News
By Stephanie Kassab
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October 24, 2007
Come January, University employees will receive several new health care benefits. As part of an effort to increase the number of participants in the University's low-premium health care plan, the Board of Visitors also approved the reduction of low-premium prices and the increase of high-premium plan pricing.
Under these new provisions, for example, the monthly insurance rate for a family decreases from $129 to $116 under the low-premium option and increases from $290 to $299 under the high-premium option.
The low-premium plan, which is fairly new to the University, had 828 members in 2006 as opposed to the high-premium plan's 11,290 participants.
"We think the low-premium plan is a good deal for our employees and we're trying to encourage more people to take advantage of that," said Susan Carkeek, vice president and chief human resource officer.