can I keep my company mutual insurance when I retire?

Question to an expert

I am retiring, how long will I be able to keep my company’s complementary health insurance and will the price change?

Article 4 of the law of December 31, 1989known as the “Evin law”, provides that, when they retire, employees leaving the company can keep the complementary health insurance they benefited from as part of their collective and compulsory contract.

It is up to the employer to keep the insurer informed of the employee’s retirement. The latter benefits from six months from the end of his employment contract to decide whether to keep his company mutual insurance. If applicable, he must inform the organization by registered mail.

Price increases

Even if the guarantees taken out by the company are interesting, extending your complementary health insurance into retirement is not always a good operation, you have to do your calculations. On the one hand, because the employer no longer covers half (or more) of the contributions.

On the other hand, because the new contract only benefits from the rates negotiated by the employer for one year. After this period, a price increase is applicable. It is 25% the second year, 50% the third and without limits from the fourth year.

The insurer may also refuse to extend the guarantees to other members of the family. Finally, the guarantees and services included in the contract may no longer be suitable for a retired person (maternity package, orthodontics for those under 16, etc.).