Your Cost
Depending upon your medical plan choice and your retiree status, you may pay nothing, part of the cost, or all of the cost for your coverage.

Two Ways To Pay Your Share of the Cost
There are two ways for you to pay your share of the cost of your medical insurance premium:

(1) by an Electronic Funds Transfer, or
(2) by personal check or money order.

Cash payments cannot be accepted.

1. Electronic Funds Transfer
The UM Payroll Office offers an Electronic Funds Transfer, or EFT, option. Under this program, if you have a monthly medical insurance premium, it can be automatically deducted from your checking or savings account each month. The withdrawal will occur on the 20th of each month to pay for coverage for the following month. There is no charge for this service; however, your financial institution may impose a fee if there are insufficient funds in your account when the withdrawal is made.

To set up the Electronic Funds Transfer, download the form Agreement For Preauthorized Benefit Premium Payments (PDF) from the Payroll Office Web site, or contact the HR/Payroll Service Center at 734-615-2000 or toll-free at 1-866-647-7657 to request an application. Fill in the information requested on the form and if the funds are to be taken from a checking account, attach a blank check with "void" written across it.

The form must be received no later than the 1st day of the month for the withdrawal to take effect that same month (to pay for coverage for the following month). For example, the Payroll Office must receive the form no later than December 1 for the withdrawal to take effect December 20, the due date for the January premium. You should send in a check if you will not be able to make this deadline.

If you wish to cancel an Electronic Funds Transfer, or change the account or financial institution from which the withdrawal is taken, you must complete another form and return it to the Payroll Office by the 1st day of the month for it to take effect that calendar month.

2. Personal Check or Money Order
If you have a medical insurance premium, you will receive a monthly payment coupon in December. If you want to pay your part of the premium by check or money order, make it payable to "University of Michigan" and mail it with your payment coupon to the following address:

University of Michigan - Payroll
Box 223081
Pittsburgh, PA 15251-2081

Call the HR/Payroll Service Center if you do not receive your payment coupons by the end of December.

Please Note: The University of Michigan will attempt to notify you when a premium payment is overdue. If after multiple attempts a payment is not received, then the insurance will be cancelled.