Benefits

Retiree Medical Plan Open Enrollment

New for 2025!

We will need to make some plan changes to keep up with medical inflation, comply with changes to the Medicare Part D legislation, and to keep premium increases down.

  • Medicare Advantage Plan
    • The out-of-pocket maximum will increase from $1,000 to $1,500.
    • You will see a 5.4% increase in your premiums, largely due to claims utilization.
  • Medicare Supplement Plan
    • The out-of-pocket maximum will increase from $1,750 to $2,250.
    • There will be no increase to your premiums because of the small plan design change.
  • Medicare Pharmacy Coverage
    • A $200 individual deductible will be added to the pharmacy coverage.
    • Your out-of-pocket maximum will decrease from $7,750 to $2,000.
    • The government has added a voluntary program that will allow you to spread pharmacy spend out over the year.  Information on this program was mailed to you.

Meetings for Medicare-Eligible Retirees

We will be holding meetings via zoom and in-person to help you understand the 2025 plan changes. If you would like to attend one of the zoom meetings, visit the University Zoom page at https://uchicago.zoom.us and select join to enter the meeting using the Meeting ID and Password below. You will then be able to register for the meeting and will receive an email with the meeting information and the direct link to join the meeting.

  • Monday, October 28th at 10am CT

    Webinar ID: 922 6451 4997

    Password: 476975
  • Wednesday, October 30th at 2pm CT

    Webinar ID: 942 7594 4066

    Password: 948645
  • Monday, November 4th at 10am CT

    Webinar ID: 979 7058 2563

    Password: 023656
  • Friday, November 8th at 1 pm CT

    Webinar ID: 992 1201 6354

    Password: 637246

Medicare Eligible Retirees

Medicare-eligible retirees and dependents in the University’s Retiree Medical Plan will remain enrolled in their current Aetna plan for 2025 unless a change is requested.

  • NO ACTION NEEDED if you are happy with the Aetna plan you selected in 2024 and do not wish to make a change, you will remain enrolled in your current plan.
  • TAKE ACTION if you would like to change Aetna plans for 2025. To change your medical plan coverage, complete the enclosed enrollment form and return it to the Benefits Team by November, 30 2024. The form can be returned via fax to 773.834.0996 or email to retiree@uchicago.edu.

Non-Medicare Eligible Retirees

Non-Medicare eligible retirees and dependents in the University’s Retiree Medical Plan will remain enrolled in their current medical plan for 2025 unless a change is requested.

  • NO ACTION NEEDED if you are happy with your current plan and do not wish to make a change, you will remain enrolled in your current plan.
  • TAKE ACTION if you would like to change to one of the other non-Medicare eligible medical plans. To change your medical plan coverage, complete the enclosed enrollment form and return it to the Benefits Office by November 30, 2024. The form can be returned via fax to 773.834.0996 or emailed to retiree@uchicago.edu.

Split Families

You and your dependents may be eligible for different medical plans based on each individual’s Medicare eligibility. The family member who is Medicare-eligible will be covered by one of the Aetna plans. The family member who is non-Medicare eligible will be covered by one of the non-Medicare medical plans.

Plan Cancelation

If you no longer want to be covered by one of the University’s Retiree Medical Plans, you must complete the Retiree Medical Cancellation Form under Related Documents. If you opt out of coverage, you will no longer have medical or prescription coverage through the University of Chicago starting January 1, 2025. Reinstatement in the plan is not permitted.

Benefits Office

If you have any questions, please contact the Benefits Office at 855.822.8901 or retiree@uchicago.edu, Monday through Friday from 8:30 a.m. to 4:30 p.m.