2008 Health Insurance Payroll Deductions*
Bi-weekly Premium
(Research Foundation pays 90% of premium for Individual coverage, 75% for Family)
| Insurance Plan Options | ||||
|---|---|---|---|---|
| Employee | Employee and Spouse |
Employee and Children |
Family | |
| Empire PPO | $21.68 | $76.68 | $66.01 | $129.31 |
| HIP/VYTRA | $21.87 | $75.96 | $75.52 | $146.13 |
| Aetna/US Healthcare | $49.90 | $225.43 | $142.21 | $232.38 |
| Empire HMO | $46.76 | $124.41 | $109.15 | $211.14 |
| HIP | $20.19 | $70.68 | $63.61 | $124.22 |
* During the first 2 paychecks after your enrollment takes effect, double deductions will be taken for premium contributions, in order to cover the 28 day extension of benefits which is provided when your employment terminates or drops below eligibility requirements.
If your health deductions are not taken from the paycheck when your insurance becomes effective, there will be more than 2 double deductions taken to pay for your health insurance back to your effective date.
You will be automatically placed in the Pre-tax Health Insurance Program unless you sign a waiver. For more information, see page 11 in The Research Foundation Benefits Handbook.
A decision on health coverage must be made within 60 days of employment or you will not be able to be covered by health insurance for another 5 pay periods (to be determined by the date the Benefits Office receives your completed forms).
