Your SPD contains several sections specifically designed for individuals who are continuing SHBP coverage after termination of employment with an employer that offered SHBP coverage, or who are enrolled as a surviving spouse or child of an annuitant. Although commonly referred to as “retirees,” there are important distinctions between those who continued coverage with an immediate annuity, those enrolled as survivors of annuitants, and those who continue coverage through extended coverage rules. In addition, there are many active employees enrolled in the SHBP who do not have a right to continue coverage after employment except for temporary COBRA continuation. Please see Plan Documents for SPDs, rate resolutions, and annuitant subsidy policies. More generalized information can be found under Health Plans and Programs and in the Retiree Decision Guide included below.
Retirees without Medicare may choose from among the Wellness Plan Options (i.e., non-Medicare Advantage plans only) or Standard Plan Options offered as a Health Reimbursement Arrangement (HRA), High Deductible Health Plan (HDHP), or Health Maintenance Organization (HMO) Plans. Each plan option is administered by Cigna or UnitedHealthcare and offers varying benefits, premiums, co-pays and deductibles.
Retirees with Medicare may choose to enroll in Medicare Advantage (MA) Plans with Humana (through an Alliance with Cigna) or UnitedHealthcare.