Benefits Program Design - Faculty, Professional and Scientific, Merit Staff

The benefit program is a robust and designed to be sustainable, equitable, and flexible. This page applies to the following groups:

  • Faculty
  • Professional and Scientific
  • Merit Supervisory Exempt and Merit Confidential Staff
  • Merit Staff with a hire date on or after July 1, 2017
  • Merit Staff hired before July 1, 2017 (Effective January 1, 2018)

Four "Core" Insurance Benefits 

There are four "core" insurance benefits provided for all Faculty, Professional and Scientific and Merit staff. The four "Core" insurance Benefits will be provided as follows:

Health Insurance

  • Faculty and Staff will be provided a 100% University contribution for single coverage.
  • The University will contribute 80% toward the cost of coverage for employee/spouse, employee/child(ren) or employee family, based upon the premium cost of the UIChoice plan. 
  • Where two spouse/partners are both eligible for this benefit package, they can elect to take the Double Spouse Credit and they will be provided with their choice of one employee/spouse or family health insurance plan with no out-of-pocket expense. You must fill out a request for double spouse credit form and return it to University Benefits in order to receive this credit. 

Dental Insurance

  • Faculty and Staff will be provided a 100% University contribution for single coverage. 
  • The University will contribute 80% toward the cost of coverage for employee/spouse, employee/child(ren) or employee family, for the Dental II plan.
  • Where two spouse/partners are both eligible for this benefit package, they can elect to take the Double Spouse Credit and they will be provided with an one employee/spouse or family dental plan with no out-of-pocket expense. You must fill out a request for double spouse credit form and return it to University Benefits in order to receive this credit.   

Group Term Life Insurance

Faculty and Staff will be provided life insurance at the amount of two times salary, up to a maximum of $400,000 in coverage. Individuals can choose to buy additional supplemental life insurance if they desire.

Disability Insurance

Faculty and Staff will receive long-term disability insurance to provide 60% salary replacement upon employment.

Pre-tax Elective Insurance Benefits 

The plan offers flexibility in that you have the option of selecting a number of elective
pre-tax benefits, including;

  • purchasing additional life insurance
  • purchasing of accidental death and dismemberment insurance
  • funding a dependent care or health care flexible spending account  

General Benefit Credits

The program has an element of choice, as each employee will receive a General Benefit Credit to use for additional benefit expenses.  All faculty and staff will be provided $90 per month in General Benefit Credits to be used at their discretion toward:

  • the cost of health or dental insurance, or:
  • the purchase of additional life insurance
  • the purchase of accidental death and dismemberment insurance
  • funding a dependent care or health care flexible spending account 

Shared Savings Credits

Depending on the choices a faculty or staff member makes, they may be eligible for Shared Savings Credits which they can use in the same manner as the General Benefits Credits.

Individuals who have dental insurance, but are not enrolled in a University dental insurance plan may receive a Shared Savings Credit as an incentive to remain with their current insurance provider. Individuals who elect not to enroll in the University’s or a State of Iowa (state agencies, Board of Regents) dental insurance plan may be provided a $25 per month Shared Savings Credits. 

Under the Double Spouse Credit benefit, one spouse is the policyholder for both health and dental insurance and the other is covered as a dependent on the policyholder's plans. Electing the Double Spouse Credit will result in no out-of-pocket premium cost for a family health and dental plan.

Double Spouse Credit is only a benefit when electing family coverage. If you only need employee and spouse coverage, there is no benefit of enrolling with the Double Spouse Credit as each employee may elect their own single health and dental plan at no cost.

Double spouse couples are only eligible for a Dental insurance Shared Savings Credit if they both waive coverage. You will need to contact University Benefits if you wish to do this.  

Finally, individuals whose salary is over $25,000 who elect to receive only $50,000 in life insurance may receive an additional $40 per month in Shared Savings Credits. The life insurance Shared Savings Credit will be subject to further review for continuation into subsequent benefit years.