Retired Employees Premium Sharing
As a retired employee, UT and the State of Texas will pay 100% of your premiums for the basic coverage package, and up to 50% of the premiums for your dependents' medical coverage. You are responsible for all optional coverage premiums.
If you are a benefits-eligible retired employee and can provide proof of current medical coverage from another source, you may waive the basic coverage package and use 50% of the state premium sharing to purchase Dental and/or Vision Coverage. If you waive, you will not be enrolled in Basic Group Life Insurance or be eligible for the Living Well Program as those are a part of the Basic Coverage Package.
Your Monthly Premiums (Plan Year 2024-2025)
| PLAN | TOTAL PREMIUM | INSTITUTION & STATE PAY |
YOUR COST |
| UT SELECT Medical FULL-TIME | |||
| RETIREE | $780.24 | $780.24 | $0 |
| + SPOUSE | $1,501.70 | $1,189.20 | $312.50 |
| + CHILD(REN) | $1,368.74 | $1,041.90 | $326.84 |
| + FAMILY | $2,068.74 | $1,453.34 | $615.40 |
