Faculty and Staff Participating in the Special Early Retirement Program III. Monthly Premiums for Health and Dental Insurance

  2019 Premiums 2018 Premiums
Type of Contract Total Cost UI Contribution Your Cost Total Cost UI Contribution Your Cost
UIChoice Premiums
Single (not Medicare eligible) $620 $620 $0 $605 $605 $0
Retiree/spouse (both not Medicare eligible) $1,479 $1,183 $296 $1,443 $1,154 $289
Retiree/children $1,206 $965 $241 $1,177 $942 $235
Family $1,586 $1,269 $317 $1,547 $1,238 $309
Single Medicare Carveout* $716 $620 $96 $695 $605 $90

*Early retirees with a spouse where one or both are Medicare eligible will continue to receive the UI contribution for retiree and spouse of $1,154 toward the cost of the policy in 2018 and $1,183 in 2019. They will be moved into separate plans and the University contribution will be divided between them so the retiree’s premium will equal $0 and the remainder of the contribution will be applied to the appropriate coverage for the spouse.

Example for UIChoice program with spouse coverage:

2019 Examples:

Medicare Eligible Retiree = $716 - $716 University contribution = $0 premium
Spouse not Medicare Eligible = $620 - $467 University contribution ($1,183 - $716 = $467) = $153 premium

2018 Examples:

Medicare Eligible Retiree = $695 - $662 University contribution = $0 premium
Spouse not Medicare Eligible = $605 - $459 University contribution ($1,154 - $695 = $459) = $146 premium

  2019 Premiums 2019 Premiums
Type of Contract Total Cost UI Contribution Your Cost Total Cost UI Contribution Your Cost
Dental II Premiums
Single $45 $45 $0 $45 $45 $0
Retiree/spouse $93 $74 $19 $93 $74 $19
Retiree/children $100 $80 $20 $100 $80 $20
Family $133 $106 $27 $133 $106 $27

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