UC Only Visiting Faculty Onboarding Binder 2022

2022 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 $150,000

$1.70

$150,000

$3.75

$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. Employee must notify benefits@uc.edu to remove surcharge; changes will not be made retroactively. 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 2022 IRS maximum combined contribution of $3,650 for EE only HDHP or $7,300 for EE + dependent(s) HDHP; if 55+ $1,000 catch-up contribution/yr. allowed. Refer to bit.ly/uc-benefits for important HSA pro-ration info applicable to mid-year hires/enrollees. ****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. Rev. 10/2021

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