Tag: medicare

Prescription Drug Creditable Coverage Disclosure Available

To: Employees and Dependents enrolled in RCUH Group Medical Plans

Please see the attached notice about the prescription drug coverage provided to you under the Research Corporation of the University of Hawaii group health insurance coverage. This also applies to any dependents who are 65 and older.

Why am I receiving this notice?

The Medicare Prescription Drug, Improvement, and Modernization Act (also called the Medicare Modernization Act or MMA) is a federal law enacted in 2003. The MMA requires entities whose health policies include prescription drug coverage to notify Medical eligible policyholders whether their prescription drug coverage is creditable coverage. The MMA defined credible coverage as coverage that is expected to pay on average as much as the standard Medicare prescription drug coverage.

Please contact us at [email protected] if you have any questions.

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Want more information about Medicare? Click here to register for a Medicare Workshop provided by Kaiser Permanente and HMSA.

October & November Workshops: Invest in Yourself: Improving your Financial Wellness

Creating a secure future is important to all of us. The RCUH Employee Benefits section encourages individuals to take advantage of the available resources to better yourself and improve the quality of life for you and your family.

RCUH is coordinating workshops in October and November focusing on improving your financial wellness. Please consider adding one (or more) of the workshops to your schedule! We encourage employees to coordinate attendance with your supervisor/Principal Investigator.

Kaiser Permanente

Whether you’re about to retire or already enrolled in a Medicare health plan, knowing more about your Medicare benefits can give you an advantage. See Kaiser Medicare 101 Flyer.

Kaiser Medicare 101 Register here.

  • Monday, October 21 (9:00-10:00 a.m. HST)
  • Thursday, October 24 (9:00-10:00 a.m. HST)
  • Friday, November 15 (9:00-10:00 a.m. HST)
  • Wednesday, November 20 (1:00-2:00 p.m. HST)

HMSA

Attend a Medicare Workshop online or in person. Learn the basics of Medicare and ask questions and get answers in real time. Find a workshop here.

MetLife

  • October 25 (12 noon HST) Preparing to Care for an Aging Parent: Current and future caregivers should understand their roles and responsibilities, from starting a conversation and assessing needs to creating a plan and finding support. Register here.
  • November 1 (12 noon HST) Smart Money Moves: Take away key tips to set yourself up for long-term financial success―from having a tax strategy to allocating assets, there is something for everyone to learn. Register here.
  • November 8 (12 noon HST) Tax Strategies: The Basics and Beyond: Back by popular demand! This workshop reviews tax basics, diversification, how to lower tax bills, record keeping, trusts, and when to call a professional. Register here.

TIAA Register here.

  • October 9 (6:00 a.m. HST) Quarterly economic and market update: Hear from the experts in TIAA’s Wealth Chief Investment Office about key drivers of the markets and economy that are impacting investors.
  • October 23 (9:00 a.m. HST) Myth-busting: Planning and managing healthcare expenses: Learn more about your Medicare and long-term care benefits for today and tomorrow.
    Please note that RCUH has Flexible Spending Accounts (FSAs), and not Health Savings Accounts (HSAs).

If you need assistance or have any questions, please contact the RCUH Employee Benefits section at [email protected] or call (808) 956-2326 or (808) 956-7055.