Employee Benefits
HEALTH SAVINGS ACCOUNTS
Know your benefits
Learn more about the pros and cons of health savings accounts |
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AFFORDABLE HEALTHCARE INSURANCE INFORMATION
Staff,
Enclosed in this e-mail is a link notifying you of Healthcare Exchange information and contacts for further information. Although there is an October 1 deadline to notify our staff, open enrollment for exchanges runs through March 1. As of this date, there is no indication that any changes will be made to the Affordable Healthcare Act before October 1 st delaying its implementation or eliminating the funding for the exchange rollout. As we get any further information or guidance, we will pass that along to you. This information will also be posted on our website under the "Insurance" section.
Enclosed in this e-mail is a link notifying you of Healthcare Exchange information and contacts for further information. Although there is an October 1 deadline to notify our staff, open enrollment for exchanges runs through March 1. As of this date, there is no indication that any changes will be made to the Affordable Healthcare Act before October 1 st delaying its implementation or eliminating the funding for the exchange rollout. As we get any further information or guidance, we will pass that along to you. This information will also be posted on our website under the "Insurance" section.
- We are providing this Notice only because federal law requires us to provide it to you .
- We CANNOT provide you further information about its contents.
- We CANNOT provide you with assistance in evaluating your options for exchange coverage or the potential penalties under the law, but the government agencies will have some educational materials and sources for additional information.
SUPPLEMENTAL INSURANCE -
AmeriFlex |
LIFE INSURANCE - OPTIONAL |
Mountain Home School District offers employees the opportunity to participate in valuable supplemental coverage through American Fidelity. These plans pay cash directly to you to help with the loss of income and out of pocket expenses should you or a loved on suffer a serious illness or accident. Participation is voluntary. You can participate regardless if you or your family is being covered by any medical plans offered to you as an employee. Should you leave or retire these plans may be taken with you at the same premium.
Programs included: cancer, intensive care, life assurance, personal recovery plus. |
An optional group life insurance plan is available to all employees through PERSI and NCPERS, National conference of Public Employee Retirement systems.
Contact the Human Resources Department for Details |
PERSI - Public Employee Retirement System of Idaho
As an employee of a public school in Idaho, who normally works 20 hours or more per week, or a teacher who works half-time or more, you automatically become a member of PERSI. Employee and employer contributions are determined by PERSI. A membership handbook is available from the Human Resources Department. Visit the PERSI website for further information.
Workshops are available on retirement and financial planning. |
CAFETERIA PLAN - OPTIONAL
The Mountain Home School District Cafeteria Plan enables the employee to pay, with pre-tax dollars, monthly employee costs for dependent medical, vision and dental premiums, cancer and income protection insurance.
Once you elect to enroll in the plan and pay your cost of the insurance premiums, you cannot change your election until the next anniversary of the plan -- September of each year. However, you can make a re-election if a change in family status occurs -- marriage, divorce, death of a spouse or child, birth or adoption of a child, termination or commencement of employment of a spouse. The designated cafeteria deductions from wages are exempt from Social Security, Medicare, Federal and state income taxes. However, your Social Security retirement benefit might be somewhat reduced, since you and the District may both be paying less in Social Security on your behalf. You might decide which benefit is more important to you. Our plan has made available to employees the sheltering of income protection deductions. Cafeteria regulations have resulted in payments being taxed if the premium is sheltered. Participation in the plan is entirely voluntary. Contact the Human Resources Department for details and forms |
TAX SHELTERED ANNUITY - OPTIONAL
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Employees of Mountain Home School District may elect to participate in tax sheltered annuity plans. Check with the Human Resources Department for details and forms.
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