Result of Joint Pay & Benefits Meeting
Result of Joint Pay & Benefits Meeting
September 19, 2016
In keeping with GUC's Three Year Strategic Plan, it was the consensus of the GUC Board to move forward with recommendations from the Joint Committee on Pay and Benefits.
Board recommendations for 2017 are as follows:
- Maintain current plan options (HSA, Core, and Enhanced);
- Increase cost share for Core and Enhanced plans;
- Continue the "first-year incentive" HSA seed bonus for new HSA enrollees ($250 for individual coverage and $500 for family coverage)to encourage migration to the HSA; and
- Introduce a buy-up dental option so that employees can choose the level of coverage that best addresses their needs, with the employee paying the price difference.
Additional information will be provided at the upcoming Open Enrollment meetings. If you have questions, please contact your supervisor or the Human Resources Department.