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.
Have you heard about the Wisconsin Public Employers (WPE) Income Continuation Insurance Program? This program is authorized by the Group Insurance Board and available to local employers participating in the Wisconsin Retirement System.
The ICI plan provides replacement income for disabilities which are considered short term in nature as well as those which may last for extended periods.
A tool for an employer to confirm information was presented to a new employee, due dates identified and appropriate information and forms supplied for all ETF-administered benefits offered by the employer.