Guiding Principles for a New Benefits Program Design
FRIC Principles for a new benefits structure – Spring 2008
FRIC adopted guiding principles for a new benefit design:
- All staff must have basic life and long term-disability coverage at no cost.
- Single health and dental insurance is free.
- There is a University contribution towards the premiums for a spouse/partner and/or children health and dental insurance.
- Dual-employed couples at The University of Iowa receive free health and dental insurance policies under one employee.
- Dependent children are assigned only to one parent if both parents are employed.
- Everyone receives a general flex credit.