The Retiree Healthy Savings Plan is available to retirees and their dependents who are not yet eligible for Medicare.
2020 Retiree Healthy Savings Plan
Your share of insurance premiums is determined by a formula that considers your age and years of service at retirement and the program under which your benefits are payable. If you are looking for an idea of what premiums would be for your particular circumstances, use the retiree insurance premium estimator. For additional details, see the Summary Plan Description (SPD) for the Retiree Healthy Savings Plan.
The Healthy Savings Plan has one deductible that combines both medical and prescription drug costs.
Healthy Savings Plan- Annual deductibles, 2020
|Medical and Rx (combined)||$1,500/self*; $3,000/family*||$3,000/self*; $6,000/family*|
*Considerations for “self” and “family” are different for the Healthy Savings Plan than for the Retiree PPO Plan. Visit the glossary for details.
The Retiree Healthy Savings Plan has one out-of-pocket limit that combines both medical and prescription drug costs.
Healthy Savings Plan- Annual out-of-pocket limits, 2020
|Medical and Rx (combined)||$3,000/self*; $6,000/family*||$6,000 or more/self*; $12,000 or more/family*|
*Considerations for “self” and “family” are different for the Healthy Savings Plan than for the Custom Network Plan and PPO Plan. Visit the glossary for details.
To estimate prescription costs, visit Express Script's prescription cost estimator tool (exit UM System site) for UM System medical plans. Select the plan year and health plan you wish to review; then, select "price a medicine" and type in the medicine's name. You will be prompted to select the strength, form, quantity and frequency for the presciption to estimate the cost covered by the plan and the cost to you.
Healthy Savings Plan-Prescription drug out-of-pocket cost, 2020
|Prescription drug: Retail (formulary generic, formulary brand, or non-formularly brand)||10% after deductible||30% or more after deductible|
|Prescription drug: Mail (formulary generic, formulary brand, or non-formularly brand)||10% after deductible||30% or more after deductible|
Annual University contribution to Health Savings Account
Retirees do not receive University contributions toward an HSA, but you may set up an HSA account if you are not enrolled in another insurance plan, including Medicare. If you meet the eligibility requirements, you may contribute your own after-tax money to the HSA. Visit the understanding your HSA webpage to learn more.
You may choose to visit either in-network or out-of-network doctors and other providers. Your costs will be lower, however, when you select in-network providers. Provider directories may be accessed on the plan contacts webpage.
Many health plans include preventive care services, such as various screenings, vaccinations, and well-woman visits, at no out-of pocket cost. Read about women's preventive healthcare or learn more about UHC's preventive care guidelines (exit UM System site).
- 2020 Retiree Healthy Savings Plan SBC
- 2020 Retiree Healthy Savings Plan Summary Plan Description (SPD) Please note that, except for the specific information pertaining to the allowable/eligible expenses when using an out-of-network provider, information in the 2020 SPD for each plan may vary from information in the 2019 SPD.
- Medical claim form
- 2020 preferred prescription drug formulary
- 2020 specialty drug list
- Prescription FAQs
- Understanding your HSA
- Full list of forms and guides about medical insurance…
*In the event of a difference between this webpage and the plan document or summary plan description, the plan document and plan description prevail.