Be in the know
Review your retiree coverage and what’s new for 2024.
Humana Health Maintenance Organization (HMO) in Louisiana no longer offered
Humana decided to discontinue its HMO at the end of 2023. If you’re currently enrolled in the Humana HMO and don't take action, you’ll be automatically enrolled in the High Deductible Medical Plan. Learn about key considerations.
High Deductible Medical Plan embedded individual deductible adjusted based on IRS guidelines
Under the High Deductible Medical Plan, you have an individual deductible level even with family coverage. The embedded deductible may save you money if one individual has major health care needs and others do not. For 2024, the individual embedded deductible under family coverage is $3,200.
Cigna HMO (where available) will transition to digital ID cards
You can access 2024 ID cards at www.myCigna.com or through the MyCigna app. For additional details, review the Cigna digital ID flyer and frequently asked questions.
Updates to contributions
Contributions are adjusted each year to reflect the overall claims experience within the Dow population and expected medical and pharmacy expenses going forward. They are also the result of general trends in costs for medical and pharmacy care, administration and related expenses.
What you pay depends on your plan and coverage level, so be sure to review your costs when you enroll. If you have more than one option available to you, you could save money by choosing the most cost-effective plan for your particular situation.
Read more about costs for coverage and review the 2024 summaries.
Save more tax-free dollars
If you enroll in the High Deductible Medical Plan and meet all the IRS requirements, consider contributing to your own Health Savings Account (HSA). In 2024, you can contribute $4,150 if you are in individual coverage or $8,300 for other coverage tiers. If you are age 55 and over, you can contribute an extra $1,000. Learn how the High Deductible Medical Plan and an HSA make a great pair.
Connect to an enhanced Aetna One® Advocate experience with CVS
Aetna One Advocate is now your one-stop shop for all your health care and prescription drug questions. Learn more.
Enhanced mental health support available through Aetna
If you're enrolled in an Aetna medical plan, you now have access to additional mental health support for kids and teens through Brightline, as well as enhanced search capabilities for mental health virtual care providers. Learn more.
Other important things to know.
- As you or your spouse/domestic partner approach Medicare eligibility, there are mid-year considerations to keep in mind. If you’re turning age 65 next year, watch for a postcard with items to think about as you enroll.
- If your spouse/domestic partner is also a Dow retiree (or employee), don’t enroll for coverage twice.
- To allow another person to access information about your plan/benefits, you must have an approved authorization on file.
- To permit another person to make decisions for you without the need for your approval, you need to submit a Power of Attorney (POA) to Dow that describes the powers you wish to give.