LFA

LFA in Partnership with
the Besselman & Little Agency

LFA LogoAre you a Louisiana Finance Association Member?
Take advantage of an EXCLUSIVE health plan for LFA Members only!


The Besselman & Little Agency has represented LFA’s group benefits for over 23 years.   Due to the tremendous network, numerous policy options, and the largest discounts on QHDHPs, BlueCross BlueShield of Louisiana would be the primary carrier for the association.  

One option we offer for LFA Members is a QHDHP.  This Qualified High Deductible Health Plan is one with a minimum deductible of $1000 or an individual or $2000 for a family.  The advantage of implementing a QHDHP is the lower monthly premiums!   In addition, a health savings Account (HSA) can be set up that will be used to pay for medical expenses until the deductible is met as well as expenses the are not covered by the health plan – ALL TAX FREE.

We offer:


Medical Plans

1) Point of Service (POS)
• No Deductibles
• Low Co-pays
• Cost Effective Options
• Pharmacy Benefit

2.) Preferred Provider Organization (PPO)
• Full Range of Deductibles ($250 - $1500)
• Office visit Co-pays
• Pharmacy Benefit
• Extensive Network Options

3.) Qualified High Deductible Health Plan (QHDHP)
• Deductible Ranges ($1100 - $5000)
• 100% / 80% and 80% / 20% Coinsurance Options
• Health Saving Account Qualified
   

Voluntary Life Insurance

The LFA has two additional group term life insurance policies available to all full-time employees:
   
1) Sun Life Insurance Company
Owners / Managers : $50,000
All Other Employees : $20,000
Monthly Rate Cost: $.492 / $1000
Dependent Coverage: additional $.87 / month
Spouse / Child Coverage: $2000 / $1000

**This policy is not portable nor is it convertible.  If an employee terminates for any reason, coverage will cease.
   
2) UNUM Life Insurance
Employees: $50,000 guaranteed coverage
Spouse: $25,000 guaranteed coverage

**If the employee chooses coverage over the guaranteed amount, they will need to complete an Evidence of Insurability Form.  The request for coverage over the guaranteed amount will be subject to medical underwriting approval.  The employee may request coverage up to 5 times the amount of his annual salary.  The spouse is entitled to ½ of the employee’s coverage. 

**Dependents may be covered under the policy as well.  The rates are based upon age and smoking preference.

   

Dental Program

BlueCross Dental Plan
Plan Deductible Annual Max Orthodontia Single Rate Family Rate
           
Plan 1 $50.00 $1,500.00 Not Covered $26.00 $66.80
Plan 2 $50.00 $1,000.00 Not Covered $22.70 $59.40
Plan 3 $100.00 $1,000.00 Not Covered $20.20 $53.00
Plan 4 $50.00 $1,500.00 60% / $1500 Max $26.30 $72.50
Plan 6 $50.00 $1,000.00 50% / $1000 Max $22.90 $64.10
Plan 7 $100.00 $1,000.00 50% / $1000 Max $20.40 $57.70
           

Vision Program

VSP Plan
Exam CoPay:  $15.00
Materials CoPay: $35.00
Contact Lenses: No Co-Pay (1 every 12 months)
VSP will pay the cost of a comprehensive eye exam and prescribed materials purchases up to the plan allowance, less any co-pay:
Exam: Covered in full
Single Vision Lenses: Covered in full
Bifocal lenses: Covered in full
Trifocal lenses: Covered in full
Frames Covered: Up to $100.00
Contact lenses: Up to $105.00
   

 

To learn about the specifics of these various, excusive LFA Member Plans,
please contact the agency at 225.767.0334 or email info@besselmanlittle.com

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