt Form

Waiver Receipt Form

Waiver Receipt Form

Health Insurance Policies

• Full-time students must have health insurance • Students must show proof of insurance each year or purchase the FSU-sponsored health insurance plan

Insurance Minimum Requirements

• Provides prescription coverage • Provider network in Tallahassee • Provides mental health coverage • Major medical coverage • Provides coverage for the entire academic year • Provides maternity coverage for female students

University-Sponsored Insurance Plan

• Offered by United Health Care • Purchased through University Health Services • Domestic student plan • International student plan

How to Purchase

• http://www.studentinsurance.fsu.edu

• For more information regarding the insurance contact Student Health and Wellness Center at 644-6230

What Happens After You Purchase

• You are sent your policy documents • The charge appears on your accounts receivable in Student Financial Services

Health Insurance Subsidy

• Made up of 4 components • Purchased FSU-sponsored plan • Assistantship appointment • Full Time Equivalent (FTE) • 9 credit hours

Health Insurance Subsidy Benefit

• What is it?

• How much does it pay?

• When is it given to the student?

• How is it disbursed?

• What do you have to do to get it?

Health Insurance Subsidy Benefit

• Week of 9/1 • Check your campus email account for benefit enrollment • You must make a benefit election

Health Insurance Subsidy Benefit

• If you are eligible and have elected to receive the benefit • The price of the policy moves off your Accounts Receivable • The subsidy benefit is given in 5 paychecks

Health Insurance Subsidy Benefit: Example

• Price of domestic fall only policy = $696 • Fall .5 FTE eligible GA = $433 • Graduate School pays $433 of $696 over 5 paychecks • You pay $263.00 over 5 paychecks

Health Insurance Subsidy

• For more information contact the Graduate School at 644-3501

Taxes

• http://gradschool.fsu.edu/Funding Awards/Income-Tax-Information • Or call Mike Ballow at 644-9464