Healthcare in Retirement
While you are working, you usually have access to employer provided healthcare benefits. When you retire, your options for healthcare change. This page provides you with information about healthcare in retirement, including Medicare and DMBA supplemental healthcare benefits.
FAQs
Yes. Healthcare coverage is as important in retirement as it is during working years. In retirement, your health is provided by Medicare, the marketplace, or your employer.
Medicare is government-provided health insurance typically for retirees. It’s broken into several parts:
- Medicare Part A: Hospital insurance
- Medicare Part B: Doctor’s insurance
- Medicare Part C (Advantage plan): Health plan offered by a private company that contracts with Medicare
- Medicare Part D: Prescription drug coverage
- Medigap Policies (E–M): Supplemental medical plans to Part A and B as an alternative to Part C
DMBA offers a supplemental healthcare option to Medicare in retirement called Deseret Alliance. If you were hired before 2010, are 55 or older, and have at least 10 years of service, you qualify for this plan. Anyone hired after 2010 needs to be at least age 60 and have 10 years of service to qualify.
No. Your employer may help, but you will still need to pay a monthly premium to receive this healthcare option. Your years of service and your hire date determine your premium. Call Member Services at 801-578-5600 to find out your premiums during retirement.
Basic Medicare (Parts A and B) is your primary insurance after you turn 65 and are retired. If you qualify for DMBA’s supplemental plan, you do not need more coverage. If you don’t qualify, purchasing an Advantage or gap plan is encouraged.
No. Wait to sign up for Parts A and B until you retire. There is no penalty for late enrollment if you have an active employer medical plan.
Medicare Parts A and B will become your primary coverage and DMBA (Deseret Alliance) will be your secondary or supplemental coverage. Medicare will be billed first, and then Deseret Alliance will be billed second. When you go to the doctor, you will provide them with your Medicare and Deseret Alliance ID cards. Deseret Alliance will cover your prescription drugs and some gaps in the Medicare policy.
DMBA’s medical plan provides great coverage at a market competitive cost. When comparing Deseret Alliance to other marketplace supplemental healthcare plans, consider the following features: premiums, deductible, out-of-pocket cost, travel limitations, and coverage amounts.
Yes. If you qualify for DMBA’s supplemental healthcare coverage, your wife and children (up to age 26) also qualify. To learn more about exceptions to the age limitation for disabled children, please call Member Services at 801-578-5600.
Resources
Articles
- Coordination of Benefits (Medicare)
- Costs (Medicare)
- Health Insurance in Retirement (DMBA)
- Original Medicare (Part A and B) Eligibility and Enrollment (Centers for Medicare & Medicaid Services)
- Parts of Medicare (Medicare)
- Retiree General Information Summary Plan Description (DMBA)