CHEIBA Employee Benefit Plan
Important information and links to the most requested benefit forms are located below.
Please do not hesitate to contact Amanda Berry, Benefits Manager, at 303-352-7033 if you have benefits-related questions or concerns.
The Colorado Higher Education Insurance Benefits Alliance Trust (CHEIBA Trust) and the CHEIBA Trust Members are pleased to announce your Employee Benefit Plan effective for January 1- December 31, 2017.
Summaries of Benefits and Coverage - Please read the Multi-Option Plan Summary carefully before completing your election forms:
The CHEIBA Trust employee benefit insurance contracts for 2017 are continuing with the same insurance carriers as last year, except for vision, which will now be covered through Anthem.
The Medical premium did not increase from last year. There is a $2.00 - $4.00 increase to the Dental premium. The University will decrease the premium split down to 30% for the Employee’s share of premium and increase it to 70% for the University’s share of premium as indicated in the attached rate sheet.
The Healthcare Flexible Spending limit for 2017 remains $2,550.00 in accordance with the Patient Protection and Affordable Care Act. Please be reminded that enrollment in a Flexible Spending Account does NOT automatically continue from year to year.
You may choose to pay your medical, dental and/or vision premiums on either a pre-tax or an after-tax basis. This is important to consider if you are 3 years or less from PERA retirement. Pre-tax deductions affect your Highest Average Salary as calculated under the PERA’s Defined Benefit Plan. To change your tax election, please complete the Section 125 Premium Only Plan Form.