mbf-retiree-medicare-hmo-drug-benefits-faqs

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Employee Asst Pgrm Flex SpendingMgmt Benefits VDC Program

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Basic Life and AD&D Insurance
Group Universal Life Insurance (GUL)
Long Term Disability (LTD) Insurance
Superimposed Major Medical
Dental
Vision
Survivor Benefits
COBRA
Medical Leave and Special Leave of Absence
Health and Fitness Reimbursement
Retiree, Senior Drug Subsidy Benefits
MBF Forms & Downloads
MBF Frequently Asked Questions
Email MBF

MBF Videos

Basic Life and AD&D Insurance

Group Universal Life Insurance (GUL)

Long Term Disability (LTD) Insurance

Superimposed Major Medical

Dental

Vision

Survivor Benefits

COBRA

Medical Leave and Special Leave of Absence

Health and Fitness Reimbursement

Retiree, Senior Drug Subsidy Benefits

MBF Forms & Downloads

MBF Frequently Asked Questions

Email MBF


The Management Benefits Fund

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FAQs - Retiree Medicare HMO Drug Benefits

What is the Retiree Medicare HMO Drug Benefit? View the Answer

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The Fund pays the cost of prescription drug option premiums on behalf of Medicare-eligible retirees (and their Medicare-eligible spouse or domestic partner) enrolled in a qualified Medicare HMO plan, where such cost would otherwise be paid directly by the member through pension deductions.

Who is eligible to receive the Retiree Medicare HMO Drug Benefit?View the Answer

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Medicare-eligible retirees and their Medicare-eligible spouses/domestic partners enrolled in a qualified Medicare HMO plan are eligible for this benefit.

How is the Retiree Medicare HMO Drug Benefit paid? View the Answer

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The Fund pays the monthly premium directly to the HMO on behalf of the member. The Medicare HMO member, however, is still responsible for co-payments for office visits and drug prescriptions.