Health Insurance

Health insurance is an important part of a secure retirement. DERP offers you and your qualified dependents access to health insurance so you can continue to safeguard your family. Health insurance includes medical plus prescription drug, dental, and vision plans. You may enroll in one or all three types of coverage.

2021 Health Insurance Options

Need help deciding?

Download the Your Guide to 2021 DERP Retiree Health Benefits book which provides a wealth of information to help you select the medical plus prescription, dental, and/or vision plans that will meet your needs.

Take a look at the presentations from our carriers explaining the benefits their plan provides.

  • Humana Medicare Advantage HMO, PPO-M, and PPO-R – video
  • Kaiser Senior Advantage – video
  • Denver Health Medical Plan HDHP and HMO – video
  • Kaiser Permanente Colorado HDHP and DHMO – video
  • United HealthCare HDHP and Colorado Doctors Plan (CDP) – PowerPoint
  • Cigna Dental – video
  • Delta Dental – video
  • VSP – PowerPoint
Health Insurance Eligibility

Who is eligible to enroll in health insurance coverage through DERP?

  • Members receiving a DERP Pension Benefit and their eligible dependents may enroll in medical, dental and/or vision insurance with DERP.
  • Members must be in enrolled in health insurance for any dependents to be enrolled. Eligible dependents include:
    • Your spouse
    • Your children to age 26
    • Your dependent children of any age who are physically or mentally unable to care for themselves
Health Insurance Enrollment

You can enroll or make changes to your health insurance at retirement, during Open Enrollment, or when you experience a qualifying life event.


When you retire, you can elect to enroll in health insurance within 30 days of receiving your first monthly lifetime DERP Pension Benefit payment. In most cases, your health insurance is effective when your DERP Pension Benefit becomes effective.

Health insurance enrollment is part of the retirement application process. If you are completing the Retirement Application online, you will enroll using your account.

As an alternative, you can complete and return the hard copy Insurance Enrollment/Change Form to DERP within 30 days from when your DERP Pension Benefit becomes effective. Visit DERP’s Forms page and expand the Health Insurance section for the enrollment forms.

Open Enrollment

DERP’s annual Open Enrollment is the month of October. Open Enrollment is your opportunity to reflect on your needs and fine-tune your benefits package to match. Take this opportunity to think about the changes you have experienced in the past year or anticipate in the coming year and determine what plan(s) will best meet your needs. Any changes you make during Open Enrollment will be effective January 1 of the following year.

To update your health insurance, log in to your account and click the Insurance Enrollment button.

Qualifying Life Events

A qualifying life event is a change in your situation that makes you eligible to update your health insurance outside of DERP’s annual Open Enrollment period. A qualifying life event includes:

  • Becoming eligible for Medicare
  • Change in marital status
  • Involuntary loss of previous health insurance
  • Change in residence and becoming ineligible for your current health insurance

Changes to your health insurance must be within 30 days of a qualifying event.

Email as soon as possible so we can work with you to get the proper paperwork and supporting documentation related to your qualifying life event.

Insurance Premium Reduction Benefit

The Insurance Premium Reduction (IPR) Benefit is a benefit in which DERP contributes towards your monthly health insurance premiums. The amount DERP contributes is a based on your years of service and Medicare status. To be eligible for the IPR Benefit, you must be enrolled in group health insurance offered by DERP. In addition, the IPR benefit is only available to members and spouses receiving a joint and survivor benefit.

Payment of Insurance Premiums

Insurance premiums are deducted from your monthly pension benefit on a post-tax basis.

Any premiums not covered by your pension benefit will be debited from your checking or savings account on the 6th calendar day of each month. If the 6th calendar day falls on a Saturday, Sunday, or federal holiday, premiums will be deducted from your account the next business day.

Health Insurance Disenrollment

You can cancel your health insurance for yourself and/or any dependent at any time. Cancellations are effective the first of the month following receipt of the written request for cancellation. If you cancel coverage for you and/or your dependents during the year, you can re-enroll during the Open Enrollment period in October with a January 1 effective date.

Complete and email the Insurance Disenrollment Form to disenroll from your non-Medicare health, dental, and/or vision coverage. Visit DERP’s Forms page and expand the Health Insurance section for the disenrollment form.

Email to request disenrollment paperwork for your Medicare coverage.