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The Florida College System Risk Management Consortium (FCSRMC) is a self-insured organization consisting of many of the state’s 28 public community colleges. Its major purpose is to provide employees with the best group insurance possible at the lowest possible rates. Rates are established annually and are based on loss experience by the individual college and medical costs within the college district.
Health Benefits
CF’s health insurance plan provides regular full-time employees and their dependents access to medical insurance benefits. Eligible employees may participate in the health insurance plan subject to all terms and conditions of the agreement between CF and the insurance carrier.
A change in employment classification that would result in loss of eligibility to participate in the health insurance plan may qualify an employee for benefits continuation under the Consolidated Omnibus Budget Reconciliation Act, COBRA.
Details of the health insurance plan and information on cost of coverage will be provided in advance of enrollment to eligible employees. Comprehensive information in regard to the health insurance may be found on the Employee Benefits website at https://benefits.cf.edu/. You may also contact the coordinator of benefits and special projects at 352-854-2322, ext. 1290, for more information about health insurance benefits.
Hospitalization and Major Medical Programs, Full-Time Employees
The college provides its full-time employees with health insurance coverage through Florida Blue. Coverage begins on the first day of the month following the date of hire. Employees may choose from several different options based on their individual needs. Eligible dependents may be added within 30 days of the date of hire (or qualifying event). Premiums for dependent coverage are employee-paid through payroll deduction. If employees have health coverage through another source, they may choose a secondary plan (DV Plan) which provides employer-paid, employee-only dental and vision coverage.
Annual benefits open enrollment takes place every Fall. During this time period, employees may elect to make changes to their benefits.
Synoptic descriptions of each plan can be found at https://benefits.cf.edu/, under Health Insurance.
DV Plan, Full-Time Employees
DV (Dental/Vision) plan is a second option available for those regular full-time employees who have adequate health insurance outside the college-sponsored health plans. It includes employee-only coverage for dental and vision.
Group Term Life Insurance and Voluntary Life Insurance Plans
Coverage of $20,000 is provided for regular full-time employees, and the college pays the premium for that coverage. A full-time employee, at their own expense, may opt to pick up additional coverage for up to three times the employee’s average annual salary. For those full-time employees who retire, life insurance coverage of $5,000 may be purchased through the group plan. Dependent coverage is not offered through this plan. The carrier, through the consortium, is The Standard Life Insurance.
Questions concerning insurance, requests for change in coverage and requests for claim forms should be directed to the coordinator of benefits and special projects at 352-854-2322, ext. 1290.
Employees can find life insurance forms, including information about other voluntary life insurance plans that are available to all employees (part-time and full-time) and their dependents at https://benefits.cf.edu/, Life Insurance.
Disability, Full-Time Employees
Employees may choose to purchase long term or short-term disability insurance coverage. Premiums are payroll deducted on a post-tax basis. More information can be located at https://benefits.cf.edu/, under Voluntary Benefits.
Section 125 Plan (Cafeteria Plan), Full-Time Employees
CF has arranged for its regular full-time employees to participate in a Section 125 Plan. The Section 125 Plan is designed to enhance our current benefits package. Through this plan, an employee can purchase benefits with pre-tax dollars. These dollars are subtracted from an employee’s gross earnings before taxes are taken out. The plan is administered by Custom Benefit Services, and representatives are frequently on campus to assist you with this program. An employee may only enroll in the cafeteria plan or make changes to their benefits through the plan at the beginning of employment, during the open enrollment period or as a result of a qualifying event.
The Section 125 Plan offers the option of selecting cancer insurance, medical gap plan, dental insurance, vision insurance, and dependent care reimbursement and medical reimbursement through payroll deduction. An election form must be completed to participate. Once pre-tax benefits begin to be deducted, an employee must remain enrolled for the entire contract year.
More information can be located at https://benefits.cf.edu/, under Voluntary Benefits.
Dental/Vision Plans
The college offers a voluntary dual-choice dental and vision program for employees as part of the Section 125 Plan. Part-time employees become eligible once they have met the Florida Retirement System eligibility requirement of 2,080 hours and are eligible to enroll during the first open enrollment period following FRS eligibility. Information is available at Inside.cf.edu, Employee Benefits, under Dental and Vision Insurance.
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