News from PEHP

PEHP is pleased to announce the following enhancements to PEHP Term Life*, effective July 1, 2010:

• The maximum voluntary coverage for employees and spouses increases from $300,000 to $450,000. Any increased coverage above $300,000 will require evidence of insurability and will be subject to underwriting requirements.
• Active employees and spouses ages 66 to 70 will no longer have a reduction in coverage. They will join a new 10-year tier for ages 61 to 70. At ages 71-75, coverage amounts will reduce to 50% of the original amount and 25% of the original amount at age 76.

All changes to the PEHP Term Life plan will be subject to the PEHP Life and Accident Master Policy and existing administrative guidelines.

New coverage amounts will be effective after your application is processed and payroll deduction is implemented.

(*Availability may vary by risk pool)