Be in the know
Review your retiree coverage and what’s new for 2023.
Choose from the same medical options with updated rates
Contribution increases vary depending on plan and coverage level. Read more about costs for coverage and review the 2023 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 2023, you can contribute $3,850 if you are in individual coverage or $7,750 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.
Consider what's changing for Medicare retirees
Coverage options through Aetna are transitioning to a new plan structure for 2023. Medicare-eligible individuals continue to have the same plan choices but through a Medicare Advantage arrangement. This helps keep plan costs and retiree premiums as low as possible while keeping overall coverage the same. When you reach age 65, you will receive more information about your Dow Medicare Advantage coverage options.
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.