Search

Accounting and Financial Reporting for Postemployment Benefits Other than Pensions’

The Group Insurance Board today reviewed trends in healthcare market consolidation and the impacts on the State of Wisconsin Group Health Insurance Program. The Board also discussed approaches for the coverage of weight-loss drugs.

This plan language is intended to be used with the state and local income continuation insurance manuals.

The program offers term life insurance coverage up to 5 times an employee's yearly pay for State of Wisconsin employees and local government employees whose employer offers the plan. Employees may also insure their spouses and dependent children.

The Board moved forward with the 5% increase to the employee premium rates effective April 1, 2024. For rates effective April 1, 2023 - March 31, 2024, please see Group Life Insurance Plan Monthly Rates (ET-2164).

The income continuation insurance ICI benefit is a voluntary “income replacement” benefit payable if you become disabled.

Enroll in health insurance or change your coverage.

Resolution for employers to join the ICI Program.

This manual is a reference source intended to aid employer administration of and participation in the State of Wisconsin Group Health Insurance Program.

This report presents the results of the annual actuarial valuation of benefit liabilities and costs of the State Income Continuation Insurance Plan as of December 31, 2007.