OSU Retiree Benefits
There are many benefits to being an OSU/A&M retiree. Retirees may continue benefits for health, dental and vision.
Eligibility
You must have coverage as an active employee the month of your retirement date if you wish to enroll in continuing coverage as a retiree. 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.
Retiree Benefit Options
- Retiree Benefit Billing
Beginning in 2026, your health, dental and vision premiums will be billed through PlanSource.
Email:cobra@plansource.com
Phone: 888-266-1732
Mailing: PlanSource
P.O. Box 3850
Omaha, NE 68103
- Health Insurance
BlueCross BlueShield
In retirement, your continuation of health insurance depends on your eligibility for Medicare, whether that eligibility is based on age or disability. If at any point in retirement, you become eligible for Medicare prior to age (65), it is vital that you enroll in Medicare A and B; and contact OSU Benefits regarding your options to enroll in the Medicare offered plans. Failure to enroll in Medicare will result in denial of claims as BCBS will estimate the benefits that Medicare would pay.
If you, or your covered spouse, are under 65 (not eligible for Medicare due to disability or age) at the time you retire, your coverage will continue with the same plan you have during the month of your retirement date. Your coverage will change if you or your covered dependents become disabled or eligible for Medicare coverage.
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 the BlueSecure Supplement Plan and Blue MedicareRx approximately 90 days prior to your 65th birthday. Your packets will include an application for the BlueSecure enrollment and an application for Blue MedicareRx enrollment. Both forms must to be returned to OSU benefits no later than one month prior to the month in which you turn 65. If you or any dependent covered on your medical plan become eligible for Medicare prior to their 65th birthday due to disability, they must enroll in Medicare and contact OSU benefits regarding your options to enroll in the Medicare plans.
If you, or your covered spouse are both Medicare eligible, each of you will have an opportunity to enroll in one of the three Medicare supplement plans (BlueSecure) and the Medicare Part D plan (Blue MedicareRx) for your pharmacy needs.
With these retirement healthcare coverage options, you and your spouse could potentially be enrolled in very different plans with differing policies, coverage and monthly premiums.
- Life Insurance
If you meet OSU retirement criteria, you will receive a $6,000 life insurance policy at no charge to you.
If you are enrolled in voluntary employee supplemental life insurance, you have the option to continue coverage. Any supplemental life insurance coverage that you are carrying for your dependents can also be continued into retirement if you wish. If you are interested in continuing life insurance coverage, watch your mail for information from Lincoln Financial, they will automatically send you information at the time of your retirement. If you cancel the life insurance coverage, you may not be able to enroll at a later date.
We recommend reviewing the policy information and keeping your beneficiary information current.
- Dental
If you are enrolled in coverage the month of your retirement date, you are eligible to continue your coverage at full cost to you.
We recommend reviewing your coverage and visiting the page for Dental Insurance.
- Vision
If you are enrolled in coverage the month of your retirement date, you are eligible to continue your coverage at full cost to you.
We recommend reviewing your coverage and visiting the page for Vision Insurance.
- Flexible Benefits
Your flexible spending benefits with either an FSA or HSA will discontinue at retirement. If you are interested in continuing to use HSA funds and learn more about investment opportunities, log in to your account at my.healthequity.com.
OSU/A&M's HSA has transitioned from BenefitWallet to HealthEquity. To see account history prior to the transition, log in to your account at mybenefitwallet.com.
- Cancer Protection
You will need to contact American Fidelity if you currently have a Cancer Protection policy to continue the coverage and arrange payment.
Visit the page for Cancer Protection contact information.
- MASA Ambulance
You have the option as a retiree to transfer your MASA coverage to an individual plan. If you wish to do that, follow the instructions below.
- Call MASA and speak to the B2B Omni team at 954-820-4332.
- Tell them that you are an Oklahoma State University retiree and request to set up a “future enrollment application”.
Upon your termination from the group plan, MASA will enroll you in the new plan.
We recommend reviewing your coverage and visiting the page for MASA.