Nearly 75% of post-65 retirees, spouses, surviving spouses and Medicare-disabled individuals who were transitioning from group medical and prescription drug coverage enrolled in replacement plans through OneExchange. And overall, more than 59% of everyone who was eligible to participate in[…]
A checklist has been developed to help employees who are 65 or older and are planning to retire understand the NRECA Retiree Insurance Solutions program. If your cooperative makes the program available, the checklist is a resource that you can[…]
A letter is being mailed this week to post-65 retirees who have a retiree health reimbursement arrangement (HRA) through CBA and elected the automatic reimbursement option during the enrollment process with OneExchange. The letter highlights information they should know about[…]
Your 2015 NRECA Group Benefits Program summary plan description (SPD) and summary of material modifications (SMM) documents are now available on the Employee Benefits website. You should have received a Message Center alert directing you to the documents. Go to[…]
Remember to send your cooperative’s compliance questionnaire and W-2 salary data no later than February 13, 2015. The benefits compliance team needs these items so that they can complete your co-op’s nondiscrimination testing in time to avoid possible IRS excise taxes.[…]