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I received a referral today from Chevron retiree who insurance is going to be handled by Towers Watson as of 1/1/17.They will get 94.00 a month reimbursement in an HSR account.Below is how the rules read on the Chevron website.My question is do you think they will still reimburse the 94.00 to pay towards part b premium if they buy Medicare health plans through me?The way I read it if they get MA through Towers Watson there wouldn't be any premium reimbursement anyway?
how does the HRA work?
Post-65 eligible retirees and/or their post-65 eligible dependents will receive the monthly company contribution into an HRA. You can use
the money in your HRA to help pay the monthly premiums for your Medicare Part B or any of the individual medical, prescription drug,
dental or vision plans offered through OneExchange. Your HRA can only be used to pay these specific coverage premiums; it can’t be
used to pay for other health expenses or pay the premiums for health plans purchased outside of OneExchange. This new contribution
approach allows more flexibility in how you spend the company contribution.
http://hr2.chevron.com/usbenefits/docs/HWDP_SEP14DetailEE_RetireeMedicalCoContrib.pdf
how does the HRA work?
Post-65 eligible retirees and/or their post-65 eligible dependents will receive the monthly company contribution into an HRA. You can use
the money in your HRA to help pay the monthly premiums for your Medicare Part B or any of the individual medical, prescription drug,
dental or vision plans offered through OneExchange. Your HRA can only be used to pay these specific coverage premiums; it can’t be
used to pay for other health expenses or pay the premiums for health plans purchased outside of OneExchange. This new contribution
approach allows more flexibility in how you spend the company contribution.
http://hr2.chevron.com/usbenefits/docs/HWDP_SEP14DetailEE_RetireeMedicalCoContrib.pdf