Benefits and Insurance at CCU
You must be eligible for state group insurance benefits to participate in MoneyPlu$. However, you are not required to be enrolled in an insurance program in order to participate in MoneyPlu$. MoneyPlu$ is a flexible benefits program made available through Sections 105, 125, and 129 of the Internal Revenue Service (IRS) code. MoneyPlu$ can help you keep more spendable income by enabling you to pay health, dental and optional life premiums before taxes are taken out of your paycheck. This means you do not have to pay taxes on the dollars you use to pay these premiums. If you do not want to participate, you will be given the opportunity to refuse during your online enrollment.
The three MoneyPlu$ features are:
You choose what features you want to participate in and what level of participation you want. Each benefit has its own small administrative charge.
With the MoneyPlu$ Pretax Group Insurance Premium Feature, you can pay your State Health Plan, State Dental Plan, Dental Plus, and Optional Life (for coverage up to $50,000) premiums before taxes are taken out of your paycheck.
The MoneyPlu$ Dependent Care Spending Account allows you to pay for dependent-care expenses with your pretax income. You may set aside up to $5,000 annually to pay your dependent-care expenses. Eligible expenses include daycare, whether in the home or outside the home for any dependent children under the age of 13. Day-care expenses for a physically or mentally handicapped dependent of any age or for a disabled or elderly dependent are also eligible. Use of this benefit is limited to those employees who need dependent care to permit both the employee and the employee's spouse to work. You can enroll in the Dependent Care Spending Account within 31 days of the date you are hired, or within 31 days of a qualifying event by completing a MoneyPlu$ enrollment form. If you do not enroll within 31 days, you may enroll during the next open enrollment. You must re-enroll during the announced enrollment period each year to continue your account from year to year. Changes will be effective the following Jan. 1.
The MoneyPlu$ Medical Spending Account allows you to set aside money from your paycheck, before you pay taxes, to pay your and your family's unreimbursed medical and dental bills. Expenses eligible for reimbursement include your deductible, coinsurance, and copayments. In addition to these expenses, MoneyPlu$ is an excellent way to help pay for:
- Vision care
- Annual physical exams
- Out-of-pocket dental fees (including orthodontia)
- Any other out-of-pocket medical expenses deductible under current tax laws
NOTE: Insurance premiums, over-the-counter medication, cosmetic surgery, and other similar expenses are not considered medical expenses for reimbursement from the Medical Spending Account.
You must re-enroll during the open enrollment period each year to continue your account from year to year. Changes made will be effective the following January 1.
You can also enroll or make changes to this account within 31 days of a change in family status.
You decide how much you and your family want to set aside, up to the amounts allowed by the IRS, in your Medical Spending Account. Consider only those expenses you and your family can expect to incur during the year (Jan. 1 through Dec. 31).
If you have a question about the MoneyPlu$ Medical Spending Account or MoneyPlu$ Dependent Care Spending Account, call the ASI Flex hotline at 1-800-659-3035 or visit asiflex.com
Life Services EAP
The Employee Assistance Program (EAP) is a CCU-sponsored benefit for employees, their legal dependents, and members of the employee's household. Life Services EAP provides confidential counseling for all types of situations. These include, but are not limited to:
- Relationship issues
- Financial concerns
- Alcohol and drug addiction
- Legal issues
- Emotional problems
- Grief and stress
There are two methods for contacting Life Services EAP. Employees can create an online account (instructions below), or you may call toll-free, 24/7: 800-822-4847. Schedule face-to-face, phone, video, text, or chat assistance with professionals that’s private, confidential and at no cost to you, your legal dependents, or your household members.
Each employee must establish an individual account. To create an account, please go to Life Services EAP. Click on the "Member Portal and App" at the top right. On the next page, select "Sign Up." You will then enter CCU's company code of LS0238 on the following page. Information about the member portal and app may be found here: Life Services Member Portal and App.
You Live Well
Youlivewell.coastal.edu is a wellness portal designed to help with the core aspects of living in today's fast-paced world. It contains information and resources for your professional and personal success. It also has links to resources right here on campus. To help you get started, please follow the instructions below:
- Go to youlivewell.coastal.edu
- Log in with your CCU username and password
- Explore the website