Open enrollment for the College Insurance Plan is May 1 to May 31, 2013. If you are a retiree who would like to enroll in this health insurance plan for you or your spouse or your dependent, this opportunity only comes once per year each May. The College Insurance Plan provides health, dental, vision, and prescription coverage for SURS retirees. For more info and rates, the web site is: www.benefitschoice.il.gov.
MEDICARE DATES:
October 1 – 14, 2012: Pre-enrollment.
Compare your plan options, so you’ll be ready to enroll by October 15.
October 15 – December 7, 2012: Annual Election Period (AEP)
If you’re eligible, you can enroll in Medicare health benefits such as Medicare Advantage plan with or without Prescription drug coverage, or you can enroll in a stand-alone prescription drug plan.
January 1 –February 14, 2013: Annual disenrollment Period (ADP)
Medicare advantage plan members can return to Original Medicare and can enroll in a stand-along drug plan. You will no longer be able to switch Medicare Advantage carriers during this time.
February 15 – October 14, 2013:
You are not allowed to make a plan change unless special circumstances arise (e.g., you move, you qualify for or lose eligibility for Medicaid).
Note: this information does not apply to Medicare Supplement/Medigap plans.
Medicare Part B premiums. The Center for Medicare & Medicaid Services has announced that Medicare Part B premiums in 2013 will be $104.90, and the Part B deductible will be $147. Part A Deductible is $1184 for 2013. Note that Part A and Part B premiums are on a sliding scale depending on income.
Individuals who did not pay into social security or have some quarters (now known as credits) may receive Part A and B, but it is more expensive. Speak to your local Social Security Office.