Posted 10:24 a.m. Monday, July 8, 2024
If you are a nine-month Faculty, academic staff, limited appointee, student assistant, or employee-in-training who had summer prepay insurance premiums deducted from your spring, 2024 paychecks, and you have had an employment or family status change, reach out to your benefits contact for information on how your insurance benefits and deductions may be affected.
What are Summer Prepay Deductions?
Summer prepay insurance premiums are deducted from spring paychecks to cover the cost of continuing insurance coverage through the summer months (i.e., contract break) and are in addition to regular biweekly insurance premium deductions.
What if Your Employment/Family Status Changes Over the Summer?
Employment Status: If your summer or fall 2024 employment status changes after summer prepays were deducted, you may receive deduction refunds. If you will be terminating employment and will not return in fall 2024, reach out to your benefits contact to determine your employment termination date and insurance coverage end dates.
Family Status: If you experience a family status change such as marriage, birth of a child, or divorce, reach out to your benefits contact for information on how your insurance benefits may be affected.
Note: Nine-month employees’ insurance premium deductions will resume on the September 5, 2024, paycheck.
Review the Universities of Wisconsin Employee Benefits Summer Prepay Insurance Premiums web page for information on:
- Employee eligibility for summer prepay deductions
- Which insurance plans have summer prepay deductions
- How employment or family status changes may affect deductions
