Early Retirees (ERIP III) Health Insurance Rates

The University of Iowa contributes an amount equal to that of an active employee in the same plan and same coverage level for five years. At the end of the early retirement benefits, regular retiree rates will apply. 

2020 Early Retiree Health Insurance
(Not Medicare Eligible)

Please note: In 2020, there is will be a cost for UIChoice single coverage under age 65
Type of Contract Total Cost UI Contribution Your Cost
Single
UIChoice:  $683
UIChoice:  $649
UIChoice:  $34*
UISelect:  $569 UISelect:  $569 UISelect:  $0
Retiree + Spouse
UIChoice:  $1,631
UIChoice:  $1,305
UIChoice:  $326
UISelect:  $1,359 UISelect:  $1,087 UISelect:  $272
Retiree + Child(ren)
UIChoice:  $1,331
UIChoice:  $1,065
UIChoice:  $266
UISelect:  $1,109 UISelect:  $887 UISelect:  $222
Family
UIChoice:  $1,747
UIChoice:  $1,398
UIChoice:  $349
UISelect:  $1,456 UISelect:  $1,165 UISelect:  $291

2020 Early Retiree Health Insurance
(Medicare Eligible)

Type of Contract Total Cost UI Contribution Your Cost
Single
UIChoice:  $792
UIChoice:  $649
UIChoice:  $143
UISelect:  $713  UISelect:  $569 UISelect:  $144
Retiree + Spouse
(one Medicare eligible)
UIChoice:  $1,475
UIChoice:  $1,305
UIChoice:  $170
UISelect:  $1,282  UISelect:  $1,087 UISelect:  $195
Retiree + Spouse
(both Medicare eligible)
UIChoice:  $1,584
UIChoice:  $1,305
UIChoice:  $279
UISelect:  $1,426 UISelect:  $1,087 UISelect:  $339
Retiree + Child(ren)
(retiree Medicare eligible)
UIChoice:  $1,475
UIChoice:  $1,065
UIChoice:  $410*
UISelect:  $1,282 UISelect:  $887 UISelect:  $395*
Family
(one Medicare eligible)
UIChoice:  $2,123
UIChoice:  $1,398
UIChoice:  $725
UISelect:  $1,822 UISelect:  $1,165 UISelect:  $657
Family
(both Medicare eligible)
UIChoice:  $2,267
UIChoice:  $1,398
UIChoice:  $869*
UISelect:  $1,995 UISelect:  $1,165 UISelect:  $830*

*Cost for 1 covered dependent child on UIChoice; add $683 for each additional child.
*Cost for 1 covered dependent child on UISelect; add $569 for each additional child. 

Early retirees with a spouse where one or both are Medicare eligible will continue to receive the university contribution for retiree and spouse of $1,305 in 2020. 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:

2020 Examples:

Medicare Eligible Retiree = $792 - $792 University contribution = $0 premium
Spouse not Medicare Eligible = $683 - $513 University contribution ($1,305 - $792 = $513) = $170 premium


ABOUT OUR SITE: The information presented on our website describes only the highlights of the plans and does not constitute official plan documents. Additional terms and conditions apply. If there are any discrepancies between the information contained herein and the official plan documents, the plan documents will govern.

Contact Information

University Benefits

Fax
319-335-2776
Campus Address
120 USB
Mailing Address

120 University Services Building
Iowa City, IA 52242-1911
United States

Hours
Monday-Friday, 8 a.m.-5 p.m.