When you become eligible for Medicare, most of your AECOM benefits stay the same — but there are a few important steps to keep in mind to make sure your transition is smooth:
- If you have a Health Savings Account (HSA), you should stop contributing to your HSA six months before you retire or apply for benefits from Social Security. This will ensure you avoid a tax penalty. Log in and select the Change My Coverage menu at the top of the homepage.
- However, you can continue to use your HSA balance to pay your eligible health care expenses.
- Other than stopping your HSA, you don’t need to do anything. There is no change to your AECOM benefits when you are eligible for Medicare.
- Covers care in hospitals, skilled nursing facilities and other medical institutions.
- For coordination of benefits, while you are an active employee, your AECOM plan is primary, and Medicare Part A is secondary.
- Covers doctor visits, outpatient care and preventive services.
- Optional while you are an active employee—you do not need to enroll if you are covered under an AECOM Medical plan.
- Once you retire, you have 8 months from the time your AECOM employee coverage ends to enroll in Medicare Part B without penalty.
- For coordination of benefits, your AECOM plan will be considered primary, and your Medicare Part B coverage will be secondary (if you choose to sign up for Part B).
- Provides coverage for prescription medications.
- After retirement, you have 63 days from the end of your AECOM coverage to enroll without penalty.
- If you are applying for Medicare coverage and need a CMS – L564 form completed, please submit an Employee Center ticket under: Employee Services > Compensation and Benefits > Health and Other Insurance.
- No need to attach a form to the request. Please allow 2–3 business days for response.
Alight
Enter AECOM as your employer. You’ll need your Alight personalized benefits account user ID and password. If you don’t have an account, register with the last four digits of your Social Security number, your phone number and your ZIP code.
