CTRB Health Insurance Open Enrollment Information
Connecticut Teachers' Retirement Board (CTRB) is holding open enrollment for current CTRB health plan participants to become effective January 1, 2018. This is your annual opportunity to upgrade your level of coverage. Notifications were mailed/emailed to subscribers, one per household, in October, 2017. The new rates effective January 1, 2018 will be reflected in the payment dated December 31, 2017.
Our supplement to Medicare is offered as a single package including Prescriptions and Dental, Vision & Hearing. The new rate for the single package effective January 1, 2018 is $156.00 monthly per person.
For existing members who are grandfathered into their current coverage, effective January 1, 2018, the Medicare Supplement with Prescriptions will be $101.00 monthly per individual. The Medicare Supplement with Prescriptions and Dental will be $151.00 monthly per individual. The Medicare Supplement with Prescriptions and Dental, Vision & Hearing will be $156.00 monthly per individual.
If you wish to increase your level of coverage, please submit the Health Insurance Change Form (Open Enrollment 2017) on or before November 10, 2017. On January 1, 2018 you are locked into your level of coverage through December 31, 2018, unless you are cancelling all coverage.
To cancel coverage submit the Health Insurance Cancellation form on or before November 10, 2017. If you opt to cancel, you will not be able to reenroll for two years without a qualifying event.
Otherwise, you will retain the same coverage you are currently enrolled in.
Prescription Plan Changes: Effective January 1, 2018, the prescription plan deductible is $405.00. The total out of pocket maximum for brand name drugs is $800.00. After the $405.00 deductible has been met, generic drugs will bear a 5% copay.
Content Last Modified on 10/17/2017 12:49:42 PM