Human Resources

Staff Policies and Procedures Manual

VII. Benefits

C. Health insurance for active employees

Reed College reserves the right to change, terminate or otherwise modify any or all provisions of the following benefits at any time and for any reason.  This is a summary only; refer to the plan document for specific and complete information.

Initial eligibility:

  • All regular full-time and regular part-time employees, in an eligible class, who work at least .50 FTE annually become eligible to apply for coverage under the plan on the first of the month following date of hire. If hired on the first day of the month, benefits begin immediately. Coverage is available for spouses, domestic partners who meet the Reed College criteria for domestic partnership, and dependent children of eligible employees.

The plan:

The college, in its sole discretion, may offer more than one plan or carrier. Plan details are available from the Human Resource Department.

Contribution:

Annually the college will determine the amount of contribution it will provide in that year. The college’s contribution to the employee is based on the core benefit, which is defined to be the least expensive single party coverage offered by the college. The college's contribution to two-party and family coverage is also based on the core benefit. The employee contribution, based on the core medical benefit, will not exceed 9.5% of the employee’s full-time equivalent base salary/wage plus any applicable differential once per year on the first date of the benefit plan year. Any changes in salary/wages during the year will not effect the contribution rate until the following benefit plan year. Employees may choose more expensive coverage but must pay the difference in the premium amounts between the college’s contribution toward the core benefit and the elected coverage. 

Any amount the employee is required to pay toward the premium is through salary reduction, and therefore the premium is paid from pre-tax dollars. However, domestic partner coverage is taxable.

Insurance Waiver:

Employees who are eligible for health insurance but are covered under a spouse or domestic partner's health insurance policy may waive health insurance by completing a waiver form.  In this case, the employee receives a lump sum amount of money on an annual basis. This is the only type of waiver allowed.

last revised: 2/13/2012

last reviewed: 2/13/2012

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