OPERS Medicare Connector Frequently Asked Questions
Below is a list of frequently asked questions, asked by you, our retirees.
Will the $300 annual lump sum Health Reimbursement Arrangement deposit continue beyond 2018?
The Health Reimbursement Arrangement annual lump sum deposit of $300 was originally approved by the Board for plan years 2016, 2017 and 2018 to help Medicare Connector participants pay for out-of-pocket prescription drug expenses, particularly those who had new expenses while in Medicare's Part D coverage gap (also known as the "donut hole"). Since it was recently announced that the coverage gap for brand-name drugs would close in 2019, the $300 lump sum payment will not be extended another year.