ETF has released two new recorded webinars for employers focused on the ICI Program. The two webinars cover topics including benefit amounts, eligibility, enrollment options, filing claims, employer errors, and more.
Based on the improved financial position and strong investment results, the ICI premium rates for 2022 will decrease by 50%. See the premium rate charts in the ICI employer section of the ETF website.
The GIB has approved changes to the ICI Program that will consolidate the separate standard and supplemental coverage levels into a single coverage level in February 2024.
Effective February 1, 2024, the ICI Program will consolidate its standard and supplemental coverage levels into a single level of coverage for earnings up to $120,000.
The Group Insurance Board has approved changes to the Income Continuation Insurance (ICI) Program that will expand coverage to employees aged 70 and over. This change will go into effect May 1, 2023.
The changes consolidate the separate standard and supplemental coverage levels into a single coverage level. The goal is a simplified program that is easier to understand and administer.
ETF has selected Benefitfocus as the new insurance administration system. Benefitfocus offers a single, cloud-based solution that personalizes the enrollment experience and streamlines benefits administration for more than 239,000 members.