New Insurance Billing Department Going Live December 1
The new SBA Insurance Billing Office will provide billing and payment processing services for insurance premium payments for all Retirees, Survivors, Graduate Fellows, and employees on leave beginning December 1, 2020. At that time, the P&A Group will no longer be administering billing or ACH services for these groups.
- If you are currently enrolled in insurance billing, you should have received one or more letters regarding the options you have for potentially changing your method of premium payment.
- If you are receiving monthly retirement funds from TRS, you can now have your premiums deducted from your monthly annuity before it is deposited to your bank account in the same way that Medicare premiums are deducted from your social security check. This way you do not have to worry about budgeting money to pay your insurance premiums.
- If you are signed up for automatic draft payments (ACH), you may want to use the new method mentioned above if you are a TRS retiree.
- If you are a retiree enrolled in insurance billing and would like to go ahead and change your payment method, contact us via email at SBAInsurance-Billing@tamus.edu or by telephone at (979) 845-0015. Our Customer Service hours are Monday through Friday, 8 a.m. to 5 p.m. CST.
The A&M System Office and Insurance Billing Department will be closed for holiday on the following dates, consistent with the A&M System holidays: Noon on December 21, 2020 – January 1, 2020.
