Iowa Bankers Association Iowa Bankers Mortgage Corporation
Iowa Bankers Insurance
and Services
8800 NW 62nd Avenue
PO Box 6210
Johnston, IA 50131
Toll-Free: 800-532-1423
Fax: 515-286-4214

IBBP Customer Service:
    800-258-1415
125 Claim Fax:
    515-286-4244
IBBP Billing Fax:
    515-286-4369

Agent Customer Service:
    800-775-8858

Retiree Plans

Retiree Plans

Your employer may offer retiree plans through Iowa Bankers Insurance and Services (IBIS) based on your age when you retire. Please contact your employer to find out if retiree coverage is available to you.

Employees Retiring Age 60 Through 64 and Spouses 

Health Plan Design

The Retiree Health Plan is the $4,500/9,000 deductible plan with a $6,350/12,700 out of pocket maximum. The Retiree Health Plan may be continued until the first day of the month of your 65th birthday.

Dental Plan Design

The Retiree Dental Plan is Dental Plan II. You may continue the Retiree Dental Plan past your 65th birthday.

Vision Plan Design

The Retiree Vision Plan coverage and premium are the same as the coverage and premium for active employees. You may continue on the Retiree Vision Plan past your 65th birthday.

Employees Retiring at 65 or Older and Spouses 65 or Older

Health and Prescription Options

Employees retiring at age 65 or older are eligible for Medicare plans. Iowa Bankers Insurance and Services offers retirees Medicare Supplement and Medicare Part D plans.

You may enroll in the appropriate Medicare plan of your choice. Your benefit options will vary depending on if you have a spouse, and if so, his or her age.

  • Click here to go to the Medicare Costs at Glance page of the Medicare website at www.medicare.gov.
     
  • Click here to go to Medicare Matters, a resource from Wellmark. Whether you're new to Medicare or want a refresher, this guide can help you understand the costs, benefits, and choices offered by the country's largest health insurance program.

  • Click here to go to the IBBP Retiree Guide, which provides information about benefit options for retiring employees.

 

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Mid America Banking Insurance Services, Inc., a subsidiary of IBIS, provides insurance programs to banks outside of Iowa. 

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Iowa Bankers Mortgage Corp. (IBMC) offers the products & experience Iowa banks need in the secondary mortgage market.

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The Iowa Bankers Association (IBA) is dedicated to serving Iowa banks and their employees.

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