The University is committed to honoring and valuing the contributions of all faculty and staff, even after they have retired from their work with the University. Some retirees are eligible to participate in University-sponsored insurance plans in retirement and receive a subsidy on insurance premiums for self and family coverage. Eligibility depends on several factors.
Other plan changes, such as switching your medical or dental plan option and adding or removing vision coverage, can only be made during Annual Enrollment, which occurs in a two week period each fall.
Eligibility
Eligibility
Subsidy
How insurance premiums are subsidized by the University depends on the employee¡¯s access category, calculated by their age and years of service on December 31, 2017:
- Age plus service equals 80 or greater (access categories A&B): Percentage subsidy based on age + years of service on retirement date.
- Age plus service less than 80, but at least 5 years service (access category C): Fixed $100/year subsidy for every year of service to purchase University coverage; maximum of $2,500 annually.
Insurance Plan Options
If a retiree is eligible for University insurance, the medical plan options available to each covered individual (retiree and/or covered dependents) depend on that person¡¯s individual Medicare eligibility.
Retiree Medical Plan Options
Retiree Medical Plan Options
Medicare-Eligible Option
Medicare Advantage Base Plan
Features lower monthly premiums fixed copays for covered services and separate deductible and out-of-pocket limits between medical and prescription costs. Members may use any Medicare?participating provider at the same cost in or out of network, and the plan includes Medicare Part D prescription drug coverage.
Medicare-Eligible Option
Medicare Advantage Enhanced Plan
Comes with higher monthly premiums in exchange for predictable coverage with no deductible, no out?of?pocket limit, and $0 costs for covered services. Members may use any Medicare?participating provider at the same cost in or out of network, and the plan includes Medicare Part D prescription drug coverage.
Non-Medicare-Eligible Option
Retiree Healthy Savings Plan
Offered as an IRS-qualified high?deductible health plan with lower premiums and higher out-of-pocket costs for covered services. The plan has a single combined deductible and out?of?pocket limit for both medical and prescription expenses. Allows participation in a Health Savings Account (HSA).
Non-Medicare-Eligible Option
Retiree Health PPO
Structured as a traditional medical insurance plan with higher premiums and fixed copays for covered services. There are separate deductibles for medical services and prescription drug costs. Most covered expenses are paid out?of?pocket until each deductible is met, even when using in?network providers.
Other Insurance Plans
Other Insurance Plans
Estimate Premium Costs
Estimate Premium Costs
Those who retire after 01/01/18 and meet eligibility requirements to participate in University-sponsored insurance in retirement may use the estimator tool to estimate their insurance premiums.
Current retirees enrolled in insurance will receive an annual notice of premiums and may refer to their retiree paystub in myHR to view the most current deductions.
Enrollment & Making Changes
Enrollment & Making Changes
You can reduce or cancel your coverage at any time, except for the vision plan. Other changes, such as to vision coverage or switching medical plan options, are only allowed during Annual Enrollment during the fall. Learn more about the process and requirements for making adjustments to your coverage.
Notice of Nondiscrimination
If you speak another language, assistance services, free of charge, are available to you.
Call UnitedHealthcare at 1-844-634-1237 for translation assistance.
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