Emeriti plans are available to eligible faculty and professional staff age 60 through 64 who are not yet eligible for coverage through Medicare (“pre-65” plans), and for those age 65 and older who are enrolled in Medicare Parts A and B (“post-65” plans).  Plans for those age 65 and older coordinate coverage with Medicare.

Upon turning age 65, eligible faculty and professional staff will receive a monthly subsidy from the College to help offset healthcare premiums for their life.  The subsidy is equivalent to 70% of the premium for one retiree in the post-65 Emeriti Medicare Advantage PPO Premium Plan plus 70% of the premium for one retiree in the post-65 Emeriti Medicare Part D RX Plus Plan, plus the monthly Emeriti service fee, based on premiums in the 17603 zip code.  

The subsidy amounts are as follows:

  2021 Monthly Subsidy
Retiree Only $146.01
Retiree + Spouse $283.47

The monthly subsidy is deposited on the retiree’s behalf into a Franklin & Marshall VEBA Trust - Emeriti Plan account at TIAA. The College offers a group health plan program through Emeriti; however, you do not have to enroll in this program to receive the subsidy.  You can use the subsidy towards your own individual policy outside of this program.

The Emeriti plans are administered by Emeriti Retirement Health Solutions and are currently insured through Aetna.  Coverage is offered nationwide. Several different medical and prescription drug plans are offered allowing retired employees to choose the plan options that best meet their needs.  An optional dental plan is also available.


How do I enroll?

If you decide that you’d like to enroll in the Emeriti program, this election must be made within a 90 calendar day period beginning the later of:

  1. The retirement date;

  2. The date temporary continued coverage through Cobra ends;

  3. The date the retiree becomes age 65; or

  4. The date the retiree enrolls in Medicare Part A and Part B

You will not be eligible again unless a qualifying event occurs.  To enroll, please call Emeriti at 1-866-363-7484 and choose Option #2.

Dependent’s Coverage Upon the Retiree’s Death

Upon the death of a retiree, any covered dependent may retain coverage through an Emeriti plan for life, even if the retiree passes away before the dependent.  However, the College-paid subsidy will cease when the retiree passes away and the dependent will pay the full premium effective with the death of the retiree.