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City of <br /> AGENDA ITEM #10.3 <br /> Pequot <br /> Lakes------__ <br /> REPORT TO <br /> CITY COUNCIL <br /> Report Prepared by: Nancy Malecha <br /> Date: November 3, 2015 <br /> Subject: Medicare Supplement Retiree Health Plan <br /> Report: Minnesota Statute 471 .61 requires local units of <br /> government to allow retirees and dependents to continue to <br /> participate indefinitely in an employer-sponsored hospital, <br /> medical, and dental insurance plan. Prior to Medicare <br /> eligibility, City retirees and dependents are pooled in the <br /> same health plan as active employees. However, once <br /> retirees reach Medicare eligibility (age 65), their utilization <br /> can be pooled with a group of Medicare eligible retirees. <br /> The City does not currently have a Medicare supplement <br /> health plan for retirees who are Medicare eligible. <br /> HealthPartners, through NJPA, offers the attached Freedom <br /> Plan. This is a pool of Medicare eligible retirees who want <br /> to maintain a Medicare supplement health plan. <br /> HealthPartners administers all billing and enrollment <br /> information for this Plan at no cost to the City. <br />