The Benefits Office provides a variety of programs and services for university personnel, spouses, and dependents. Programs encompass basic insurance coverage (medical, dental, group term life, occupational accidental death & dismemberment, disability), supplemental insurance options (life, accidental death & dismemberment, long-term care), retirement programs (pension plan, savings plans), and BYU benefits (flexible spending accounts, tuition benefits, ID cards). Services are provided to assist individuals with information, processing, personal data and general needs.
Long Term Care Insurance (LTC)
Why Would I Ever Need LTC?
What is Long Term Care Insurance (LTC)?
Long term care insurance pays for services required if a person is unable to care for himself/herself dure to injury, chronic illness, or disability.
It is a "RISK" insurance.
Just like car insurance - you buy it and hope you never need to make a claim!
Coverage includes:
- Skilled services, Intermediate Services, and Custodial Services
Provided through:
Retiree Medical Premiums
Most of us understand the vital role that personal savings plays in securing a comfortable lifestyle in retirement. The average retiree will be required to provide approximately 40% of the financial resources needed for retirement from personal savings (DMBA Thrift Plan, TIAA/CREF and IRA’s).
Flexible Spending Account
Perhaps Benjamin Franklin said it best in 1789: "In the world, nothing is certain but death and taxes." Surely Mr. Franklin would have been pleased with a change in the tax code nearly 200 years later that helps reduce income tax. But unfortunately, nearly 85 percent of Americans aren’t taking advantage of a provision that allows you to maximize your income by reducing your state and federal income tax (FICA and Medicare taxes, too!) At BYU we call it the Flexible Spending Account program, or FSA.
Benefits Summary
Group Medical, Dental, Disability, and Life Insurance
A basic five-part package insurance plan through Deseret Mutual Benefit Administrators is available for personnel and their spouses and eligible dependent children. The university pays a substantial portion of the premium. The exact amount varies with the plan selected. The plan includes coverage in the following areas:
Medical Insurance Four medical insurance plan options are available with varied plan designs, coverages, and premiums.
Frequently Asked Questions
Q.Where is the Benefits Office? What is the telephone number?
A: D-240 ASB, 801-422-4716
QWhat is the telephone number for DMBA? Where is their website?
A: 1-800-777-3622, www.dmba.com
Benefits Presentations
The presentation modules listed below have been developed by BYU Benefits Services to provide information about BYU benefits plans to campus personnel. Each module has been designed to be delivered in 15 –20 minutes during a department staff meeting. If more time is available, information from several modules can be strung together for a longer, more complete presentation. To schedule a presentation for a department or group, please call the Benefits Office at 422-4716.
Manage Your DMBA Account Online
Manage Your Benefits Online
Following are some of the things you can do when you manage your benefits online at http://www.dmba.com.