What are Premium Rewards?
Premium Rewards is an incentive for participants in the COVA Care and COVA HealthAware plans who complete certain specific healthy actions within defined time frames. An employee/retiree group participant and their enrolled spouse can earn a monthly reward of $17 per month ($34 for employee/retiree and spouse) if they fulfill the requirements to earn an incentive. Premium Rewards requirements for the 2024-2025 plan year are provided below and will be posted to the DHRM website.
Premium Rewards requirements for the July 1, 2024 through June 30, 2025 plan year:
Premium Rewards for the plan year starting July 1, 2024, will be available to all employees and non-Medicare-eligible retiree group participants and their covered spouses enrolled in the COVA Care or COVA HealthAware plan. Participants will only have to complete and submit an online Health Assessment as described below to receive a Premium Rewards incentive. All participants must complete or update and submit the Health Assessment between May 1 - May 15, 2024, to earn a Premium Rewards incentive effective July 1, 2024. If no Health Assessment is completed and submitted during this time, any existing Premium Rewards incentive will be terminated on June 30, 2024. Please remember that an employee/retiree group participant and their respective spouse must set up a separate online account and complete their own Health Assessment. COVA Care and COVA HealthAware participants, including those who newly enroll during the plan year (employees/retirees and spouses) can earn an incentive after July 1 at any time during the plan year if the requirement is met.
Please note:
• Employees and/or retired non-Medicare eligible participants and spouses enrolling in COVA Care or COVA HealthAware during Open Enrollment may have to wait until July 1, 2024, to complete a Health Assessment.
• Current COVA Care or COVA HealthAware members who may be changing their plan for July 1, 2024, will need to complete their Health Assessment with their current plan administrator.
Note: For more information and detailed instructions to complete the Health Assessment, download "COVA Premium Rewards" document on this page.