insurance
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insurance [2013/04/23 21:55] 127.0.0.1 converted to 1.6 markup |
insurance [2023/05/12 22:19] (current) theksong Add warning that this is out of date |
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| //Check your university-provided insurance: [[https://utdirect.utexas.edu/pnben/index.WBX|Current insurance/benefit coverage in UT Direct]]// | //Check your university-provided insurance: [[https://utdirect.utexas.edu/pnben/index.WBX|Current insurance/benefit coverage in UT Direct]]// | ||
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| + | | :!: **Caution:** This page is currently out of date due to the transitions away from UT Select to Academic Blue, as well as the transition to Workday. | | ||
| ===== Introduction ===== | ===== Introduction ===== | ||
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| ===== What's Available ===== | ===== What's Available ===== | ||
| - | For employees (TAs/AIs/GRAs), UT pays for your medical insurance, a small life insurance policy, and half of your spouse/child's insurance. | + | For employees (TAs/AIs/GRAs), **UT pays for your medical insurance, a small life insurance policy, and half of your spouse/child's insurance**. |
| For graduate fellows, the insurance costs need to come out of your fellowship funds (or your pocket). | For graduate fellows, the insurance costs need to come out of your fellowship funds (or your pocket). | ||
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| * Life Insurance | * Life Insurance | ||
| * "Flexible spending accounts" (where you can set aside money for medical and daycare expenses to be exempted from income tax.) | * "Flexible spending accounts" (where you can set aside money for medical and daycare expenses to be exempted from income tax.) | ||
| - | * Various accident/disability insurances | + | * Various accident/disability insurances: accidental death and dismemberment (AD&D) insurance, long-term disability insurance, short-term disability insurance, long-term care insurance |
| + | * Two retirement savings schemes: a "403(b) tax-sheltered annuity" plan, and a "457 deferred compensation plan". | ||
| ===== Annual Enrollment ===== | ===== Annual Enrollment ===== | ||
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| Being a GRA in the Spring can cause complications. If you leave UT for the summer, you will **not** have insurance and you will either need to get private insurance or use [[http://www.utexas.edu/hr/current/insurance/cobra.html|COBRA continuation coverage]]. If you do not use COBRA continuation coverage, then there is a break in your UT insurance. When you come back in the Fall, HR considers you to be a new hire again. Once again, you have 31 days to make your enrollment choices. If you ignore this enrollment, instead of maintaining the benefits from the previous year, you will now revert to the default coverages (no dental or vision). | Being a GRA in the Spring can cause complications. If you leave UT for the summer, you will **not** have insurance and you will either need to get private insurance or use [[http://www.utexas.edu/hr/current/insurance/cobra.html|COBRA continuation coverage]]. If you do not use COBRA continuation coverage, then there is a break in your UT insurance. When you come back in the Fall, HR considers you to be a new hire again. Once again, you have 31 days to make your enrollment choices. If you ignore this enrollment, instead of maintaining the benefits from the previous year, you will now revert to the default coverages (no dental or vision). | ||
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insurance.1366772140.txt.gz · Last modified: 2013/04/23 21:55 by 127.0.0.1
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