Choosing Retiree Health Coverage
Sweeping changes to all Medicare plans in 2025
The Inflation Reduction Act (IRA) impacts all Medicare coverage, and we have worked with our longtime Medicare navigation partner Amwins to apply the IRA changes to our 2025 CPS Medicare options in the most beneficial way for retirees. No action is needed – these changes are being implemented and will be reflected in our 2025 coverage.
For a detailed summary of the 2025 Medicare changes, please review our 2025 State of Medicare guide or watch our recorded webinar: Medicare and CPS Medicare Options. Overall, the changes are designed to make prescription medications more affordable for retirees.
view the guide. watch the webinar
Choosing 2025 Coverage
Choosing the right Medicare coverage for 2025 can be tough – there have been a lot of changes, and there are so many options, how do you compare?
Here are some resources to help:
- Review our CPS Medicare Options Enrollment Guide, for coverage details and information about dental and vision.
- View options side-by-side with our CPS Medicare Coverage summary chart.
- Watch a presentation about our 2025 Medicare Advantage Option.
- Check if your medications are “covered drugs” with the easy-to-use online prescription look-up tool.
- Read our FAQs about CPS Medicare coverage.
Your 2025 CPS Medicare options
If you are 65 years-of-age or older and retiring, you’re eligible to purchase one of the CPS Medicare with Prescription (Rx) Options. All plans include medical benefits, prescription drug coverage, access to wellness benefits like Silver Sneakers, TruHearing discounts and more. Retirees enrolled in the Concordia Retirement Plan can take advantage of this comprehensive coverage at specially negotiated costs.
- CPS Advantage w/Prescription Coverage (Rx) uses the Humana network for medical coverage and the Go365 program that provides incentive rewards for wellness activities.
- CPS Supplement w/Prescription Coverage (Rx) and CPS Supplement 2 w/Prescription Coverage (Rx) offer comprehensive coverage with two different levels of coinsurance. Any provider that accepts Medicare is considered in-network. Enrollees also receive free mental health phone counseling services.
Teleconference Information Session Dates and Times:
Phone number for all sessions: 844-613-5261
Tuesday, Oct. 22, 2024
· 12 p.m. CT - Conference ID: 564 962 092, then #
· 5 p.m. CT - Conference ID: 818 538 240, then #
Wednesday, Oct. 23, 2024
· 12 p.m. CT - Conference ID: 754 470 908, then #
· 5 p.m. CT - Conference ID: 501 808 430, then #