ICI Deferred Enrollment through March 1, 2022
January 18, 2022
You may be eligible to participate in the annual Income Continuation Insurance (ICI) Deferred Enrollment period now through March 1, 2022. Eligible employees were notified by email on January 15.
ICI provides replacement income if you are unable to work due to a short or long-term disability.
Eligibility
Visit your ICI employee web page to view your ICI eligibility and for personalized data to assist you in making an enrollment decision.
How are ICI Coverage and Premiums Determined?
ICI coverage and premiums are based in part on your eligible earnings*. For Faculty, Academic Staff and Limited Appointees, the elimination period you elect when you enrolled is an additional factor. For University Staff employees your sick leave balance* is also a factor.
*If you were placed on an intermittent furlough, temporary work reduction, consecutive day furlough or were on an unpaid leave of absence during 2021, review the ICI employee web page for information on how your premium may be affected.
ICI Benefits
Standard ICI coverage provides you with 75% of your gross salary up to a maximum of $4,000 per month (75% of $64,000). Standard ICI coverage is on annual earnings up to $64,000.
Supplemental ICI coverage provides 75% of your gross salary to a maximum of $7,500 per month (75% of $120,000). Supplemental ICI coverage is on annual earnings up to $120,000.
For More Information or to Enroll
Review the UW System Employee Benefits ICI web page.
To enroll during the ICI Deferred Enrollment period, submit an application to your institution benefits contact by 4:30 p.m. on Monday, March 1, 2022.
If you have questions after reviewing the available information, contact your institution benefits contact.
Source: UW System Human Resources
Categories: Insurance