Regardless of the medical plan chosen, you are responsible for the Medicare Part B premium. This is a monthly deduction from your Social Security check. The standard Medicare premium for calendar year 2008, although under review by Congress, is published as $96.40. However, according to new rules for higher incomes, the income-related premium will apply to some retirees. The insurance premium rates listed below are for retirees who choose to participate in a University-sponsored plan. All rates listed below are for individual coverage only. The full cost of the dental and vision programs is the responsibility of the retiree. Listed below is a schedule of the insurance premiums for 2008.
University Costs and Retiree Premiums(if applicable) WITHOUT DDB Participation
| $149.00 |
$149.00 |
$0 |
| $173.00 |
$173.00 |
$0 |
| $195.00 |
$195.00 |
$0 |
| $328.91 |
$213.80 |
$115.11 |
| $321.58 |
$209.03 |
$112.55 |
University Costs and Retiree Premiums(if applicable) WITH DDB Participation
| $149.00 |
$290.00 |
$0 (accrue $141.00) |
| $173.00 |
$290.00 |
$0 (accrue $117.00) |
| $195.00 |
$290.00 |
$0 (accrue $95.00) |
| $328.91 |
$290.00 |
$38.91 |
| $321.58 |
$290.00 |
$31.58 |
Dental and Vision Plans
| $15.89 |
$15.89 |
$95.34 |
| $6.84 |
$6.84 |
$41.04 |
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Note: ** Enrollment in the Concordia Access Dental plan and Davis Vision plan are for a full 12 month period.
If enrollment is cancelled at any time during the 12-month period for any reason other than death, the annual premium amount is still owed to the carrier. |
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