CTPF 2027 MEDICARE HEALTH INSURANCE HANDBOOK 2 CTPF Annuitant Health Insurance Choosing a health insurance plan for you and your eligible dependents is one of your most important decisions. The Chicago Teachers’ Pension Fund (CTPF) sponsors comprehensive plans designed to promote wellness and provide high-quality coverage at a reasonable cost. CTPF must be your final retirement system to be eligible for these plans. This Handbook is your resource for current information about the Chicago Teachers’ Pension Fund (CTPF) health insurance options, premiums, and changes to plans. Health Insurance Premium Subsidy The Health Insurance Premium Subsidy is set annually by the Board of Trustees. The subsidy will be 55% in 2027. The subsidy is only available to eligible CTPF members. Dependent coverage is not eligible for the subsidy. How can members reduce expenses? Talk to your doctor about drug options, especially if a generic alternative is available for your brand or specialty prescription. Switching to generics can lower your out-of-pocket cost. Open Enrollment and Vendor Education | Register Today! The 2027 Open Enrollment Period will run from October 1-31, 2026. During this time, annuitants can enroll, add, or drop a dependent, or change a health insurance plan or carrier. Changes become effective January 1, 2027. All plans offered in 2026 will be offered in 2027. You do not need to take any action to stay enrolled. CTPF will offer Medicare webinars on Thursday, October 1 and Friday, October 2, with options to dial-in. There will also be an in-person seminar Tuesday, October 6, 2026, at 9:30 a.m. Vendors will be available at the in-person seminar and will offer webinars the week of October 5, 2026. Visit ctpf.org/calendar to register for webinars and call Member Services at 312-641-4464 to register for the in-person seminar. Seminar registration will open Wednesday, September 23, 2026. Webinars and presentation materials will be posted for on-demand viewing at ctpf.org/open-enrollment after the presentation. Please use this handbook for the Open Enrollment Webinar, Seminar, and for future reference. Register for all CTPF Medicare online events at ctpf.org/calendar 2027 Open Enrollment MEDICARE PRESENTATIONS Thursday, October 1, 2026 Open Enrollment Webinar & Call | 10:00 a.m. Register at ctpf.org/calendar. Dial-in Option: Call 1-312-626-6799 when prompted enter Meeting ID: 832 7745 5710 | Passcode: 168959 Friday, October 2, 2026 Open Enrollment Webinar & Call | 10:00 a.m. Register at ctpf.org/calendar. Dial-in Option: Call 1-312-626-6799 when prompted enter Meeting ID: 891 6094 4583 | Passcode: 713937 Tuesday, October 6, 2026 Open Enrollment In-Person Seminar | 9:30 a.m. Hilton Chicago/Oak Lawn | 9333 S. Cicero Ave., Oak Lawn, IL, 60453 Registration is REQUIRED for the seminar. Registration will open September 23, 2026. Call Member Services at 312-641-4464 to register. Vendors will be available at the seminar and free parking is available. VENDOR EDUCATION Vendor Education | October 5 - 9, 2026 CTPF carriers will host information sessions for members who want to hear directly from health insurance plan vendors. For session dates, registration, and dial-in information visit ctpf.org/calendar.
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