2015 Plan Rates

2015 Plan Rates


Health Plan Rates

Faculty and Staff - Monthly Health Plan Rates as of January 1, 2015

Coverage Tier MIT Traditional Health Plan MIT Choice (Blue Cross Blue Shield)
Employee $194 $214
Employee + Spouse (or Domestic Partner) $467 $509
Employee + Child(ren) $400 $436
Family $616 $674

Support and Service - Weekly Health Plan Rates as of January 1, 2015

Coverage Tier MIT Traditional Health Plan MIT Choice
(Blue Cross Blue Shield)
Employee $41.66 $46.19
Employee + Spouse (or Domestic Partner) $100.08 $109.58
Employee + Child(ren) $88.30 $96.45
Family $133.81 $146.94

Postdoctoral Fellows - Monthly Health Plan Rates as of January 1, 2015

Coverage Tier MIT Traditional Health Plan MIT Choice (Blue Cross Blue Shield)
Employee $646 $666
Employee + Spouse (or Domestic Partner) $1,357 $1,399
Employee + Child(ren) $1,163 $1,199
Family $1,873 $1,931

Dental Plan Rates as of January 1, 2015

Coverage Tier MIT Basic Dental Plan MIT Comprehensive Dental Plan
  Faculty/
Staff Monthly Rate
Support/
Service Weekly Rate
Postdoctoral Fellow Monthly Rate Faculty/
Staff Monthly Rate
Support/
Service Weekly Rate
Postdoctoral Fellow Monthly Rate
Employee $5 $1.13 $34 $17 $3.85 $46
Employee + Spouse (or Domestic Partner) $19 $4.30 $62 $54 $12.23 $97
Employee + Child(ren) $19 $4.30 $62 $54 $12.23 $97
Family $28 $6.34 $93 $80 $18.11 $145

Vision Plan Rates as of January 1, 2015

  Faculty/Staff Monthly Rate Support/Service Weekly Rate Postdoctoral Fellow Monthly Rate
Employee $5.78 $1.31 $5.78
Employee + Spouse (or Domestic Partner) $10.99 $2.49 $10.99
Employee + Child(ren) $11.56 $2.62 $11.56
Family $16.99 $3.85 $16.99

Supplemental Life Insurance Rates as of January 1, 2015

2015 Supplemental Life Insurance Rates
Age on January 1 Monthly Cost per $1,000 of Coverage
Under age 30 $0.030
Age 30-39 $0.039
Age 40-44 $0.049
Age 45-49 $0.097
Age 50-54 $0.146
Age 55-59 $0.233
Age 60-64 $0.323
Age 65-69 $0.565
Age 70-74 $0.900
Age 75-79 $1.365
Age 80+ $2.060

Dependent Life Insurance Rates (Spouse or Domestic Partner) as of January 1, 2015

2015 Dependent Life Insurance Rates
Your age as of July 1 following your birthday Monthly cost per $1,000 of coverage
less than 25 $0.034
25 to 29 $0.043
30 to 34 $0.060
35 to 39 $0.069
40 to 44 $0.086
45 to 49 $0.121
50 to 54 $0.198
55 to 59 $0.344
60 to 64 $0.568
65 to 69 $1.025
70 or older $1.654

2015 Dependent Life Insurance Rate (Children) as of January 1, 2015

Dependent Life Insurance Rate (Children)
Monthly cost per child is $1.19
The coverage amount per child is $10,000 age 6 months to age 25 ($100 under age 6 months).

 FSA Limits

Flexible Spending Account (FSA) 2015 Limits
  Annual minimum Annual maximum
Health Care FSA  $104  $2,500
Dependent Care FSA  $104  $5,000

Retiree Rates

Retirees Age 65 and Older - 2015 Monthly Rates

Plan Name Monthly Premium (Individual Coverage)
Medex $390
Tufts Medicare Preferred $350
Managed Blue for Seniors $390
Tufts Medicare Complement $411

Retirees Under Age 65 - 2015 Monthly Rates

Health Plan Individual Family
MIT Traditional Health Plan $646 $1,679.60
MIT Choice Plan $666 $1,731.60
Blue Care Elect Preferred (PPO) $696 $1,809.60

2015 Grandfathered Retiree Medical Rates

Plan Name Full Premium MIT Pays Member Pays
Medex $390 $390 $0
Tufts Medicare Preferred HMO $350 $350 $0
Managed Blue for Seniors $390 $390 $0
Tufts Medicare Complement $411 $390 $21

2015 Retiree Dental Rates

  Monthly premium
Retiree $77.17
Retiree + Spouse (or Domestic Partner) $149.72
Family $258.58