"The Big Picture" Newsletter

March 2007 Issue

CIGNA International Introduces Group Health Program for Retirees Living Outside Their Home Countries

Retirees living outside their home countries now have access to a new CIGNA International Expatriate Benefits (CIEB) global program for retirees and their eligible dependents. The program provides primary medical, dental, and vision benefits for covered individuals in the United States and abroad whose employers are CIEB clients.

"Employers have been asking for a retiree program. There is a growing demand for private benefits plans as more retirees choose to live abroad," said Glenn Maykish, vice president - Sales. "CIEB is happy to be able to accommodate this market demand as we continue to introduce innovative solutions to the international benefits arena."

In the United States, the Medicare program generally does not provide coverage for beneficiaries living overseas. Social security programs of other countries frequently provide limited or no coverage for beneficiaries who reside outside of their home countries.

Under the new program, CIEB clients that have purchased a medical policy for their expatriate workforce on assignment outside their home countries can elect to extend benefits to their retiree population. Retiree benefits are typically modeled on the benefits available under the group's expatriate policy. Retiree coverage is not available to companies without a current expatriate benefits policy.

About CIGNA International Expatriate Benefits
CIEB is a leading provider of international benefits for expatriates, business travelers, and now, retirees abroad. A business unit of CIGNA International, CIEB provides coverage for expatriates in more than 170 countries and jurisdictions around the world. As one of the first expatriate benefit carriers on the international scene more than 27 years ago, CIEB offers experience and multinational presence to meet the daily challenges that international employers, employees and their families face.