Intel Retiree Medical Plan and SERMA

These benefits are for US official Intel retirees only.

Updated 01/27/2017

3 OPTIONS FOR MEDICAL COVERAGE IN 2018

  1. Intel Retiree Medical Plan (IRMP): Annual Enrollment dates: 11/01/2017 – 11/30/2017; coverage effective 1/1/2018
  2. (Non-Medicare) ACA Exchange Annual Enrollment dates11/1/17-12/15/2017 Understand that there could be a lapse in coverage if you don’t enroll in 2017, but wait until January 2018
  3. Medicare Annual Enrollment dates: 10/15/17 – 12/7/17; coverage effective 1/1/2018

As a reminder: Intel retirees receive a mailing regarding annual enrollment options. It is important to keep your mailing address up to date with Intel. Click here to find the process to update your mailing address with Intel.

1.  Intel’s retiree medical program provides retirees access to comprehensive medical coverage through the Intel Retiree Medical Plan (IRMP).

      • Retirees that are not yet Medicare eligible (typically under age 65) can access IRMP Cigna Coinsurance
      • Retirees that are Medicare eligible (typically age 65 and older) can access an indemnity plan, IRMP Cigna Indemnity with Rx or without Rx
        • An indemnity plan is not a supplemental plan – it is important to understand the difference when making your insurance coverage choice
          • To understand key points about the IRMP indemnity plan:
            • Go to: My Health Benefits and login (see below for directions)
            • Select: Health and Insurance, then Coverage details
            • Select: Plan Information, then IRMP Summary Plan Description (SPD)
            • See: Section 4 – IRMP Medical Medicare-eligible
            • Read: How The Plan Works and the Benefits Chart

2.  If you were hired before January 1, 2014, a Sheltered Employee Retirement Medical Account (SERMA) will be established upon your retirement from Intel, if you are a U.S. employee at the time you retire and meet any of Intel’s retirement eligibility rules. You can use this account to help pay for the IRMP or other covered healthcare insurance premiums. See below for more details about your SERMA.

For IRMP and SERMA questions, regarding plan information, changes, or payments, contact the Intel Health Benefits Center at (877) GoMyBen (466-9236), Monday through Friday, 7 a.m. to 6 p.m. (Pacific).

3.  Visit the My Health Benefits Website. For information and tools to research, enroll, and manage your medical benefits, click here to link to My Health Benefits website.

Accessing My Health Benefits
If you are accessing the site for the first time on the Internet, you will be asked to create a User ID and password to login. Your User ID is a personal identification that you set up. You will use it along with a password to access the My Health Benefits Web site. This is also the same password you will use when calling the Intel Health Benefits Center.

      • To create your User ID, select “Register as a New User” and follow the instructions.
      • You will then be asked to create a password and answer a series of security questions.

When you login to the My Health Benefits site, you can find answers to these questions:

      • How much money do I have in my SERMA account?
      • What types of insurance premiums can be reimbursed from your SERMA?
      • Can I use my SERMA for my IRMP premiums and get reimbursed for my spouse and eligiblechildren from SERMA in addition?
      • How do I submit a claim from my SERMA account?
      • What information must be on receipts to be accepted for reimbursement?

Here is where you will find these answers:

      • Go to My Health Benefits and
        • Login
        • Select: Other Benefits (towards the top of the page)
        • Select: Your SERMA Account (note: if you have no SERMA balance you may see different content from here)
        • Select: Check Eligible Health Care Expenses
          • For the answer to questions about of types of insurance premiums that can be reimbursed from your SERMA
        • Select: About the Health Care Reimbursement Request Process
          • For the answers to questions related to: How do I submit a claim from my SERMA account.
        • Select: Knowledge Center
          • For all other answers related to How does your SERMA work
          • SERMA required receipts and documentation
          • About Overpayments
          • The iPhone Reimburse Me App

Get to know SERMA, a retiree benefit

Sheltered Employee Retirement Medical Account (SERMA)
If you were hired before January 1, 2014, a Sheltered Employee Retirement Medical Account (SERMA) is established upon your retirement from Intel, if you are a U.S. employee at the time you retire and meet any of Intel’s retirement eligibility rules. (Here is a link to Intel’s Retirement eligibility rules: http://intelretiree.com/retirement-guidelines/)

      • You can use this account to help pay for the IRMP (Intel Retiree Medical Plan) or other covered healthcare insurance premiums.
      • You may use your SERMA credits to reimburse yourself for either Intel Retiree Medical Plan premiums and non-Intel sponsored health care premiums or COBRA paid for you, your spouse or Domestic Partner, and your eligible children. Eligible reimbursements may include premium payments for:
      • Intel Retiree Medical Plan (IRMP)*
      • Individual health insurance
      • Individual dental insurance
      • Individual vision insurance
      • Other employer retiree group plans
      • COBRA
      • Medicare & Medigap
      • TRICARE
      • Long-term care

*IRMP premiums are automatically processed and do not require you to submit for reimbursement.

You can use the money in your account to pay for eligible health care premium expenses until the balance is exhausted.

For more Information about SERMA Visit the My Health Benefits Website. For information and tools to research, enroll, and manage your medical benefits, click here to link to My Health Benefits website. If you are accessing the My Health Benefits site for the first time, you will be asked to create a used ID and password to log on.

SERMA Annual Run Out Period
The SERMA plan year runs from January 1 through December 31 of each year. You may submit a claim for reimbursement of an eligible premium incurred during the plan year as long as:

    • You file your claim AFTER your health coverage began (i.e. premium for March paid in Feb, 2016 cannot be submitted for reimbursement until March 1, 2016 ).
    • You file your claim before the annual run out period ends March 31 of the following year.
    • Claim Submission Deadline You are allowed to submit claims for eligible premiums for the prior year (January 1 through December 31) until the run out period ends March 31 of the current year. For example a claim for premium coverage date of July 2013 can be submitted until March 31, 2014. The run-out period provides you extra time to submit your claims. If you do not submit your claims with complete supporting documentation by the March 31 run-out period, your claim will be denied.

Medical Tax Form 1095
Why am I getting this form from Intel? The Affordable Care Act requires employers to report retiree health coverage to the IRS. If you were enrolled in IRMP or had a SERMA balance (the retiree Health Reimbursement Account) in the tax past tax year, you will receive Form 1095 in the mail. Any dependents enrolled with you in IRMP will also be listed on your Form. You don’t actually need this form in order to file your taxes, but when you do file, you’ll have to tell the IRS whether or not you had health insurance for each month of the tax year. The Form 1095 shows if you had health insurance. When you get the form, keep it with your other tax information in case you should need it in the future to help prove you had health insurance. For more information concerning your specific situation please refer to the IRS website or consult your tax advisor. The 1095c form can also be accessed from your My Health Benefits website after January 31st at https://leplb0160.portal.hewitt.com/web/intel/login?forkPage=false , or call them at (877) GoMyBen (466-9236).

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