Retirement and COBRA information
COBRA participants
Employees, spouses, domestic partners, and all eligible dependents are entitled under the federal Consolidated Omnibus Budget Reconciliation Act of 1986 (COBRA) to continue health benefits coverage under the SAIF Corporation health plan in the event of certain qualifying events. You may purchase continued coverage under SAIF’s group plan for you and any eligible dependents. If you elect continuation coverage under COBRA, you must pay the full cost of the premiums each month. Payments are due in advance by the first of each month.
- COBRA medical rates [PDF]
- COBRA dental and vision rates [PDF]
All eligible COBRA participants will receive information and enrollment form through ASI COBRA.
SAIF retirees
Employees, spouses, domestic partners, and all eligible dependents are entitled to enroll in SAIF Corporation’s benefits provided that the SAIF employee is under age 65, retires from SAIF Corporation, and applies for Public Employee Retirement System (PERS) benefits within 60 days from date of separation. The retiree must pay the full cost of the premiums. Payments are due in advance by the first of each month.
- Retiree medical rates [PDF]
- Retiree dental and vision rates [PDF]
All eligible Retiree participants please review the information found on this page, complete this Retiree enrollment form [PDF], and submit the completed enrollment form to ASICobra.
Medical plans
In addition to the current SAIF medical plans, Retirees also have the option to enroll in the Providence Early Retiree PPO plan.
Dental plans
Vision plans
Voluntary plans
Mental health platform through Lyra Health
You can continue coverage under SAIF’s mental health platform, Lyra Health, which supports your emotional and mental health through this transition. Lyra is completely confidential and provides outside counseling and coaching. Please review the Retiree-COBRA benefits summary on how to continue this benefit.