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Retiree benefits overview

In 2018, retiree insurance eligibility and subsidy criteria for future retirees will change. Learn more ...

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. We offer several insurance options to our retirees and their dependents. 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.

I am a retiree or a dependent of a retiree who is not yet eligible for Medicare

Medical insurance:
- Healthy Savings Plan
- Retiree Health PPO Plan
Dental insurance
Hearing
Life
Vision
- Insurance
- Discounts

I am a retiree or a dependent of a retiree who is eligible for Medicare

Key documents related to retiree insurance

Retiree Benefits Change Form (PDF, 108KB) - This form packet also includes the "Retiree Beneficiary Designation Information" form (for Basic Life, Supplemental Life, and Accidental Death and Dismemberment)
What You Need to Know About Your Medicare Advantage Plan: 2017 Plan Guide (SPD- and SBC-related information included within) (PDF, 1.6MB)
- This guide replaces what was, in past years, called the Summary Plan Description (SPD) for the Medicare Advantage plans.
- 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):
- 2017 medical plan SPDs
  - Healthy Savings Plan SPD (PDF, 1.26MB)
  - 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 (PDF, 1.26MB)
- All SPDs ...
All forms and guides related to retiree benefits ...

Eligible employees receive a subsidy from the university to help pay for university health insurance once the employee retires. The subsidy is a percentage of the total monthly premium and differs based on an employee's age, years of service, etc. To estimate your percentage subsidy, use the premium estimator. Note: Starting on 01/01/2018, only employees in categories A and B will receive the percentage subsidy.

Reviewed May 17, 2017.

Retiree benefits overview

Insurance & discounts

Employee support

Compensation

Retirement

Wellness

Strategic initiatives

Self service

Plan contacts

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