Non-Medical Premium Rates (Food Services)
Non-Medical Premium Rates (dental, vision, life insurance, and long-term disability) for Food Services, effective January 1, 2022.
Semimonthly Payroll Deductions
Plan | Single | Two-Party | EE + Spouse | EE + Child(ren) | Family |
---|---|---|---|---|---|
Davis Vision | $1.73 | $3.29 | — | — | $4.84 |
Delta Comprehensive Dental | $9.08 | — | $20.88 | $22.71 | $37.04 |
Delta Basic Dental | $4.33 | — | $8.67 | $9.12 | $15.11 |
Plan | Single | Two-Party | EE + Spouse | EE + Child(ren) | Family |
---|---|---|---|---|---|
Davis Vision | $1.31 | $2.47 | — | — | $3.63 |
Delta Comprehensive Dental | $6.81 | — | $15.67 | $17.03 | $27.79 |
Delta Basic Dental | $3.25 | — | $6.51 | $6.84 | $11.33 |
Plan | Single | Two-Party | EE + Spouse | EE + Child(ren) | Family |
---|---|---|---|---|---|
Davis Vision | $0.87 | $1.65 | — | — | $2.41 |
Delta Comprehensive Dental | $4.53 | — | $10.44 | $11.35 | $18.52 |
Delta Basic Dental | $2.16 | — | $4.33 | $4.56 | $7.55 |
The Standard Life and AD&D Insurance
Coverage is available in increments of $10,000 from $10,000 up to $400,000. Please see the Dependent Life Worksheet for Dependent Life Insurance Options.
Additional Life Coverage Age Bands | Rates per $1,000 Coverage |
---|---|
<30 | $0.042 |
30-34 | $0.057 |
35-39 | $0.065 |
40-44 | $0.072 |
45-49 | $0.113 |
50-54 | $0.151 |
55-59 | $0.275 |
60-64 | $0.419 |
65-69 | $0.789 |
70+ | $1.273 |
How to Calculate Rates
To calculate your Life bimonthly payroll deduction, follow these steps:
- Enter the amount of coverage
- Divide by 1,000 (for the number of units of $1,000)
- Multiply by the rate for Employee's age group to get the Employee Life Insurance total bimonthly premium
- Multiply total premium by employee cost share of 50%
For example: $100,000 Coverage, Age 46
- Calculate the Units: $100,000 (Amount of Coverage) divided by $1,000 = 100 Units.
- Calculate the Premium: 100 Units x $0.113 (Rate for Age Band 45-49) = $11.30
- Calculate the Employee Cost Share: $11.30 x 50% = $5.65 bimonthly
The Standard Long-Term Disability
Coverage | Rates |
---|---|
60% | $0.171 |
How to Calculate Rates
To calculate your Long-Term Disability bimonthly payroll deduction, follow these steps:
- Enter Contracted Annual Salary but not more than $100,000
- Divide Salary by 12 to get Monthly Salary
- Divide Monthly Salary by 100
- Multiply by plan rate
- Multiply total premium by employee cost share percentage
- 40% – if you earn $45,000 or more
- 30% – if you earn $39,500 to $44,999
- 20% – if you earn less than $39,500
For example: $45,000 Yearly Salary, 60% Coverage
- Calculate Monthly Salary: $45,000 (Yearly) divided by 12 = $3,750 (Monthly)
- Calculate Units: $3,750 (Monthly) divided by 100 = $37.50 Units
- Calculate Plan Rate: $37.50 Units x $0.171 = $6.40 Plan Rate
- Calculate Employee Cost Share: $6.40 x 40% = $2.56 bimonthly