Retired clergy signing up for supplemental insurance plans
Enrollment has passed the halfway mark as the Conference’s retired clergy transition by year’s end to individual supplemental health insurance plans.
On Nov. 9, One Exchange reported 56 percent of retirees had completed the sign-up process.
That’s 271 of 483 participants. Another 147 people had been contacted by One Exchange but not yet enrolled. Work was under way to reach 65 others.
In May, Annual Conference delegates voted resounding approval for this change.
Each retiree chooses a supplemental plan that best fits him/her. The Conference Benefits Office puts funds in a Health Reimbursement Account (HRA) for that retiree, who may use the money to pay the monthly premiums for the supplemental insurance or for other healthcare needs.
One Exchange assists each retiree by phone in selecting and signing up.
The November update by One Exchange showed 1,160 calls, with an average time of 34 minutes, 5 seconds.
Medicare is the primary insurance plan for all people age 65 and older.
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