Frequently Asked Questions

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RETIREMENT 



GENERAL RETIREMENT QUESTIONS


  • Should I continue the medical plan coverage I have with Emory during my retirement?

The choice is yours. If you are a Pre-65 retiree you have the option of choosing not to enroll for Retiree Medical coverage. You may instead enroll under your spouse’s active medical plan if applicable or consider coverage through the Healthcare Exchange. If you choose to not enroll or discontinue your medical plan coverage through Emory, you will not be able to re-enroll at a later date. If you were hired prior to January 1, 2003, you will also lose the option for the Post-65 subsidy into the Health Reimbursement Arrangement Account (HRA) if you are not enrolled in Emory’s active employee plan when you retire or are not transitioning from the Pre-65 Retiree Medical Plan.

  • I plan to continue the Pre-65 Retiree medical plan coverage during my retirement. What happens if I move outside of Georgia?

Within the U.S. - If you or your covered dependents live outside of the State of Georgia, you may use any providers in the Aetna National network (In-Network) available at www.aetna.com/docfind/custom/emory. Services provided by an Aetna National network provider will be paid at the Emory Healthcare Network (EHN) level which provides the maximum benefit available under the plan, with lower co-pays, con-insurance and deductibles. International – if you live or travel extensively outside the U.S., only coverage for emergency care is provided In-Network. Routine care will be covered at the Out-of-Network level. Note: If you will be covered under Original Medicare and covered under a Medical Supplemental Plan, please check with your plan provider to assure you will have adequate coverage at lowest out-of-pocket expense while living outside of the state of Georgia.

  • Will the cost of medical plan coverage be subject to increases? If so, how will I know?

If you are enrolled in the Pre-65 Retiree medical plan changes in premiums will only occur once a year. However, the cost of your coverage is always subject to change depending on the claims of the group. If there is a change in the cost or coverage, you will be notified by mail. Therefore it is very important that the Benefits Department always has your correct and current mailing address. If you are enrolled in Medicare Part B you will be notified by the Social Security Administration of any change in the cost by mail. The insurance carrier for your Medicare Part D Prescription Plan or Medical Supplemental Plan will notify you of any change in premiums by mail. It is a good idea to review your plan costs annually during Medicare’s Annual Enrollment Period which is typically October 15-December 7.

  • Am I guaranteed medical plan coverage as long as I continue to pay the cost for coverage?

The health care benefits continued at retirement are not guaranteed to be the benefits for Pre-65 or Post-65 retired employees and their dependents in the future. Emory reserves the right to terminate the plan and to terminate any class of employees, including retired employees and their dependents, as eligible person for plan benefits.

  • When my covered spouse or I become covered by Medicare, will the cost of my medical plan change?

If you or your covered spouse becomes eligible for Medicare, he or she will transition from the Pre-65 Retiree Medical Plan and will be eligible for the Post-65 Retiree Plan as long as the retired person was hired prior to January 1, 2003. The retiree or spouse who remains on the Pre-65 Retiree Medical Plan will have a reduction in premium to the Retiree Only coverage level.

  • If I die while enrolled in Retiree Medical Coverage, will my spouse be able to continue coverage?

Yes, as long as the plan continues and your spouse was covered at the time of your death and the required premiums were paid; he or she will be eligible to continue coverage based on your eligibility for the plan.

  • Can I add dependents to my retiree medical plan after I retire?

No, the Pre-65 and Post-65 Retiree medical plans do not allow retirees to add dependents after enrolling in the plan.

  • If I do not enroll in the retiree dental plan offering for this year, can I enroll at a later date?

Yes. Retirees have the opportunity to select this coverage during each year’s Annual Enrollment period.

  • Does Medicare provide dental coverage?

No, Medicare does not offer dental coverage; you will need to elect the Retiree Dental Plan offered by Emory or you may choose to consider plans offered through OneExchange if you are a Post-65 Retiree.

  • How can I continue vision coverage when I retire?

If you are enrolled for the vision plan when you retire, you may continue coverage through COBRA. You may only enroll in the Retiree Vision Plan during Annual Enrollment each year. Premiums for the entire year must be paid in advance at the time of enrollment and you will not be allowed to cancel coverage during the year.

  • When should I start receiving Social Security Retirement Benefits?

Your decision is a personal one that will require careful considerations. Benefits can begin as early as age 62 or as late as age 70. Please contact the Social Security Administration at 800-772-1213 or make an appointment at your local Social Security Office. Information is also available on the Social Security Administration website at www.ssa.gov.  

  • Can I still work and receive Social Security benefits?

Yes, you can continue to work while receiving Social Security benefits. When you reach your full retirement age, you can work and earn as much as you want and still get your full Social Security benefit payment. If you are younger than your full retirement age and if your earnings exceed certain dollar amounts, some of your benefits payments during the year will be withheld. Please contact the Social Security Administration for more information.

  • When should I apply for Medicare?

You should apply for Medicare at least 3 months prior to your 65th birthday. In most cases Part A coverage is at no cost to you. However, Part B has a monthly premium. If you are actively employed, you may delay enrollment in Part B until you retire. Please contact Social Security at 900-772-1213 or visit their website at www.ssa.gov for additional information.

  • Where can I get more information about Social Security and Medicare?

The following publications may useful in providing additional information about Social Security and Medicare. The may be obtained at any Social Security office or by calling 800-772-1213. You can also view these publications on the Social Security Administration web site at www.ssa.gov.  For Medicare publications, contact the Medicare Office at 800-633-4227, or view them on the Medicare web site at www.medicare.gov.  All publications are provided at no cost.
• Retirement Benefits - How Work Affects Your Benefits (Publication No. 05-10069)
• Social Security - Understanding the Benefits (Publication No. 05-10024)
• Medicare (Publication No. 05-10043)
• Medicare and You (Publication No. CMS 10050)
• Medicare and Other Health Benefits - Your Guide to Who Pays First (Publication No. CMS 02179)
• Your Medicare Benefits (Publication No. CMS 10116)

  • What happens to my retiree benefits if I return to work at Emory?

Retirees who are rehired at Emory University who work at least 20 hours per week will be able to enroll for active employee benefits with the exception of Short-Term and Long-Term Disability. If you work less than 20 hours per week, your retiree benefits will continue. If you were previously enrolled in the Post-65 Retiree Plan, contributions to the HRA will stop until your active employment status ends regardless to the number of hours you work.