Retiree benefits overview
Eligibility
Employees who retire on or after January 1, 2018, are eligible for retiree health insurance if they: were employed in a UM System benefit-eligible position on December 31, 2017; reached at least five years of vesting service as of December 31, 2017; and reach at least 60 years old by retirement date; and accrue at least 20 years of creditable service to the UM System by their retirement date.
The retiree health insurance benefits employees are eligible for depend upon the Access Category in which they were placed as of December 31, 2017. Find your access category by using the access calculator on the website for the Total Rewards Advisory Committee (TRAC) or use the eligibility chart (PDF 110KB).
Insurance Options
The University is committed to honoring and valuing the contributions of all faculty and staff—even after they are no longer actively employed with the UM System. UM retiree health insurance eligibility and subsidy criteria depend on several factors. For more information, review the eligibility section.
We offer several insurance options to our eligible retirees and their covered dependents. Please note, your Medicare eligibility determines your eligibility for some plans—meaning you are eligible for the insurance only if you are eligible for Medicare (65+) or not yet Medicare-eligible (pre-65).
Click on one of the following plans you’re interested in.
- Medical insurance:
- Dental insurance
- Life
Vision
* If coverage consists of members (retirees or dependents) who are both Medicare-eligible and non-Medicare-eligible, each covered individuals medical plan eligibility is based on their individual Medicare eligibility.
- Medical insurance:
- Dental insurance
- Life
Vision
* If coverage consists of members (retirees or dependents) who are both Medicare-eligible and non-Medicare-eligible, each covered individuals medical plan eligibility is based on their individual Medicare eligibility.
- Retiree Benefits Change Form - This form packet also includes the “Retiree Beneficiary Designation Information” form (for Basic Life, Supplemental Life, and Accidental Death and Dismemberment)
- Your Medicare Advantage Plans Explained - UHC provides a short highlights booklet about the Medicare Advantage Plans.
- What You Need to Know About Your Medicare Advantage Plan: 2018 Plan Guide (SPD- and SBC-related information included within)
- The Summary of Benefits and Coverage (SBC) information is included in this guide. See pp. 19-40.
What You Need to Know About Your Medicare Advantage Plan: 2018 Plan Guide (SPD- and SBC-related information included within)
- The Summary of Benefits and Coverage (SBC) information is also part of this guide. See pp. 6-7 and 17-28.
- Other Summary of Benefits and Coverage (SBC) documents
Summary Plan Descriptions (SPDs):
- 2018 medical plan SPDs
- Healthy Savings Plan SPD
- Medicare Advantage Base Plan—see “What You Need to Know About Your Medicare Advanage Plan” referenced above
- Medicare Advantage Enhanced Plan—see “What You Need to Know About Your Medicare Advanage Plan” referenced above
- Retiree PPO Plan
- All SPDs ...
- 2018 medical plan SPDs
- All forms and guides related to retiree benefits ...
Those who retire after 1/1/18 and meet eligibility requirements to receive retiree health insurance may use the premium estimator to estimate their insurance premiums in retirement. Note: As of 1/1/18, only employees in categories A and B receive the percentage subsidy.
Reviewed August 20, 2018.
Woodrail Centre
1000 W Nifong
Building 7 - Suite 210
Columbia, MO 65211-8220
(573) 882-2146
(800) 488-5288
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