Partnership with Henriott Group, Inc. offers additional resource for benefits selection

Purdue University, in partnership with the Purdue University Retirees Association (PURA) and the Henriott Group Inc., has arranged free assistance for choosing health insurance options.  Purdue University and PURA are pleased to be able to offer this assistance, and we encourage you to review your options for 2017. 

Who is Eligible?

Official Purdue retirees under the age of 65 who are not yet eligible for Medicare.

What help will I get from Henriott Group?

Henriott associates are knowledgeable and experienced in helping you shop for a plan that best suits your needs. There are several plans available, and it can be difficult to find a well-matched plan. That’s where Henriott can help. Their team members will work alongside you to review and discuss each plan available to you to decide which one will best meet your needs.

 What are the Purdue plan options?  

Official retirees under age 65 continue on same plans as active faculty and staff until age 65.

Purdue Health Plan   

Purdue Health Plan Plus HSA 1  

Purdue Health Plan Plus HSA 2  

The monthly medical coverage premiums for retirees can be found on the Benefits website.

What are the benefits of shopping in the Marketplace?

  • The Health Insurance Marketplace (also known as the Exchange), created as part of the Affordable Care Act, offers health insurance options to ensure everyone in the United States has access to affordable health care.
  • Some Purdue retirees would be eligible for a premium tax credit (also known as a subsidy) to assist with the cost of healthcare through the Marketplace. Generally, if your income falls between the ranges shown in the chart below, there is a good possibility you could qualify for a subsidy.

If your income falls within the following ranges, you’ll generally qualify for a premium tax credit. The lower your income is within these ranges, the bigger your credit. (The amounts below are based on 2016 numbers and are likely to be slightly higher in 2017.)

  • $11,770 to $47,080 for individuals
  • $15,930 to $63,720 for a family of two
  • $20,090 to $80,360 for a family of three
  • $24,250 to $97,000 for a family of four
  • $28,410 to $113,640 for a family of five
  • $32,570 to $130,280 for a family of six

   A Frequently Asked Questions (FAQ) document is available to help answer additional questions you may have initially.            

Other Frequently Asked Questions

Q: Can I use a Marketplace plan once I become eligible for Medicare?
A: No; once you become eligible to be covered under Medicare, the Marketplace plans are no longer the right option for you.

Q: What are my options once I reach my Medicare eligibility point?
A: When you reach your Medicare eligibility point, you are welcome to enroll in a plan sponsored by Purdue for coverage that matches with Medicare benefits. In fact, we hope you will reconnect with a Purdue plan once you become eligible for Medicare. The Purdue University Retirees Association (PURA) works very hard to maintain excellent insurance options that complement Medicare coverage.

Q: Am I required to leave my Purdue plan?
A: You continue to be eligible for coverage under the Purdue Health Plans, so you are under no obligation to leave a Purdue plan. 

Q: If I take a Marketplace plan, can I return to a Purdue plan at a later date?
A: Yes. If you decide to take a Marketplace plan and find it is not fulfilling your needs, you will still be eligible to return to a Purdue plan during open enrollment each year (October).

Q: If I choose a marketplace plan, will I ever have the option to return to a Purdue plan?
A: Yes, you have two options.  You are able to return to a Purdue plan during Purdue’s open enrollment period or during the Marketplace open enrollment period for coverage to begin the following calendar year.

Also, if you become eligible for Medicare because you turn age 65 or because of disability prior to age 65, you can enroll in one  of the Purdue retiree group plans that go with Medicare.

Q: What happens when I or my spouse turn 65 and become eligible for Medicare?
A: You and/or your spouse will be offered the Purdue retiree group plans that go with Medicare.

If the Purdue retiree continues to be enrolled in a Purdue-sponsored plan, the eligible dependents can continue to be covered in a plan appropriate for their age and Medicare status.

Q: Can I go to a Marketplace plan and leave my spouse/children on a Purdue plan and vice versa?
A: No. Eligible dependents can only be covered on the same plan that the retiree is enrolled in until the retiree becomes eligible for Medicare.

Once the retiree becomes eligible for Medicare, then the Medicare-eligible retiree can enroll in a Purdue retiree group plan and continue to cover eligible dependents on a Marketplace plan or a Purdue under-65 retiree plan (whichever one they are already enrolled in). The eligible dependents will be able to change to a different plan during open enrollment as long as the retiree continues to be enrolled in a Purdue retiree group plan.

Resources

  • Visit the Henriott website dedicated to Purdue retirees under age 65 to explore options.

 

  • Contact the Henriott Group representatives directly for assistance in reviewing your Marketplace options:

 

  • Questions regarding your Purdue plan options can be directed to Human Resources at 765-494-2222 or hr@purdue.edu.

Purdue University, 610 Purdue Mall, West Lafayette, IN 47907, (765) 494-4600

2015 Purdue University | An equal access/equal opportunity university | Copyright Complaints | HR Communications

If you have trouble accessing this page because of a disability, please contact HR Communications at hrcomm@purdue.edu.