Special Subsidized COBRA Rate

Special Subsidized COBRA Rate

Participants interested in continuing to receive healthcare coverage for themselves and/or current eligible dependents under one of the current Wright State plans (PPO 80/20, HDHP, dental and vision)3, the university will provide a special subsidized COBRA premium that will cover 50% of the COBRA rates for up to three years.

Your current WSU healthcare coverage will terminate on your separation date.  COBRA coverage, if elected, will be reinstated to the first day of your retirement once the COBRA administrator, Chard Snyder, has received your enrollment form and premium payment.

If you’re retired and enrolled in Medicare and COBRA continuation, Medicare pays first for your healthcare bills, and your COBRA pays second. Visit https://www.medicare.gov for more information.

Once established, COBRA premium payments are due the first day of the month of coverage. 

2020 Monthly Subsidized Premiums       

  PPO 80/20 HDHP Dental Vision
Individual $325 $284 $19 $4
Individual + Child(ren) $585      $512 $34 $7
Individual + Spouse $716 $625 $41 $9
Individual + Family $976 $853 $56 $12

 3Healthcare plans and COBRA premiums are subject to change annually.

 

This information provides details of the Faculty Voluntary Retirement Incentive Program available from Wright State University. More complete information about the offer can be found in the official plan documents.  If there are any differences between this information and the official plan documents, the official plan documents shall govern.