The University provides a broad range of coverage for retirees that are age 65 or older. Listed below is a summary:
- The University provides medical benefit coverage that either compliments Medicare or serves as a replacement to traditional Medical programs. The coverages include:
- Two plans complement Medicare. They are UPMC’s National Complementary Program or Highmark’s Signature 65 Program
- Four Preferred Provider Organization (PPO) programs are offered. Two by Highmark and two by UPMC Health Plan. PPO’s offer a greater level of flexibility that includes coverage if you need non-emergency services outside of the Western PA area.
- UPMC Health Plan offers a Health Maintenance Organization (HMO) option that provides coverage very similar to the popular Panther Gold plan offered to active faculty and staff.
Dental and Vision
- United Concordia offers a program called Concordia Access that focuses on preventive and minor restorative coverage. Discounts are provided for major restorative services.
- Davis Vision offers a vision program similar to the Fashion Plan available to active faculty and staff.
Disability Benefits/Salary Continuance
- Coverage is discontinued upon retirement. There are some exceptions to this for long-term disability coverage
- Basic Life: Eligible retirees receive $1500 for each year of service up to a maximum of $15,000
- Optional Life: It is “portable” which means you have the ability to continue optional life insurance at group rates. No medical underwriting is required.
Long-term Care Insurance
- Coverage may continue as long as you continue to pay the premium directly to Unum
- You may leave any assets in your retirement account.