Retiree Medical

Retiree medical coverage, which includes mental health and chemical dependency and prescription drug coverage, helps you pay the cost of covered medical expenses for the treatment of an injury or illness. It also covers certain preventive medical services. You may choose from different types and levels of coverage.

Note: Medical and mental health and chemical dependency coverage is administered by your medical carrier. Prescription drug coverage is administered separately.

To learn how your company coverage works with Medicare, review Medicare and Your Nokia Coverage.

Eligibility

Nokia retiree healthcare coverage is available only to Medicare-eligible retirees and their eligible Medicare-eligible dependents.

You are eligible for Nokia retiree healthcare (retiree medical and dental) coverage when you become eligible for Medicare if, upon termination of employment, you have met either of the following age and service requirements:

  • At least age 50 with at least 15 years of service; or
  • At least age 55 with at least 10 years of service.

You pay the full cost of any coverage you elect. The company does not pay any portion of your coverage.

Review the current Enrollment Action Guide and Benefits At-a-Glance and Resource Contact Information in the annual open enrollment section of this website for details.

Note: Nokia retiree healthcare coverage is not available if you are not eligible for Medicare, even if upon termination of employment, you met one of the age and service requirements described above. However, when you become eligible for Medicare, you may be eligible for Nokia retiree healthcare coverage at that time.

Eligible Dependents

If you are an eligible retiree, you can enroll your eligible Medicare-eligible dependents. Dependents who are not eligible for Medicare are not eligible for coverage, although they may become eligible when they become Medicare-eligible. In addition, new class II dependents may not be enrolled in coverage at any time. Review Defining Eligible Dependents for more information.

Coverage Options and Costs

Coverage Options

If You Are Not Eligible for Medicare

You are not eligible for Nokia retiree medical coverage if you are not eligible for Medicare. However, you may be eligible for Nokia retiree medical coverage when you become eligible for Medicare if, upon termination of employment, you met one of the age and service requirements described in “Eligibility” above.

If You Are Eligible for Medicare

If you have met one of the age and service requirements described above in “Eligibility” and are eligible for Medicare, you and any Medicare-eligible dependents are eligible for Nokia retiree medical coverage. You may choose from the following options:

  • UnitedHealthcare® Group Medicare Advantage (PPO); or
  • Medicare Health Maintenance Organization (Medicare HMO).

While all of the options cover many of the same services and supplies, there are differences in how you access care and how you pay for that care. Review the current Benefits At-a-Glance and Resource Contact Information in the annual open enrollment section of this website and/or Medicare and Your Nokia Coverage, or contact the carrier for information on the specific coverage options that may be available to you and your Medicare-eligible dependent(s).

If you are eligible to enroll in a Medicare HMO, contact the Medicare HMO directly for details about its covered services and supplies. Medicare HMO contact information is listed on the back of your medical ID card (if you are enrolled) and on the YBR website.

Note: Your eligible dependents may be eligible for Nokia retiree medical coverage upon becoming eligible for Medicare. You may enroll such Medicare-eligible dependents in Nokia retiree medical coverage during any annual open enrollment period, for coverage for the following calendar year, or during the year if they experience an appropriate Life Event (qualified status change). Keep in mind, becoming Medicare-eligible is not considered a qualified status change that would allow a dependent to be enrolled in Nokia coverage outside of annual open enrollment.

Costs

You pay the full cost of coverage. For your specific costs, visit the YBR website.