South Carolina offers a state insurance plan that employers can participate in. If you are a retiree who was employed with one of these providers, then you may be eligible for coverage during retirement.
Time Frame
In order to be eligible for this coverage during retirement, you must have worked for an eligible employer for a minimum of five years. These five years must have been immediately before you retired and you must have been employed in a permanent and full-time position.
Types
You must have qualified for one of three types of retirement through the employer: retirement due to age, retirement due to length of employment, or retirement due to an approved disability.
Considerations
If you are considered a "nonfunded" retiree, then you are still eligible for this health insurance program, but you are responsible for paying the full premium. This means you must pay the employee portion of the premium, as well as the employer portion of the premium.
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