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 2009, 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 2009.
University Costs and Retiree Premiums(if applicable) "Old Plan" WITHOUT DDB Participation
| $155.00 |
$155.00 |
$0 |
| $184.00 |
$184.00 |
$0 |
| $197.00 |
$197.00 |
$0 |
| $340.00 |
$221.00 |
$119.00 |
| $373.48 |
$242.76 |
$130.72 |
University Costs and Retiree Premiums(if applicable) "New Plan" WITH DDB Participation
| $155.00 |
$290.00 |
$0 (accrue $135.00) |
| $184.00 |
$290.00 |
$0 (accrue $106.00) |
| $197.00 |
$290.00 |
$0 (accrue $93.00) |
| $340.00 |
$290.00 |
$50.00 |
| $373.48 |
$290.00 |
$83.48 |
Dental and Vision Plans
| $16.63 |
$16.63 |
$99.78 |
| $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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