MEMORANDUM
TO: Alcorn State University Faculty and Staff
FROM: Office of Human Resources Management
DATE: March 23, 2022
RE: Annual Reminder of Confidentiality Statement
Alcorn State University employees sign a Confidentiality Statement agreeing not to disclose, discard, or distribute confidential information when employed. According to the statement, confidential information is defined as “all data and information relating to the business and management of the employer, including proprietary and trade secret technology and accounting records, including work product, production processing, other propriety data, business operations, marketing, and development operations and Customers. Confidential information will also include any information that has been disclosed by a third party to the employer and governed by a nondisclosure agreement entered into between the third party and the employer.” We remain confident that all employees will maintain the highest ethical standards and abide by federal and state law and university policies. Below are the associated policies for review.
Thank you!
Related Documentation:
2027 Health Insurance Premium Update
What this means for your cost
2027 monthly employee costs
|
Coverage tier
|
Base (Legacy and Horizon)
|
Select (Legacy)
|
Select (Horizon)
|
|---|---|---|---|
|
Employee only
|
$0
|
$20
|
$56
|
|
Employee + spouse
|
$597
|
$703
|
$737
|
|
Employee + spouse and child(ren)
|
$910
|
$1,016
|
$1,050
|
|
Employee + one child
|
$156
|
$262
|
$295
|
|
Employee + children
|
$397
|
$500
|
$534
|
Review your elections by October 31
Health plan open enrollment runs October 1–31, 2026. You may change between Base and Select coverage, add dependents, or cancel coverage. Changes take effect January 1, 2027. If you make no changes, your current coverage will carry forward at the applicable 2027 rates.
Save today. Prepare for tomorrow.
Alcorn State University offers eligible employees the opportunity to establish a Health Savings Account (HSA) through Renasant Bank. An HSA is a personal, tax-advantaged account that helps you save for qualified health care expenses now and in the future.
Why consider an HSA?
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Tax advantages: Eligible contributions and account earnings receive favorable federal tax treatment, and withdrawals for qualified medical expenses are tax-free.
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Savings that carry forward: Unused funds remain in your account from year to year.
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An account you own: Your HSA stays with you if you change jobs or retire.
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Flexible use: Funds may cover qualified medical, prescription, dental, and vision expenses for you, your spouse, and eligible dependents.
Who is eligible?
To contribute to an HSA, you generally must:
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Be enrolled in an HSA-qualified high-deductible health plan.
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Have no other disqualifying health coverage, including a general-purpose health care Flexible Spending Account (FSA).
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Not be enrolled in Medicare.
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Not be eligible to be claimed as a dependent on another person’s tax return.
Enrollment in a health insurance plan does not automatically establish HSA eligibility. Contact HRM to confirm whether your coverage qualifies.
Contributions and enrollment
Eligible employees may arrange payroll deductions to fund their Renasant Bank HSA, subject to annual IRS contribution limits. Employees fund their own accounts; ASU does not currently make employer contributions.
To learn more, confirm eligibility, or request enrollment and payroll deduction instructions, contact the Office of Human Resources Management.