Emeriti Health Insurance

Employees who retire from SPU at age 60 or more with at least seven (7) years of continuous service or age 65 or more with at least five (5) years of continuous service are eligible for coverage under the Emeriti insurance. This program provides access to Medicare supplement and dental programs that are specifically designed to meet the insurance needs of retirees, beginning age 65 and above, with no health underwriting requirements. A pre-65 medical insurance program is also available to spouses and dependents of eligible retirees. Aetna Life Insurance Company is the provider of these insurance plans.

Important: If you meet the retirement definition above, and do not select at least the lowest level of benefit eligibility (such as the least expensive Medicare Part D prescription plan) when you are first able to do so, you will lose your ability to select from any of the health insurances through Emeriti in the future (future annual enrollments).

If you have elected to make contributions to the Seattle Pacific University VEBA, Employee Contribution Account, your contributions are always 100% vested. You may also continue to make contributions into your account after termination.

If you have any of these vested funds, you are eligible for the reimbursement of Qualified Medical Expenses incurred by you or your eligible Plan dependents when you leave employment with SPU with a vested Emeriti Health Account balance. Eligible expenses are defined under Internal Revenue Code Section 213(d), and may include, but are not limited to the following:

• Health insurance, excluding SPU’s COBRA continuation coverage and coverage for any individual as an active employee (or dependent) under an employer-sponsored group health plan
• Long-term care insurance premiums
• Medicare premiums, deductibles, and coinsurance
• Medical equipment, vision, dental and hearing care
• Hospital and surgical expenses
• Medical expenses associated with nursing or in-home healthcare services

Please review SPU’s Summary Plan Description (“SPD”) at: https://spu.atlassian.net/wiki/display/HR/Emeriti+Retirement+Health+Solutions for additional details.

If you have any questions about your Seattle Pacific University VEBA Employer and/or Employee contribution account(s), Emeriti retiree health insurance plans, account fees, or any other questions about the Emeriti program, please call 1-866-Emeriti (1-866-363-7484) and press option #3 to speak with an Emeriti Specialist, or visit their website at www.emeritihealth.org.