Retiree Medical Plan for Eligible Retirees
The University offers eligible faculty and staff the opportunity to participate in the Retiree Medical Insurance Program upon retirement. To be eligible you must retire directly from active employment at age 55 or older with at least 15 years of full-time service or at age 62 or older with at least 10 years of full time service, and have medical coverage at the time of retirement under a University medical insurance plan. In addition, at least 10 such years of full-time service must be attained after age 45 in order to be eligible. Spouses of eligible retirees are eligible for medical coverage only if they were covered by a University medical insurance plan at the time of retirement. Depending on your age at retirement, under age 65 or 65 and over, you will be provided with the details about the medical insurance plan(s) available.
In circumstances where the retiree and his or her spouse are eligible for different medical programs based on age, they will be covered under different medical plans. For instance, if you are under age 65, you will be covered by an early retiree plan; if you are age 65 or over and eligible for Medicare, you will be covered under the Medicare Supplemental Plan.
After receiving coverage, if you decide to end your retiree medical insurance benefits with the University, you will not be eligible to re-enroll in the future.
If you are under the age of 65 and are disabled (and enrolled in Medicare Parts A and B) you must enroll within 30 days of becoming eligible for Medicare Part A and Part B.
Retiree Medical Plan for Medicare Eligible Retirees
The University of Notre Dame contributes to a personal Health Reimbursement Account (HRA) for each retiree and their eligible spouse. Retirees use this account to be reimbursed for the cost of supplemental coverage they purchase in the market. Retirees will be provided the service of an external benefit advisor, Aon Retiree Health Exchange (Aon), to learn about and enroll in the available programs in the local market. These advisors are trained, licensed and certified consultants who will help retirees make decisions about the appropriate plan for them.
Any retiree or spouse of a retiree who is not yet eligible for Medicare will continue to have the opportunity to participate in one of the University’s medical plans as they currently do.
What is an HRA? How does it work?
An HRA is a Health Reimbursement Account. The university will allocate $750 annually ($62.50 per month) for an individual and $1500 annually ($125 per month) for an individual and spouse to use as reimbursement for the cost toward their Medicare Supplement premiums. This amount is prorated based upon time of enrollment during the year.
What type of expenses can the HRA be used for?
The HRA may be used for reimbursement for the cost toward their Medicare Supplement, dental or vision premium. Medicare B premiums are not reimbursable.
Are spouses eligible?
Spouses over the age of 65 are eligible.
Will this impact a spouse’s Meritain insurance if he/she is not yet 65?
If a spouse is not yet 65, he/she will be eligible to remain on the Meritain under 65 plan until the age of 65 is attained.
How much is the reimbursement? Does the retiree always get the full amount?
The reimbursement is up to $750 for an individual and up to $1500 for an individual and spouse annually. These amounts will be prorated based on time of enrollment during the year.
Are retirees required to work with Aon?
Retirees are not required to work with Aon.
If a retiree works with another agent or family member to set up their Medicare Supplement plans, what then? How do they get reimbursed? What proof is needed?
Retirees are eligible for the amount allocated in their HRA. The retiree will need to submit proof of purchase of a Medicare Supplement plan to Aon. If the retiree works with someone other than Aon, they will not have the advocacy service offered through Aon.
What if the retirees are having claim issues, do they work with Medicare or Aon?
If the retiree has enrolled in a program through Aon, retirees may contact the advocacy service provided through Aon.
How often will retirees be reimbursed? What documentation is needed for them to be reimbursed?
If the retiree is working through the advocacy program through Aon, he/she can be set up with the assistance of Aon for automatic debit from his/her bank account for payment of the Medicare Supplement plan. Aon will automatically deposit the allocated HRA money monthly into the retiree’s account.
Do retirees have an option of direct deposit or an actual check?
Yes. The retiree will be billed directly by the insurance company and can be set up for either direct debit to pay the premium or pay by check. The retiree may also be set up for direct deposit of the HRA amount.
What is the process at turning age 65 for retiree’s/spouses who are on the Meritain under 65 plan? (Current birthday letter) Are all communications handled through/by Aon?
The University will be sending files to Aon and they will be notified months in advance of a retiree turning 65. They will then send information to the retiree.
How are spouses of deceased employees who meet the eligibility requirements handled?
The spouses will be eligible for this plan if over the age of 65. If under 65, the spouses will be eligible for the pre-65 plan. A spouse will be eligible for $750 annually for reimbursement for the cost of premiums. Upon the death of a retiree, any unused HRA balance will be transferred to the surviving spouse.
Is there a ND/Aon website page? Will it be hosted by ND or Aon?
Yes. It is hosted by Aon Retiree Health Exchange. Click here.
Will other types of insurance plans be reimbursable? Dental? Vision?
Medical, dental and vision premiums will all be reimbursable.
- Aon Retiree Health Exchange (formerly AON Hewitt Navigators) Medical Insurance Guide (PDF)
- Aon Retiree Health Exchange (formerly AON Hewitt Navigators) Individual Medicare Carriers (PDF)
Early Retirees (under age 65) Pre-Medicare
- Early Retiree Meritain Select HMO
- Early Retiree Meritain CHA
- Early Retiree Meritain Health PPO
- “Early Retiree Medical Plan Summary”
- Retiree Benefits Election Termination – contact askHR at 574-631-5900 to request form.
- Prescription Drug Coverage for Pre-Medicare Plans
Retiree Life Insurance
The University offers eligible faculty and staff the opportunity to purchase a Group Term Life Insurance policy through Securian. To be eligible for life insurance, employees must have five (5) or more years of service with the University and must be insured under the University’s group policy immediately prior to retiring.
The coverage amount is $5,000. The retiree may not elect coverage at a later date if coverage is declined at the time of retirement. After receiving coverage, if the retiree decides to end his/her retiree life insurance benefit with the University, the retiree will not be eligible to re-enroll in the future. Retirees receiving pension payments from the Notre Dame Pension plan will have premiums deducted from their monthly pension. All other retirees will receive an annual premium statement and request for payment. Retired employees designate a beneficiary when coverage is elected.
The University expects to continue these plans, but since future conditions affecting the University cannot be anticipated or foreseen, the University must necessarily and does hereby reserve the right to amend, modify, or terminate these plans at any time.
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