Read about the plan changes for 2015 and review the rates.
Benefits Enrollment Guide
Learn more about the health benefits available to you as a University of Minnesota retiree.
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Eligible faculty and staff who are retiring from the University may continue medical and dental coverage through the University at their own expense. Coverage is available to employees who retire:
Dependents who are covered at the time of retirement may also continue coverage.
If your spouse also works at the University, you may be added to that individual's coverage as a dependent. After your spouse retires, each of you would then have single retiree coverage.
If you decide not to continue coverage when first eligible as a retiree, you and your dependents lose any opportunity to re-enroll in the University's medical or dental plans in the future.
You are encouraged to complete all of the paperwork necessary to continue your medical and dental coverage two to three months prior to your retirement. For assistance, contact the Employee Benefits Service Center to schedule an appointment with a benefits counselor.
If you or your spouse are age 65 or over and eligible for Medicare, you must be enrolled in Medicare Part A and Part B to participate in the University program.
If you and your spouse or dependents are either all under age 65 or all over age 65, you must enroll in the same age-appropriate plan. If you are in different age groups (one is under age 65 and one is age 65 or over), you must select plans appropriate by your age group.
You may continue your current group term life insurance for 18 months under COBRA continuation provisions. This includes basic life insurance and any additional coverage for yourself, your spouse, and children. You have an option to convert to an individual whole life policy at the end of the 18-month continuation period.
If you have long-term care insurance, you may continue coverage by paying the premiums directly to the company from which you purchased the coverage — either John Hancock or CNA.