1. Your Emeriti Retirement Health Plan
2017 Benefits
Your Emeriti Retirement Health Plan

2. What’s New In 2017? Premiums for Rx plans increase 4.3%
Insurance plan options stay the same
Premiums for Rx plans increase 4.3%
Premiums for Medicare Advantage Plans increase 6.5%
Dental plan premium will NOT increase
Premiums for SRM Plans K & L increase 3.5%
Premiums for Pre-65 plans will increase 10%

3. Your Emeriti Retirement Health Benefit
Tax-advantaged
Retiree Health Account
Tax-free
Reimbursement Benefit
For Qualified Out-of-Pocket Medical Expenses
Flexible
Group Health Insurance
Underwritten By Aetna
(HealthPartners in Minnesota)
For you and your dependents

4. 2017 Retiree Health Plans 3 Medicare Advantage Plans
2 Medicare Supplement Plans
3 Medicare-approved Part D prescription drug plans
Annual choice Guaranteed issue
Optional dental plan
Underwritten by Aetna
Benefits available to employee (retiree) and, if the plan permits, spouse and eligible dependents

5. How Supplement Retiree Medical Plans (SRM) L & K Work
Medicare is primary insurance
Aetna plans coordinate with Original Medicare Parts A & B
Use Medicare card & Aetna card
You pay Part B premium
No extra benefits.
No plan deductibles.
You pay percentage of Medicare Parts A & B deductibles.

6. How Medicare Advantage Plans Work
Aetna is primary insurance
Aetna provides Medicare Parts A & B benefits
Use one Aetna card
You still get your Medicare card You still pay Part B premium
Extra Benefits
Annual eye & hearing exams Silver & Fit Exercise & Healthy Aging Program Aetna Nurse Case Manager Wellness Coach
No plan deductibles.
No Medicare Parts A & B deductibles.

7. 2017 Aetna POST-65 Medical Plans – CHOOSE ONE PLAN
Aetna Medicare Advantage Premium
ESA
Aetna Medicare Advantage
Plus
PPO/ESA-PPO
Standard
Aetna SRM
Plan L
Plan K
Plan Deductible
$0 in- and out-of-network $0
Medicare Deductible
25% of Part A
100% of Part B
50% of Part A
Primary Care
$15 copay *
15% coinsurance
(in-network)
25% (out-of-network)
$15 copay (in-network)
30% coinsurance
(out-of-network)
25% coinsurance
50% coinsurance
Specialist
$40 copay
Hospital
100% by the Plan
$500 per admission (in-network) 25% per admission
$200 per day (1-7) (in-network) 30% per admission.
Preventive Care
Covered 100%
$0 after Medicare
50% after Medicare
Out-of-Pocket Limit
$2,000 *
$2,750 (in-network)
$5,500 (out-of-network)
$6,700 (in-network)
$10,000 (out-of-network)
$2,480
$4,960
2017 Aetna POST-65 Medical Plans – CHOOSE ONE PLAN 1 2 3 4 5
Medicare Advantage Premium
Medicare
Advantage
Plus
Standard
Aetna SRM
Plan L
Plan K
Plan Deductible
$0* $0
Medicare Deductible
25% of Part A
100% of Part B
50% of Part A
Primary Care
$15 copay *
15% coinsurance in-network
$15 copay in-network
25% coinsurance
50% coinsurance
Specialist
$40 copay in-network
Hospital
Covered 100%
$500 per admission in-network
$200 per day (1-7) in-network
25% of the Medicare Part A deductible
50% of the Medicare Part A deductible
Preventive Care
Some paid by Medicare
Out-of-Pocket Limit
$2,000 *
$2,750 (in-network)
$5,500 (out-of-network)
$6,700 (in-network)
$10,000 (out-of-network)
$2,480
$4,960
Medicare Advantage replaces Medicare Parts A and B. SRM Plans coordinate with Original Medicare – and Medicare is the primary insurer.
*In- and out-of-network
For 2016, the SRM Plans are not available in VT, MD, MN, and U.S. Territories.
For 2016, Part A Deductible - $1,288; Part B Deductible - $166
NOTES: The ESA-PPO Plan has the same benefits as the In-Network PPO Plan.
Aetna’s GMS Plans A and L will be offered in Florida in place of SRM Plans K and L.

8. 2017 Aetna Part D Drug Plans – CHOOSE ONE PLAN
Rx Premium Plan
Rx Plus Plan
Rx Standard Plan
Open 2 Formulary
GRP B2 Formulary
$100 deductible
$310 deductible
Initial Coverage Limit:
Coinsurance: 15% generic,
25% preferred brand,
40% non-preferred brand
50% non-preferred brand
25% preferred brand
Coverage Gap:
Same coverage at same
coinsurance level
15% copay for Tier 1 generic drugs,
45% brand
58% generic, 45% brand
Catastrophic Coverage:
100% coverage
95% coverage
2017 Aetna Part D Drug Plans – CHOOSE ONE PLAN 1 2 3
Rx Premium
Rx Plus
Rx Standard
Open Formulary
GRP B2 Formulary
Deductible: $100
Deductible: $310
Initial Coverage Limit:
15% generic, 25% preferred brand,
40% non-preferred brand
50% non-preferred brand
15% generic, 25% preferred brand
Coverage Gap:
Same coverage, same coinsurance level
15% copay for Tier 1 generic drugs, 40% brand
51% generic
40% brand
Catastrophic Coverage:
100% coverage, you pay nothing
95% coverage, you pay 5%
The Medicare Coverage Gap Discount Program will continue to provide manufacturer discounts on brand name drugs to Part D beneficiaries who reach the Coverage Gap and are not already receiving “Extra Help.” A 50% discount on the negotiated price of preferred and non-preferred brand drugs (excluding the dispensing fee) will be available from manufacturers that have agreed to provide the discount.
2017 Standard drug plan deductible on the individual market: $400, Initial Coverage limit: $3,700, True-Out-Of-Pocket Threshold: $4,950

9. 2017 Aetna Dental Plan – Optional
Preventive Service
100% coverage
Annual Deductible (basic and major services)
$100
Basic Services Coverage
(fillings, standard crowns, extractions)
50%
Major Services Coverage
(root canal therapy, surgical removals, dentures)
Annual Benefit Maximum
$1,500
NOTES:
Twelve month waiting period applies for major services, but may be waived with evidence of continuing coverage.
One-time only opt-in opportunity.
Dental is only available when you enroll in a combination Medical/Rx coverage, or elect the stand-alone Rx Standard Plan
Please note: in the states of CA, OR, WA, the stand-alone Dental plan may be elected if the participant is enrolled in a Kaiser Permanente MAPD Plan, and with evidence of existing coverage.
Dental not available in MD.

10. Choosing Your Coverage
Jim has a chronic medical condition. He takes 3 brand drugs, sees a specialist twice a year, and is sometimes in the hospital. Consider:
Medicare Premium Plan or SRM L Plan
Rx High Plan
Mary is generally pretty healthy. She takes 2 generic drugs, gets her annual check-ups, and sees a specialist once a year for allergies.
Consider:
Medicare Standard Plan or SRM K Plan
Rx Standard Plan
For illustration purposes only. Emeriti does not provide advice about health insurance plans.

11. Emeriti’s Open Enrollment
Insurance enrollment kits mailed in October
Open Enrollment dates:
Monday, November 14 – Friday, December 9
Call the Emeriti Service Center
press option #1
Enroll in health insurance after age 65, upon retirement and after enrolling in Medicare Parts A & B. Post-65 retiree and their dependents can enroll in different plans
NOTE: The employer’s plan establishes rules for vesting in the Emeriti Health Accounts and retirement eligibility for Emeriti insurance.
*Independent domestic partners generally pay for insurance outside of the Health Account.
**Determination of permanent disability also confers access to post-65 insurance for these individuals. Disability must occur before majority.
Visit EmeritiHealth.org for more information

12. 1 2 3 Next Steps Review insurance enrollment kit, mailed to your
residence
Change coverage.
- Or -
Do nothing,
& be defaulted
into the plans you had in 2016
Enroll on the phone
or online. 12

13. Working Together
Emeriti & TIAA are working together to connect health & financial well-being

14. ThankYou
FOR JOINING US

15. Addendum

16. How Primary Care Charge Works
Medicare Advantage Premium
Medicare Advantage
Plus
Medicare
Advantage Standard
Aetna SRM
Plan L
Plan K
Primary Care Charge
$200
Medicare Pays $0
$160
Aetna Pays
$185
$170
$30
$20
You Pay
$15 copay
(in- and out-of-network)
$30 coinsurance
(in-network)
$10 coinsurance
$20 coinsurance
Medicare covers 80% of the charge for Plans L and K.

17. Important information
Emeriti Retirement Health Solutions provided this information and is responsible for its content.
Emeriti, TIAA, CBIZ Savitz, Aetna Life Insurance Company, and HealthPartners are independent corporations and are not legally affiliated.
Emeriti Retirement Health Solutions is not an insurance company, insurance broker or insurance provider.
For institutional investor use only. Not for use with or distribution to the public.

18. Interests in any retiree healthcare plan discussed herein are offered solely by the employer.
Teachers Insurance and Annuity Association of America (TIAA) will provide services to the plan and may issue plan communications on behalf of the plan sponsor, in its capacity as a plan recordkeeper.
Investment, insurance and annuity products are not FDIC insured, are not bank guaranteed, are not deposits, are not insured by any federal government agency, are not a condition to any banking service or activity, and may lose value.
The TIAA group of companies does not provide legal or tax advice. Please consult with your legal or tax advisor.
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