Retiree Benefits

OSU/A&M retirees may continue benefits with BlueCross BlueShield (BCBS), Cigna Dental and EyeMed Vision.  You must have BCBS coverage as an active employee the month of your retirement date if you wish to enroll as a retiree; dental and vision coverage must also be continuous. If you do not elect to continue coverage at the time of your retirement, you will not have the option to begin retiree coverage at a later date.  If after you are retired, you want to drop coverage or your spouse and/or dependent(s) from coverage, you will need to notify OSU Benefits in writing.  Once dropped there is no opportunity to re-enroll with any of these plans.

With BCBS, age determines which plans are available to you and your spouse. If both of you are under age 65, you will both continue with the same plan you had as an active employee (BlueOptions or BlueEdge). The benefits of the plan will not change for you as a retiree or your dependents, and BCBS will continue to be your primary coverage, unless you or your dependents are disabled and eligible for Medicare.  If eligible for Medicare, then Medicare will be primary and your BCBS plan will become secondary.  You or your dependents will need to make sure to enroll in Medicare A and B at the time of retirement, if eligible.   

If both of you are over 65, each of you will have an opportunity to enroll in one of several Medicare supplement plans (Plan 65) that meet your health needs and one of two Medicare Part D Plans (Blue MedicareRx) that meet your pharmacy needs.  As a retiree, BCBS enrollment will require anyone under 65 to stay with the same plans as active employees, and anyone over 65 will move to an individual Medicare supplement policy through the OSU group plan.  This means you and your spouse may have completely different policies with different premiums.  For a list of Plan 65 premiums, please refer to your BCBS Plan 65 Comparison and Rate Chart in the links below.

If you, or your covered spouse, turn 65 while in retirement and are enrolled in the OSU under 65 plan, you will receive a packet for your Plan 65 and Blue MedicareRx enrollment about 90 days prior to your 65th birthday.  Your packets will include an application for Plan 65 enrollment and an application for Blue MedicareRx enrollment.  Both forms will need to be returned to OSU Benefits no later than one month prior to your 65th birthday month.  

Remember, there is a difference in OSU and OTRS retirement criteria.  The ability to continue health, dental and/or vision coverage through the University is dependent on being an OSU retiree regardless of your OTRS retiree status.  If at any time you choose to drop retiree health, dental or vision with OSU, you will not be able to enroll again at a later date.  If you drop retiree health coverage, you will also lose your OTRS premium supplement, if applicable.

We recommend contacting our office to discuss your specific situation.  If you have questions about your benefit options, please contact OSU Benefits, (405) 744-5449.

Over 65 Retiree Health Information

2017 BlueCross BlueShield Plan 65 Comparison and Rate Chart (pdf)

2018 BlueCross BlueShield Blue MedicareRX Summary of Benefits (pdf)

BlueCross BlueShield Blue MedicareRx Application Form (pdf)

2017 BlueCross BlueShield Blue MedicareRx Plan Overview (pdf)

BlueCross BlueShield Medicare Supplement Insurance Plan Application Form (pdf)

 

Under 65 Health Information, Dental and Vision Retiree Benefits Information

2018 Retiree Rates: Health, Dental and Vision

BlueCross BlueShield BlueEdgeBlueCross BlueShield BlueOptions

Cigna Dental Low Plan

Cigna Dental High Plan

EyeMed Vision Summary

 

General Retiree Information

BlueCross BlueShield of Oklahoma website

Retirees Returning to OSU (pdf)

Scheduled Automated Bursar Account Payment for Insurance Premiums (ACH)

 

OSU Retiree Life Insurance

Life Insurance - Retiree Beneficiary Change Form (pdf)

Liberty Life Assurance Company Certificate of Coverage  (pdf)