2021 University of Cincinnati Benefit Plan Contributions (Non-AAUP) Life and Personal Accident Insurance Employee Monthly Contributions Non-AAUP Employee Life Insurance Basic Life (1x base salary) is priced at $0.118 per $1000. Life insurance elected in excess of 1x base pay is age banded. Your cost increases in the month in which you move into a new band.
Age >35
Cost/mo.
$0.022 $0.040 $0.058 $0.095 $0.146 $0.237 $0.373 $0.589 $0.850
35-39 40-44 45-49 50-54 55-59 60-64 65-69
70+
Personal Accident Insurance Employee Only Amount of Coverage
Employee andFamily Amount of Coverage
Cost/mo.
Cost/mo.
$50,000
$1.25
$50,000
$0.85
$100,000
$2.50
$100,000
$1.70
$150,000
$3.75
$150,000
$2.55
Family Life Insurance Spouse/Domestic Partner Coverage
Dependent Children
Amount of Coverage
Cost/mo.
Amount of Coverage
Cost/mo.
$2,000
$0.20
$5000
$1.44
$5,000
$0.50
$10,000
$2.89
$25,000
$7.22
$10,000
$1.00
*Waiver credit for medical/dental plans not available in cases where both husband/wife or domestic partner work for UC in a benefits- eligible position. **Surcharge applicable if spouse/domestic partner has medical plan available through his/her employer and waives it in favor of UC med. plan. Domestic Partner rate for all plans: Employee is taxed on value of employee only level coverage each pay. ***UC Health Savings Account (HSA) contribution reflected as a yearly amount; is made on a monthly/bi-weekly basis. Pro- rated for mid-year enrollments or status changes. Medical premium and UC HSA contrib. based on UC + UCP salary for all dually compensated employees. HSA limit subject to 2021 IRS maximum combined contribution of $3,600 for EE only HDHP or $7,200 for EE + dependent(s) HDHP; if 55+ $1,000 catch-up contribution/yr. allowed. ****Not all benefit plans available to Annual Adjuncts. Post Docs and their eligible family member(s): UC pays entire monthly premium for either medical plan. Refer to salary bands above to determine UC HSA contribution. Waiver credit does not apply formedical/dental plans. 01/20
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