Denver Employees Retirement Plan

Description

: The 2010 health insurance rates are listed in this web site. These rates are effective January 1, 2010. The following rates represent the full monthly premium and do not reflect the health insurance premium reduction benefit. Health/Dental/Vision Insurance Enrollment Form The enrollment form for Health/Dental/Vision insurance is a fillable form. Please fill out your form online, then print and sign it before mailing it to the Plan. IMPORTANT UPDATE ABOUT AETNA HEALTH AND ANTHEM SMARTVALUE. PLEASE READ THE FOLLOWING: As you know, the Denver Employees Retirement Plan (The Plan) conducts its annual Open Enrollment for health, dental, and vision insurance during the month of October. Open Enrollment is the time when members may add, delete, or change their insurance options. Eligible dependents may also be added at this time. All changes made during Open Enrollment will be effective January 1, 2010. Enclosed is information describing the options and rates for health, dental, and vision insurance for 2010. There are two major changes that the Plan would like to bring to your attention regarding your options. For our non-Medicare-eligible retirees, the Plan offers the same health insurance plans that the City and County of Denver offers to its current employees. For 2010, the City has elected to switch from Aetna Health to United Healthcare. If you are a current Aetna subscriber and wish to switch to United, there is nothing you need to do. The Plan will submit your information directly to United Healthcare in December and you should receive your new health insurance card from United before the 1st of January. Most likely, your current primary care physician (PCP) who you are seeing under the Aetna plan is also contracted with United Healthcare. However, you will want to check with your doctor to confirm this, or you can visit www.myuhc.com and check the online United Healthcare provider list to be sure. Unfortunately, health insurance premiums continue to rise. Those Medicare-eligible retirees who are covered by the Anthem SmartValue PFFS plan will see a very significant increase in their monthly premium for 2010. That monthly premium amount will be $279.18 per member per month. As you might remember, when the Plan contracted with Anthem for 2008, the premium for the Anthem coverage went down very significantly from the premiums in place at the time with SecureHorizons and Rocky Mountain Health. The Plan secured a two-year rate-cap guarantee for the Anthem plan. That cap expires at the end of 2009. The total monthly cost of the Anthem coverage (the portion paid by Medicare plus the portion charged to the individual subscriber) is going up from approximately $1,040 per month in 2009 to approximately $1,168 per month in 2010 - - an increase of $128 or about 12%. However, the portion projected to be paid by Medicare to Anthem will increase by only $4 per month. That leaves a very large increase of $124 per month coming onto the member

Products & services

Similar companies nearby