Continuing in 2023, eligible Post-Age 65 retirees will receive their healthcare coverage through an exchange program, which replaced the retiree group benefit program. The Oak Ridge Reservation Cleanup Contract (ORRCC) Retiree Healthcare Exchanges, options, and stipend process will remain in effect for 2023. The annual employer-paid stipend amount for 2023 is $2,688.
An annual employer paid tax free stipend, payable through a Retiree Reimbursement Account (RRA), will be made available to eligible retirees and eligible spouses to help offset the cost “incurred in claims” of the healthcare coverage elected. If you are an eligible retiree, you may sign up for the ORRCC Retiree Healthcare Exchange program during the applicable benefits annual open enrollment period. However, you must elect the healthcare exchange coverage through the UCOR ORRCC Retiree Healthcare Exchange program in order to receive the stipend. As a reminder, an eligible retiree must be enrolled in the ORRCC medical coverage in order for eligible spouse to enroll in Pre- or Post-Age 65 retiree medical coverage (this does not apply to surviving spouse).
As a reminder, effective January 1, 2023, UCOR has implemented changes to the RRA process by transitioning from the full rollover RRA balance to a different rollover method using a $5,000 fixed-amount approach, along with a 90-day runout period from end of calendar year.
Example: A participant has a $6,000 balance at the end of 2022. UCOR will allow a maximum of $5,000 to roll year over year. On January 1, 2023, $5,000 will roll forward, plus the retiree will receive the 2023 subsidy of $2,688. Their available balance for 2023 spending would be $7,688. The remaining $1,000 from 2022 must be spent down during the 2022 run out period against the 2022 plan or it will be forfeited.
Additional information regarding the ORRCC Retiree Healthcare Exchange will be posted to this web site as information becomes available.
If you have retired from K-25 prior to April of 1998 please contact the One Call Service Center (Y-12 Benefits) at 865-574-1500.