Important changes have been made to the state and local Income Continuation Insurance Programs that will expand coverage and benefits to employees aged 70 and older, effective May 1.
Employers must issue this notice to employees within 14 days of becoming aware of a qualifying event that will cause an employee to lose eligibility to participate in the FSA or limited purpose FSA program(s).
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.
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 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.
This application is intended for insured employees who are terminating private pension employment, who may qualify to continue life insurance coverage.
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.