HR, Payroll and Benefits News

Updated State Group Life Insurance Premiums Effective April 1, 2023
March 20, 2023

State Group Life Insurance premium rates will increase for most age categories effective April 1, 2023. There is no change to the premium rates for Spouse and Dependent coverage.

View Your Updated Premium
Employees who are currently enrolled in the State Group Life Insurance program can view their updated 2023 premium in their Personalized State Group Life Insurance Premium Notice. Any change in premium will be reflected on the March 23, 2023, paycheck.

Annual Premium Update
In addition to the premium rate increase, your State Group Life Insurance premium may also change effective April 1, 2023, if either or both your age category and salary have changed since April 1, 2022. Coverage levels are based on:

The UW System contributes towards the cost of your State Group Life Basic and Supplemental Insurance coverage. You pay the full cost of Additional, Spouse and Dependent coverage.

Review the 2023 State Group Life Insurance premiums.

For general plan information, review the UW System Employee Benefits State Group Life insurance web page. If you have questions after reviewing the available information, contact your institution benefits contact.


Source: UW System Human Resources
Categories: Insurance