Latest benefits news
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In early 2017, employees will again receive an IRS form to assist with their income tax returns—1095-C: Employer Provided Insurance Offer and Coverage. Normally, this IRS information statement, which reports health coverage information from the preceding calendar year, is furnished by Jan. 31. However, for the 2016 forms, the IRS announced that employers have until […]
State-sponsored plans There will be rate changes to state plans effective 1/1/2017. Health insurance employee contribution amounts are unchanged for full-time employees. Health Insurance plan costs are increasing for part-time employees due to the increase in UF’s employer contribution and employee cost sharing based on FTE. Supplemental plans will have small rate increases. Note: Premium […]