Insurance Details for New Employees

Welcome to Baylor! We’re glad you have decided to join us as a new staff member! An important part of your total compensation package at Baylor is your benefits package. Benefits offered at Baylor include medical insurance, dental plans, flexible spending accounts, retirement plan, paid vacation and holidays, tuition remission benefits and a wide-variety of other perks and services.

Please review the following BEFORE attending Bear Essentials on Monday:

During your first few days as a Baylor staff member, you will make decisions regarding your insurance benefits package.

During Bear Essentials, we have a limited amount of time set aside to further explain your benefits, answer questions, and complete some necessary paperwork. By familiarizing yourself with this information and completing paperwork ahead of time, you will be able to take full advantage of the time available. Please thoroughly review the following information and the Benefits Overview BEFORE attending Bear Essentials.

Effective dates

For most full-time staff, insurance products become effective immediately upon employment. You have 30 days from date of employment to submit your insurance enrollment elections. The next opportunity to make changes will be open enrollment or within 30 days of an eligible qualifying life event.

Tax information

The university provides an Internal Revenue Service (IRS) Code Section 125 plan to allow eligible premiums and out-of-pocket expenses for medical/dental to be paid with before-tax dollars. In other words, in most cases, you will not be taxed on the money you spend on insurance premiums and expenses.

Insurance products in which the employee and Baylor share the cost:

Medical insurance: Blue Cross Blue Shield of Texas-
PPO BlueChoice plan
or High Deductible Health Plan (HDHP) + Health Savings Account (HSA)

Helps pay for routine doctor visits, in patient and out patient services, emergency room treatment, surgery and many other medical expenses. Also provides for reduced purchase cost of prescription drugs.

Click here for more detailed information

Dental Plan (DR Administrative Services)

Freedom to choose your dentist. Helps pay for most dental expenses for the employee and his or her family. Includes an orthodontia benefit.

Click here for more detailed information

MetLife PDP Plus Dental Plan

A managed care plan designed to provide the opportunity to get more benefit for your dental care dollars.

Click here for more detailed information

Flexible Spending Accounts available with the PPO medical plan

An FSA is a tax-effective, money-saving option that will help you pay for qualified healthcare expenses that are not covered by your medical plan, and for dependent care services necessary to enable you to work.

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Health Savings Account available with the HDHP medical plan

A health savings account (HSA) is a tax-exempt savings account into which both the employer and employee can deposit money (up to an annual limit specified by the IRS) on a tax-preferred basis.

Click here for more detailed information

Benefits Overview
To download the Benefits Overview (printable), click the link below: Benefits Overview