Please review the following links to obtain more information:
Retiree Medical Plan—Detailed information regarding Loyola's Retiree Medical Plan including co-insurance amounts, deductibles, prescription drugs, etc. You'll also find many Frequently Asked Questions about the medical plan in this section.
Retiree Health Account—Detailed information about the Retiree Health Account, including Frequently Asked Questions & a Side-by-Side Comparison chart of the differences between Option B1 & Option B2 may be found in this section.
Retirement 101 Knowledge Center—Information about what happens to your current benefits after retirement; Helpful basic info on Medicare; a Retirement Checklist with a suggested timeline; and information about continuing your Loyola UVID & Groupwise email after retirement may all be found in this section.
On-Line Forms—Under this link you will find information regarding retiree enrollment forms; claim forms for your Retiree Health Account; Retiree Computing Agreement.
Retiree Medical Benefit Information
Your dedication to Loyola University throughout the years has played an important role in making this university the superior academic institution that it is today. As you approach retirement, you’ll need to make some important decisions in order to choose a retiree medical insurance plan that fits your needs and the needs of your family. The Human Resources Department is committed to providing you with the resources and information necessary to assist you in making an informed decision.
Upon retirement, if you have met the eligibility requirements, you must elect or decline enrollment in the Retiree Medical Plan & you should choose the funding method that you prefer, which enables access to your Retiree Health Account:
|Eligibility||Loyola University Retiree Medical Plan||Retiree Health Account|
|In order to be eligible for both the Retiree Medical Plan and the Retiree Health Account, an employee must be at least sixty (60) years old AND have a minimum of ten (10) years of continuous full-time University service, immediately prior to their retirement date.||
||This account represents Loyola’s contribution towards payment of your healthcare expenses after retirement: