The Ghi Senior Care Program is a crucial aspect of healthcare benefits for retired employees under the New York City Employee Health Benefits Program. Administered by the Management Benefits Fund (MBF), this program offers comprehensive health coverage tailored to the needs of senior citizens. This guide aims to provide a detailed overview of the GHI Senior Care program, addressing common questions and highlighting its key benefits.
One of the frequently asked questions is, What exactly is GHI Senior Care? GHI Senior Care is a health coverage plan detailed in the Summary Program Description (SPD) published by the New York City Employee Health Benefits Program. This SPD contains extensive information about the coverage options and riders available under GHI Senior Care. For those seeking in-depth information, the SPD can be accessed in the forms download section of the Employee Health Benefits Program website, or a physical copy can be requested by calling (212) 513-0470.
A significant benefit within the GHI Senior Care program is the GHI Senior Care Drug Rider Subsidy. This subsidy is a direct payment from the Management Benefits Fund to the Health Benefits Program. It’s specifically designed for Retired Fund members and their spouses or domestic partners who are enrolled in the GHI Senior Care Program and choose to include the prescription drug rider in their coverage.
Who is eligible for this valuable GHI Senior Care Drug Rider Subsidy? Eligibility is extended to Retired Management Benefits Fund members and their spouses or domestic partners who are participants in the GHI Senior Care Program and have opted for the prescription drug rider. This ensures that those who need prescription drug coverage as part of their senior care receive financial assistance.
The benefits of the GHI Senior Care Drug Rider Subsidy are substantial. To help manage the increasing costs of prescription medications, the Fund provides a subsidy of $50 per person, up to a maximum of $100 per household. This payment is made directly to the health benefits program on behalf of eligible Retired Fund members and their spouses/domestic partners who are covered by both the GHI Senior Care Program and the prescription drug rider. This subsidy effectively helps to offset out-of-pocket expenses for necessary medications.
Finally, understanding how the GHI Senior Care Drug Rider Subsidy is paid is important. The Management Benefits Fund handles the subsidy payment directly to the Health Benefits Program. The member’s pension check then reflects this subsidy, ensuring a seamless and direct process that simplifies access to these crucial benefits.
For further exploration, you can learn more about the Management Benefits Fund and delve deeper into the specifics of GHI Senior Care. Additionally, you can download a dedicated section of the Fund booklet for offline reading and reference, and download the comprehensive Summary Program Description for complete details.
