Raytheon health insurance for retirees

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    • March 30, 2019 at 12:35 am #12304
      Wai Hom
      Participant

      I am not a retiree yet but I read somewhere that if I retire from RTN after age 60, I can continue the employee health insurance.
      My questions are:
      1. Is it a Cobra-like plan?
      2. What are the rates like?
      3. I started at Raytheon back in 2014. Do I need a need a bunch of service years to qualify?

      I joined ARR tonight to start retirement preparation (because everybody around me is retiring). I plan to retire in 4 years.

    • May 30, 2019 at 1:30 pm #12574
      Robert Bowser
      Participant

      If you qualify, and retire after age 60, you can stay on the Raytheon plan for Medical and dental. You just pay the full amount (Raytheon’s part and your part).

      I just retired so, if comes out of your retirement check, and is pretty seamless.

      I am not sure if there are other qualifications needed, but I did have a bunch of years. You can call or chat with the Raytheon Benefit center or find someone in HR who knows the answer.

      Bob B

    • May 30, 2019 at 11:58 pm #12595
      Wai Hom
      Participant

      Thanks Bob!

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