Employees hired on or after July 1, 2015 are not eligible for UNM post-retirement medical and dental benefits.
For employees hired on or before June 30, 2015, the University of New Mexico offers eligible Pre-65 retirees medical benefits, in addition to retirement benefits available under the ERA Defined Benefit plan or the Alternative Retirement Plan. To access these benefits, a potential retiree must meet the criteria of University Administrative Policy 3600, Section 3.1
Pre-65 Retirees are defined as those employees who retire from the University of New Mexico before the age of 65. Pre-65 retirees have access to the same medical coverage that they had as active employees, but pay premiums based on the percentages outlined in the VEBA premium contribution rate schedule below.
Effective July 1, 2013: the contribution percentage that a retiree pays toward the cost of premiums is determined by service credits paid into the UNM Voluntary Employee Beneficiary Association (VEBA). The percentage of contribution toward the cost of premiums for Pre-65 post-retirement benefits will increase 5% each year until Fiscal Year 2019-2020, when it reaches a split of 60% retiree contribution and 40% UNM contribution. For more information on the VEBA, please refer to UNM Policy and Procedure 3600, section 3.1.
Medical Coverage Carriers
Pre-65 retirees have access to the same medical coverage that they had when they were active employees. UNM offers medical coverage options through UNM Health, BlueCross BlueShield of NM, and Presbyterian.
For more information on the specific coverage available under these carriers, please refer to the medical coverage page.
Medical ID Cards
Medical ID cards are sent directly from the UNM Medical carrier.
Prescription Drug Plan
Enrollment in the UNM Prescription Drug Plan is automatic once enrolled in a UNM Health, BlueCross BlueShield of New Mexico, or Presbyterian Medical Plan.
UNM contracts directly with a Prescription Benefits Manager (PBM), Express Scripts, Inc., for the administration of prescription drug benefits.
For details, please visit the Prescription Drug Plan webpage.
Prescription ID Cards
Prescription Drug ID cards are sent directly from Express Scripts. Dependents will not receive a card with their name(s). Everyone covered will use the card with the primary member's name.
If you did not receive your ID card, please contact Express Scripts to have one sent to you.
You must provide your Express Scripts ID card to your pharmacist.