102 KAR 1:100 - Insurance
RELATES TO: KRS 161.675
NECESSITY, FUNCTION, AND CONFORMITY: KRS 161.675 authorizes the trustees to enter into contracts with insurance carriers to provide hospital-medical insurance for members retired for service or disability and for certain dependents of retirees. This administrative regulation sets out procedures under which this coverage shall be provided.
Section 1.
The Board of Trustees of the Teachers' Retirement System shall provide for
members retired for service; members retired for disability; eligible spouses
and eligible children of retired members as provided in
KRS
161.675; and spouses receiving monthly
benefits under the provisions of
KRS
161.525, a medical benefit program that
includes hospital room and board, drugs and medicines, doctor fees, nursing
care, and convalescent hospital care.
Section
2. Specific material provisions and exclusions shall be provided
in the blanket contract with the insurance carrier selected by the board of
trustees, the master policy issued under the contract, and any modifications to
the contract or master policy approved by the board of trustees.
Notes
STATUTORY AUTHORITY: KRS 161.310, 161.675
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