What is Aetna TRS Active Care?

What is Aetna TRS Active Care?

The TRS-ActiveCare 2 plan is an “Aetna Open Access Choice POS II” plans, which works very much like a PPO. You are free to receive care from any licensed doctor or other health care provider. When you choose providers who belong to Aetna’s network, you will pay less out of your pocket for covered services.

What is TRS Active Care primary?

TRS-ActiveCare Primary+ It has $30 copays for primary care and $0 TRS Virtual Health. It also works with a Member Rewards Program, where you can earn credit toward future health care services. Participants (and spouses/dependents) will need a Primary Care Provider (PCP) who’s in the Texas network of providers.

Is TRS care a high deductible plan?

If you and your family are enrolled in the TRS-Care Standard plan, you have an in-network family deductible of $3,000. A single person or multiple persons in the family can meet this deductible. Even if you are on a family plan, you – an individual – will pay no more than $5,650.

What is a TRS provider?

Telecommunications Relay Service allows persons with hearing or speech disabilities to place and receive telephone calls. TRS providers – generally telephone companies – are compensated for the costs of providing TRS from either a state or a federal fund.

Why is teacher health insurance so expensive?

For family coverage, teachers contribute more, thereby covering the higher plan cost themselves. Employees incur out-of-pocket costs, in addition to premiums. One reason teachers’ insurance plans are more expensive is that plan design features (such as generally lower deductibles) reduce their out-of-pocket costs.

What is TRS-care on paycheck?

TRS-Care is the health insurance program more than 260,000 retired Texas educators rely upon. The program is provided by the Teacher Retirement System of Texas (TRS), the state agency responsible for running teachers’ retirement pensions. The average retiree receives $2,035 per month from the TRS pension.

What is TRS-Care member contribution?

Funding. TRS-Care receives state general revenue contributions equal to 1 percent of the salaries of all active public education employees. The active public education employee contribution rate is 0.65 percent of payroll, while school districts contribute 0.55 percent of payroll.

What is a TRS surcharge?

The amount of the pension surcharge is equal to the amount of both member and state contributions on the compensation paid to the retiree. If the retiree is also participating in TRS-Care, the employer will also owe a TRS-Care surcharge to TRS. Go to TRS-Care Surcharge Self-Audit for further instructions.

When can I retire from TRS?

If you have an active TRS account, you may retire after completion of at least 25 years of service and be less than age 60, but your retirement benefit will be subject to an early retirement penalty.

How does TRS work in Illinois?

TRS members include Illinois’ local teachers and educational administrators, excluding the city of Chicago. Members of TRS with 35 years of service can retire at age 55 and still draw a starting pension equal to 75 percent of their final average salary. More than 71 percent of TRS members retired before the age of 60.