Professional & Scientific (P&S)
|Pre / Post Doctoral Associates|
|Medical Insurance||ISU Plan||ISU Plan|
|Prescription Drug Plan||ISU Plan||ISU Plan|
|Dental Insurance||ISU Plan||ISU Plan|
|Flexible Spending Accounts||FSA & DCAP||FSA & DCAP|
|Life Insurance||ISU Plan||N/A|
|Long Term Disability||LTD||N/A|
|Future Changes/Open Change Period||ISU Plan||ISU Plan|
Medical Plan options include ISU PPO Plan (Wellmark BluePPO) and the ISU HMO Plan (Wellmark BlueHMO) administered by Wellmark BCBS. The Medical Plan includes a pharmacy program, Express Scripts that is administered separately from the medical plan but does not have a separate premium. Dental insurance is administered by Delta Dental of Iowa with basic or comprehensive plan options.
The health care flexible spending account (FSA) & dependent care assistance program (DCAP) help you save money on medical and dependent child care expenses. Use these accounts to leverage your household’s savings. By contributing a portion of your pay into an FSA or DCAP on a pre-tax basis, you may save from 25% to 40% on the cost of eligible expenses you are already incurring. These plans are administered through ASIFlex.
Long term disability insurance provides a monthly benefit if you become unable to perform your ISU job due to a disabling illness or injury. Employees are automatically enrolled in the coverage after one year of employment. During the first year of employment, employees have the option to apply for the long-term disability option. If approved for the coverage, they are responsible for the premium on a post-tax basis during their first year of employment. Premium is based on annual budgeted salary.
Group Term Life Insurance is administered by Principal Financial Group with an optional enrollment in Voluntary Term Life Insurance and Dependent Term Life Insurance.
Qualifying Life Events, Open Change Period Information, and COBRA.