Retiree Medical Insurance
IU-Sponsored Medical Plans
In addition to the temporary COBRA continuation coverage available to medical plan participants upon termination of coverage, IU offers both transitional coverage for those not yet eligible for Medicare and coverage to supplement Medicare. Select a plan below for more information.
Indiana University does not contribute to the cost of Retiree coverage—the participant pays the full cost of these plans.
The age at which you retire, and the age of any enrolled family members, will factor strongly when choosing a medical plan. For example, many individuals may only need to supplement Medicare with the Blue Retiree plan while others might choose the Anthem PPO HDHP plan because a family member is not yet eligible for Medicare. It is important to note that Retirees with spouses who are active employees can continue coverage as a dependent in the spouse’s IU plan.
In This Section
A basic understanding of Medicare is helpful in understanding how IU-sponsored plans can benefit you. Medicare is the federal government’s healthcare insurance for individuals age 65 and older and is the primary source of coverage for most retirees. Medicare helps cover some, but not all, healthcare expenses. It has various rules, enrollment periods, and costs, and does not cover expenses outside the U.S. The following information is only a summary. Full details are available at Medicare.gov.
What Medicare Covers
Part A - Part A helps cover inpatient hospital, skilled nursing facility care, home health, and hospice.
Part B - Part B helps cover visits with doctors and other health professionals, outpatient services and testing, certain home health services, and durable medical equipment.
Part C - Medicare Part C consists of Medicare Advantage plans offered by private companies as an alternative to Original Medicare. Medicare Advantage plan cannot be paired with a Medigap plan, nor the IU Blue Retiree Plan, to pay deductibles and coinsurance. IU does not sponsor this type of plan.
Part D (Prescription) - Medicare Part D is prescription coverage and is available from various private insurance companies approved by Medicare. IU does not sponsor this type of plan.
Both Medicare Parts A and B have separate deductibles that must be met before Medicare benefits are payable. Part B benefits are also subject to a 20 percent patient coinsurance. Non-participating Medicare health care providers may also bill you for amounts above Medicare’s deductible, coinsurance, and approved amounts.
To find out if your medical item or service is covered by Medicare Part A and/or Part B, download Medicare’s “What’s Covered” app — available for free on the App Store and Google Play
When to Enroll
Medicare is individual coverage, so if you are married both you and your spouse must each enroll in your own coverage. The following are general guidelines on when to enroll in Medicare once you have retired:
If you are under age 65 when you retire, and are not receiving Social Security benefits, it is a good idea to apply for Medicare Parts A & B three months before you turn 65. Your Initial Enrollment Period (IEP) for Medicare lasts for seven months, from three months before the month you turn 65 through three months after the month you turn 65.
If you are turning age 65 near your retirement date, contact IU Human Resources at or (812) 856-1234 for guidelines on enrollment timing.
If you are age 65 or older when you retire, you should enroll in Medicare during your Special Enrollment Period (SEP), which is the 8-month period that begins the month after your employment ends or your group coverage ends, whichever happens first. Your Medicare coverage start date will be set six months back, or back to your 65th birthday, whichever is closest. Important: COBRA isn’t considered coverage based on current employment and has no Medicare Special Enrollment Period when it ends.
Enrolling in Medicare While Still Employed
You may enroll in Medicare while still employed if you become eligible. However, since your IU coverage is the primary policy while you are an active member of the faculty or staff, you may not be able to use Medicare until you retire.
IMPORTANT NOTE: Enrolling in Medicare has a major impact on your ability to contribute to a Health Savings Account (HSA). It is important that you understand the consequences of Medicare enrollment. Review this Frequently Asked Questions (PDF) for important considerations.
How to Enroll
Enrolling in Medicare starts at Medicare.gov or by calling the local Social Security office. The Medicare website also lists all the companies that offer standardized Medigap or Medicare Advantage plans available where you reside.
Resources and Tools
- Medicare & You – Official U.S. Government Medicare Handbook (PDF)
- Medicare Presentation (PDF)
- Medicare ‘What’s Covered’ App (Download for your Apple or Android device.)
IU Human Resources
Retirees can contact IU Human Resources at or (812) 856-1234 for information about retirement, retiree status or benefits, and/or COBRA.
Anthem IU Blue Retiree Plan (Retirees Over 65)
Customer Service Center (833) 639-1637