The University of Tennessee participates in the state of Tennessee group health insurance plan. On Dec. 4, 2020, the State Insurance Committee governing the plan approved a medical premium holiday for June 2021. As a result of this decision, the medical portion of your group insurance premium will not be deducted from the first biweekly payroll on May 18 and the May monthly payroll (meaning, you will not be required to pay the May premium for that month). This will not affect your insurance coverage. The premium holiday is for the health insurance (BCBST & Cigna) premiums only and will not include voluntary benefits. Premiums for dental, vision, voluntary life and disability will still be collected for June. For more information, please visit https://payroll.tennessee.edu/2021/05/04/health-insurance-premium-free-holiday/.
The savings for the month can range from $60 to $432 less taxes, depending on the plan.
We hope you will enjoy this added benefit in your May paycheck! If you have any questions, please contact email@example.com.