Employee Benefits
Hofstra University offers a variety of benefit programs for their employees and their families. Explore the information below to learn more.
Medical
View health plan options:
Vision, Dental and Pharmacy
Learn more about the benefits you receive as an employee and industry updates.
If you enroll in the Hofstra EPO or POS plan, in addition to medical coverage, you and your family (if applicable) will also receive vision benefits, administered by EyeMed and pharmacy benefits with Express-Scripts
Also, when enrolled in the Hofstra EPO plan, you and your family (if applicable) will also receive dental benefits, administered by Delta Dental.
However, if you choose the Hofstra POS, Oxford or HIP options, you may enroll in the Delta Dental plan for an additional contribution. This coverage is only available for the employee -- it does not cover dependents.
- Delta Dental Optional Plan
- Delta Dental Optional Plan (Local 153, Local 282 and Local 550)
Flexible Spending Account (FSA) and Commuter Benefit
Learn how you can put pre-tax money aside to pay for medical expenses, dependent care expenses and commuting to work via public transportation or using municipal parking.
- View a list of typical healthcare expenses covered by FSA
- View a list of Dependent Care Eligible Expenses
- Commuter Benefit Account Participant Guide
- What's New?
IMPORTANT FLEXIBLE SPENDING INFORMATION FOR 2013
Effective January 1, 2013, health care reform legislation limits the amount you can contribute to your healthcare flexible spending account to $2,500. The maximum contribution to your dependent care account remains at $5,000 per household.
Changes to ADP Flexible Spending Account Cards
Effective April 1, 2013, you will have the option of retrieving and using a Personal Identification Number (PIN) to have your ADP Spending Account Card purchases processed as a PIN-based debit transaction. It is important to note that you are not required to retrieve or use the PIN for your card. You may continue to use your card for signature-based debit transactions just as you always have, without the need to retrieve or remember a PIN, by simply selecting “credit” at the payment terminal. If a merchant prompts you to enter a PIN and you do not have one, simply ask the merchant if you may sign for the purchase.
On or after April 1st, if you wish to obtain a PIN for your card, you may do so by:
- Logging into your account on the ADP Spending Account website (http://www.flexdirect.adp.com/).
- Selecting the Quick Link for “Verify Card Status & PIN”.
- Selecting the option for Retrieve under PIN in the card status grid to have the PIN displayed within your secure login.
NOTE: If you do not have web access, you may contact your ADP Participant Solution Center to have your PIN mailed to you.
Some key points to remember about the new PIN for the ADP Spending Account Card are:
- The PIN is an assigned number and cannot be changed.
- If you forget your PIN, you may retrieve it by following the steps noted above.
- The PIN will continue for the life of the card.
- When a new card is issued, a new PIN will be assigned for the new card.
- If your card was issued for a health-based account (Health Care or Limited Purpose FSA) and you requested a card for your spouse or dependent, PINs are also available for these cards.
- Using a PIN will not provide the option of cash back at the point of sale and the card will not work at ATMs.
Life Insurance and Long Term Disability (LTD)
Read about the life insurance and accidental death insurance in the Required Notice Section and view information on the LTD policy.
Do you want to change your beneficiary designation for your Hofstra-provided life insurance?
- Download the ING Life Insurance Beneficiary Designation Form.
Pension
Gain knowledge about the Pension plan offered to University employees.
The Hofstra University Pension Plan is a tax deferred annuity arrangement (IRS Code Section 403(b) annuity). The plan is voluntary with a one-time irrevocable election to participate which begins after you reach age 26 and you meet the eligibility requirements.
| IRS PENSION CONTRIBUTION LIMITS FOR 2013 | |
|
Section 415 for the combined total from all pension plans |
$51,000 |
|
Section 402(g) for elective deferrals |
$17,500 |
|
Section 414(v) for catch-up contributions for participants age 50 and over |
$ 5,500 |
Other Benefits
- Tuition Remission
- Tuition Exchange & Scholarship
- Paid holidays
- Paid vacations
- Free or discounted tickets to University events
Required Notices
Medical
Hofstra Exclusive Provider Option (EPO)
Hofstra Point-of –Service (POS)
- POS Summary Plan Description
- Hofstra POS Option SBC
- POS Summary Plan Description Local 550 and Local 282
- Hofstra POS Option Local 550 and Local 282 SBC
Dental
- Delta Dental Summary Plan Description
- Delta Dental Optional (Employee Only) Summary Plan Description
- Delta Dental Optional (Employee Only) Local 153, Local 282 and Local 550
Express-Scripts
Flexible Spending
Pension
Life Insurance (both University paid and optional contributory)
Long Term Disability
Affordable Care Act
Patient Protection and Affordable Care Act (ACA) Updates
Summary of Benefits and Coverage Form (SBC)
In compliance with the Affordable Care Act Hofstra University has developed a Summary of Benefit Coverage (SBC) and Uniform Glossary that will make it much easier for you to understand and compare the benefits offered by different plans.
- Hofstra EPO Option SBC
- Hofstra POS Option SBC
- Hofstra POS Option Local 550 and Local 282 SBC
- HIP HMO SBC
- HIP POS SBC
- Oxford EPO SBC
- SBC Uniform Glossary
Health Care Flexible Spending Accounts(FSA)
Starting January 1, 2013, federal regulations limit salary reduction contributions to a health care flexible spending account to $2,500 (as indexed for inflation).
Women’s Preventive Care
The Affordable Care Act helps make prevention affordable and accessible for all Americans by requiring new health plans to cover and eliminate cost sharing for preventive services recommended by the U.S. Preventive Services Task Force, the Advisory Committee on Immunization Practices, and the Bright Futures Guidelines recommended by the Academy of Pediatrics. The pdf below advises on eight new additional women’s preventive services that will be covered without cost-sharing requirements include.
Benefit Providers
| Provider | Home Page | Customer Service Phone # |
|---|---|---|
| ADP - Flexible Spending and Transit/Parking Benefit | www.flexdirect.adp.com | 1-800-654-6695 |
| Empire BlueCross BlueShield | www.empireblue.com | 1-800-435-1385 |
| Delta Dental | www.deltadentalins.com | 1-800-932-0783 |
| EyeMed Vision | www.eyemedvisioncare.com | 1-866-723-0513 |
| Express-Scripts | www.express-scripts.com | 1-866-718-7947 |
| Oxford | www.oxhp.com | 1-800-444-6222 |
| HIP/Vytra | www.EmblemHealth.com | 1-800-447-8255 |
| TIAA-CREF | www.tiaa-cref.org | 1-800-842-2776 |
| Vanguard | www.vanguard.com | 1-800-523-1188 |
| Fidelity | www.fidelity.com | 1-800-343-0860 |
| Valic | www.valic.com | 1-800-448-2542 |


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