For Seattle University Group Life and AD&D Plan This is a summary of the annual report of the Seattle University Group Life and AD&D Plan, EIN 91-0565006, Plan No. 501, for period January 01, 2014 through December 31, 2014. The annual report has been filed with the Employee Benefits Security Administration, U.S. Department of Labor, as required under the Employee Retirement Income Security Act of 1974 (ERISA). The plan has contracts with Wellspring Family Services, EAP and Life Insurance Company of North America to pay life, accidental death and dismemberment and employee assistance program claims incurred under the terms of the plan. The total premiums paid for the plan year ending December 31, 2014 were $414,213.
For Group Health Benefits For Faculty, Admin & Staff This is a summary of the annual report of the Group Health Benefits For Faculty, Admin & Staff, EIN 91-0565006, Plan No. 505, for period January 01, 2014 through December 31, 2014. The annual report has been filed with the Employee Benefits Security Administration, U.S. Department of Labor, as required under the Employee Retirement Income Security Act of 1974 (ERISA). Seattle University has committed itself to pay certain wellness program claims incurred under the terms of plan. The plan has a contract with Group Health Cooperative to pay health and prescription drug claims incurred under the terms of the plan. The total premiums paid for the plan year ending December 31, 2014 were $4,201,356.
For Washington Dental Service Plan for Faculty, Administration and Staff This is a summary of the annual report of the Washington Dental Service Plan for Faculty, Administration and Staff, EIN 91-0565006, Plan No. 506, for period January 01, 2014 through December 31, 2014. The annual report has been filed with the Employee Benefits Security Administration, U.S. Department of Labor, as required under the Employee Retirement Income Security Act of 1974 (ERISA). The plan has a contract with Delta Dental Of Washington to pay dental claims incurred under the terms of the plan. The total premiums paid for the plan year ending December 31, 2014 were $1,006,087. Because it is a so called "experience-rated" contract, the premium costs are affected by, among other things, the number and size of claims. Of the total insurance premiums paid for the plan year ending December 31, 2014, the premiums paid under such "experience-rated" contract were $1,006,087 and the total of all benefit claims paid under the contract during the plan year was $966,477.
For Seattle University Long Term Disability Plan for Faculty, Administration and Staff This is a summary of the annual report of the Seattle University Long Term Disability Plan for Faculty, Administration and Staff, EIN 91-0565006, Plan No. 507, for period January 01, 2014 through December 31, 2014. The annual report has been filed with the Employee Benefits Security Administration, U.S. Department of Labor, as required under the Employee Retirement Income Security Act of 1974 (ERISA). The plan has a contract with Life Insurance Company Of North America to pay long-term disability claims incurred under the terms of the plan. The total premiums paid for the plan year ending December 31, 2014 were $154,245.
For Seattle University Vision Plan This is a summary of the annual report of the Seattle University Vision Plan, EIN 91-0565006, Plan No. 508, for period January 01, 2014 through December 31, 2014. The annual report has been filed with the Employee Benefits Security Administration, U.S. Department of Labor, as required under the Employee Retirement Income Security Act of 1974 (ERISA). The plan has a contract with Vision Service Plan to pay vision claims incurred under the terms of the plan. The total premiums paid for the plan year ending December 31, 2014 were $128,114. Because it is a so called "experience-rated" contract, the premium costs are affected by, among other things, the number and size of claims. Of the total insurance premiums paid for the plan year ending December 31, 2014, the premiums paid under such "experience-rated" contract were $128,114 and the total of all benefit claims paid under the contract during the plan year was $99,330.