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Summary of 2017 Renewals, cont.
Life/AD&D and Disability Renewal
All Plans: Rates guaranteed through 12/31/2017
Basic Life/AD&D no rate change
Separated Basic Life and Basic AD&D in Custom to support
Severance continuation
STD:
Project/Prof: no increase, no plan changes
MB: no changes to self-insured plan
LTD:
Class 5 (MB) – Changed the Own Occupation definition from
12 months to 24 months and definition of disability from
“AND” to “OR” for roughly an 8% increase. No
change/increase to other classes.
Voluntary Life/Voluntary AD&D (Project/Prof):
No increase, no plan changes
MetLife Renewal
Voluntary Group Universal Life:
Management benefitted
No increase, no plan changes
AXA/CBA Accident (Turkey/Spain)
All guarantees contained in CBA covered in policy;
AXA issued endorsement stating same:
~Total (professional) disability by work related accident
~Total (professional) disability by non work related accident
~Total (professional) disability by illness
Rate reduction (due to current enrollment)
EAP – Aetna, Resources for Living
(domestic only)
Quoted Int’l (IEAP), higher than CGHB
No increase, no plan changes (domestic)
VOYA
Critical Illness
Hospital Indemnity
Accident
No increase, no plan changes
Healthiest You (tele-health)
Eligibility change: If medical is waived, cannot elect
as a separate benefit, per ACA guidance (removed
voluntary group)
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