LSU Health Sciences Center Human Resource Management
 


Disability and Life Insurance Plans

Louisiana State University Health Sciences Center - New Orleans Campus offers a variety of life and disability insurance programs/plans. For a brief explanation of each plan, please see below or click on the appropriate insurance plan of your choice.

 

The Hartford Accidental Death and Dismemberment

CNA Accidental Death & Dismemberment insurance is available to LSUHSC employees appointed at 25% effort (10 hours per week) or greater. Coverage is effective the first day of the month following enrollment. This is the only plan that allows employees to enroll and/or drop coverage at any time during the plan year. Employee's spouse and unmarried eligible dependents are also eligible for coverage.
 

Benefits are paid for loss of life, disability or dismemberment resulting from a covered accident.  Repatriation coverage does not meet federal guidelines applicable to employees on J1 visa.
 

Premiums

Coverage Employee & Family Employee Only
$27,500 $1.50 $1.00
$55,000 $3.00 $2.00
$82,500 $4.50 $3.00
$110,000 $6.00 $4.00
$165,000 $9.00 $6.00
$220,000 $12.00 $8.00
$275,000 $15.00 $10.00
$300,000 $16.36 $10.90

 

 

Office of Group Benefits - Prudential Plan

Dependent Life Insurance Program

Employees who participate in either the basic or supplemental life insurance programs are eligible to participate in the dependent life insurance offered as a part of the State Employee's Group Benefits Program.

  • Rates for dependent life are a flat rate, regardless of the number of dependents covered by the employee.

  • Employee is responsible for entire premium.

  • Eligible dependent children through age 25.

  • Legal spouse

Employees with Basic Life Insurance:

Option 1 Dependent Life face amount of $1,000 on the spouse and $500 on each eligible dependent child.
    Cost: $.98 per month
     
  Option 2 Dependent Life face amount of $2,000 on the spouse and $1,000 on each eligible dependent child.
    Cost: $1.96 per month
Employees with Supplemental Life Insurance:
Option 1 Dependent Life face amount of $2,000 on the spouse and $1,000 on each eligible dependent child.
    Cost: $1.96 per month
   
Option 2 Dependent Life face amount of $4,000 on the spouse and $2,000 on each eligible dependent child.
Cost: $3.92 per month

 

State of Louisiana Life Insurance Program

All employees appointed at 75% effort and above are eligible to participate in the Group Life Insurance Plan. The plan is underwritten by the Prudential Insurance Company. The State pays for half of the life insurance premium for the employee and/or retiree, and coverage is granted on a guaranteed basis to employees who enroll during their first 30 days of eligibility. Late enrollees are subject to underwriting approval, and coverage is effective the first of the month following 30 days of employment. The premiums are collected one month in advance, and premiums for the employee life coverage can be deducted on a before-tax basis by enrolling in the Cafeteria Plan.
 

Accidental Death and Dismemberment benefits are included for all active employees under age 65, and if your employment ends, you may receive similar term life insurance under the portability provision, provided you are under age 70. Accidental Death and Dismemberment coverage ends upon termination of employment or retirement at age 70.
 

Coverage Reductions:

  • On July 1st of the year you attain age 65, the amount of insurance is reduced by 25%.

  • On July 1st of the year you attain age 70, the amount of insurance is reduced by 50% from the original amount.

  • Accidental Death and Dismemberment will end at age 70 or upon termination of employment/retirement.

Two Options:

  • Basic Life Coverage of $5,000 costs $2.70/month
  • Supplemental Life Coverage of 11/2 base pay up to $50,000

Basic Plus Supplemental Term Life - Monthly Premiums

Active and Retired employees under age 65

Annual Salary Maximum Insurance Total Premium Employee Portion
10,000.01 - 10,666.66 18,000.00 19.44 9.72
10,666.67 - 11,333.33 19,000.00 20.52 10.26
11,333.34 - 13,333.33 20,000.00 21.60 10.80
13,333.34 - 14,000.00 21,000.00 22.68 11.34
14,000.01 - 14,666.66 22,000.00 23.76 11.88
14,666.67 - 15,333.33 23,000.00 24.84 12.42
15,333.34 - 16,000.00 24,000.00 25.92 12.96
16,000.01 - 16,666.66 25,000.00 27.00 13.50
16,666.67 - 17,333.33 26,000.00 28.08 14.04
17,333.34 - 18,000.00 27,000.00 29.16 14.58
18,000.01 - 18,666.66 28,000.00 30.24 15.12
18,666.67 - 19,333.33 29,000.00 31.32 15.66
19,333.34 - 20,000.00 30,000.00 32.40 16.20
20,000.01 - 20,666.66 31,000.00 33.48 16.74
20,666.67 - 21,333.33 32,000.00 34.56 17.28
21,333.34 - 22,000.00 33,000.00 35.64 17.82
22,000.01 - 22,666.66 34,000.00 36.72 18.36
22,666.67 - 23,333.33 35,000.00 37.80 18.90
23,333.34 - 24,000.00 36,000.00 38.88 19.44
24,000.01 - 24,666.66 37,000.00 39.96 19.98
24,666.67 - 25,333.33 38,000.00 41.04 20.52
25,333.34 - 26,000.00 39,000.00 42.12 21.06
26,000.01 - 26,666.00 40,000.00 43.20 21.60
26,666.01 - 27,333.33 41,000.00 44.28 22.14
27,333.34 - 28,000.00 42,000.00 45.36 22.68
28,000.01 - 28,666.66 43,000.00 46.44 23.22
28,666.67 - 29,333.33 44,000.00 47.52 23.76
29,333.34 - 30,000.00 45,000.00 48.60 24.30
30,000.01 - 30,666.66 46,000.00 49.68 24.84
30,666.67 - 31,333.33 47,000.00 50.76 25.38
31,333.34 - 32,000.00 48,000.00 51.84 25.92
32,000.01 - 32,666.66 49,000.00 52.92 26.46
32,666.67 - And Over 50,000.00 54.00 27.00

 

LSU System Accidental Death and Dismemberment

In addition to term life coverage, you have an opportunity to purchase additional insurance protection from the risk of accidental death and dismemberment.  AD&D Insurance doubles the face amount of your policy in the event of death by accidental means or you may purchase just the AD&D portion of the UNUM plan.

 

LSU System Life Insurance Plan

The Hartford Insurance Company offers a program of term life insurance for employees appointed work 30 hours or more per week (75%) and above and their eligible dependents. Premiums are age and smoking/non-smoking rated.

  • Guaranteed issue on employee is guaranteed when enrolling during first 30 days of employment, with coverage to be effective the first day of the month following completion of one full calendar month of service.

  • Guarantee issue for employee coverage is five (5) times annual base salary up to $500,000.

  • Premiums are based on age and increase every five (5) years.

  • Spouse coverage is guaranteed up to $250,000.  Spouse is eligible for up to 50% of employee coverage.

  • Child(ren) are eligible for $5,000, $10,000 or $20,000 of life (AD&D not available).

  • May apply for coverage at any time - subject to underwriting approval.

  • Accidental death and dismemberment coverage for employee/spouse available.

  • Travel Assistance Program included.

Monthly Employee Rates - New Rates

Employee Life

0-24

25-29

30-34

35-39

40-44

45-49

50-54

55-59

60-64

$10,000

0.55

0.65

0.75

0.95

1.19

1.68

2.85

4.35

6.60

 

Monthly Spouse Rate

 

Spouse Life

0-24

25-29

30-34

35-39

40-44

45-49

50-54

55-59

60-64

$5,000

0.28

0.33

0.38

0.48

0.60

0.84

1.43

2.18

3.30

 

Monthly Child Rates

$5,000 for each eligible dependent child $0.75
$10,000 for each eligible dependent child $1.49
$20,000 for each eligible dependent child $2.98

 

Monthly Accidental Death and Dismemberment Coverage (Must equal amounts selected for life insurance)

Employee $0.31 per $10,000
Spouse $0.16 per $5,000