Changes to salaries and health plan in FY17
June 29, 2016
The University of Alaska statewide released details on salary increases and health
plan updates in FY17 that include the following:
- Salary increases for non-represented staff will be applied as both step movement and salary grid increase for fiscal year 2017. The 2.5 percent salary adjustment will be effective July 10, 2016. Employees will see a change in their salary in the Aug. 5, 2016 paycheck.
- The staff salary grid will increase 1.5 percent and one step will be applied. This is equivalent to the 2.5 percent salary increase for FY17 approved by the Board of Regents. For those employees that are on step 55, the base salary will increase 1.5 percent and 1 percent will be given in a one-time lump sum payment. Those employees placed at a step 0 will be given a one-time lump sum payment equivalent to the 2.5 percent.
- UA Choice health plan participants will see an increase in the allowable cost paid to out-of-network providers beginning July 1. Premera allows self-insured clients such as the university to pay based upon Medicare rates. In an effort to encourage more providers to join Premera’s network, the allowable cost for out-of-network providers was reduced during FY16 from the 80th percentile of Alaska billed charges to 125 percent of Medicare charges for a procedure. With the start of the new fiscal year the allowable cost will increase to 200 percent of Medicare rates. More details are available here.
More information on these items and other news are available in the Statewide Voice.