Tuesday, April 21, 2009

Important Retirement Information

Are you retiring this summer? If you are there is an important decision you will make about enrolling in the insurance plan. If you decide not to enroll you can enroll at a later date but there will be a waiting period. If you do decide to enroll later your coverage will begin on the first day of the sixth month after ORS receives all required forms and proofs of eligibility.

The waiting period can be waived if you or a dependent has an involuntary loss of other group coverage or a qualifying event such as a change in your family status.

So...plan carefully if you are thinking about delaying enrollment in the health insurance plan at retirement.

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