Benefits Package
Arkansas Tech University offers a rich benefits package to enhance your quality of life by protecting you in a variety of circumstances, assisting in your personal and professional growth and helping you maintain balance in your work and family life. The benefits and opportunities available to you include great health insurance coverage, retirement options with generous matching schedules, an array of ancillary products and an extensive tuition waiver program.
- Medical Insurance - Arkansas Blue Cross and Blue Shield
Employee Rates (per month) Coverage
Employee Only: $0 Deductible: $950 Individual/$1,900 Family
Employee & Spouse: $427.64 Co-insurance: 80/20% In-network, 60/40% Out-of-network
Employee & Children: $178.08 Co-pays:
Employee & Family: $614.26 Office Visit $35.00
Pharmacy $15 Generic/$45 Brand/$65 Non-preferred Brand
- Dental Insurance - Arkansas Blue Cross and Blue Shield
Rates (per month) Coverage
Employee Only: $0 Deductible: $50 Individual
Employee & Spouse: $25.10 Co-insurance: 100% Preventive Services
Employee & Children: $21.70 80% Basic Services
Employee & Family: $56.20 50% Major Services
50% Orthodontic Services
- Vision Insurance - Humana
Rates (per month) Coverage
Employee Only: $ 8.88 Co-pays: $10 Exam
Employee & Spouse: $17.70 $15 Materials
Employee & Children: $16.82 Exam: Once every 12 months
Employee & Family: $26.42 Lenses or
Contact Lenses: Once every 12 months
Frames: Once every 24 months
- Retirement Options
TIAA-CREF Defined Contribution Plan 403(b):
6% Employee Contribution/10% Employer Contribution
Arkansas Public Employees Retirement System (APERS) Defined Benefit Plan:
5% Employee Contribution/14.5% Employer Contribution
- Ancillary Products – USAble Life
Group Term Life
Coverage: 2 x annual salary with a maximum of $50,000
Employee Contribution for maximum coverage: $9 per month
Employer Contribution for maximum coverage: $9 per month
Voluntary Group Term Life
Available for employee, spouse and children
Rates based on age and coverage amount
Guaranteed Issue: $150,000 for employee, $30,000 for spouse, $10,000 for children
Accidental Death and Dismemberment
$.30 per $10,000 unit
Guaranteed Issue: $300,000 for employee, $300,000 for spouse, $10,000 for children
Long Term Disability
Benefit: 60% of basic monthly wage up to $7500
Benefits begin on the 91st day
Short Term Disability
Benefit: 60% of basic weekly wage up to $1250
Benefits begin on 8th day
- Ancillary Products – American FidelityFlexible Spending Accounts, Whole Life, Cancer, Accident, Long-term Care, Critical Choice, Hospital Indemnity
- 2016 Benefits Package
- Medical and Dental Insurance Rates
- Summary of Benefits and Coverage-Medical
- Glossary of Health Coverage and Medical Terms
- Overview of Medical Benefits
- Overview of Dental Benefits
- Vision Insurance Rates
- USAble Benefit Summary (Long Term Disability, Short Term Disability,Term Life)
- American Fidelity Benefit Summary (Cancer, Hospital Indemnity, Hospital GAP, Accident, Whole Life Insurance, Flexible Spending Accounts)
- FAST START for Pharmacy Mail Order
- Health Insurance Marketplace Coverage Options and Your Health Coverage
- ATU Creditable Coverage Disclosure Notice
- Benefits Forms