SPECIAL GEHA INSURANCE PROGRAM

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP80R01731R000100160075-6
Release Decision: 
RIPPUB
Original Classification: 
S
Document Page Count: 
7
Document Creation Date: 
December 14, 2016
Document Release Date: 
November 19, 2002
Sequence Number: 
75
Case Number: 
Publication Date: 
January 14, 1957
Content Type: 
MF
File: 
AttachmentSize
PDF icon CIA-RDP80R01731R000100160075-6.pdf283.23 KB
Body: 
MEMORANDUM TORT Director of Central latelligonco SUBJECT: Special GEHA insurance Program Approved For Release 2003/01/30: CIA-RDP80R01731R000100160YS 5^;7-0058 L8 7.0024 1. This memorandum contains a recommendation in nara- i, grape 4. 2. Certain situations have arisen, in connection with Agency operations, which are not adequately provided for by existing insurance programs. In general, these situations combine a high degree of hazard with extreme. sensitivity and in some cases unusual adminis- trative circumstances. Payment of direct benefits equivalent to insurance by the Agency might endanger the individuals' rights under the U. S. Government Employees Compensation Act as that Act requires an election of benefits provided by the Government. However, we have been informed by the ]bureau of Employees Compensation that payment of insurance premiums by the Government would not impair the individuals' rights under the Act. 3. Consequently, we propose that the Government Employees Health Association (OSHA). a corporation established to services this Agency's insurance needs, not up a special program to meet these rare and specialized cases. Normally GEHA contracts with major under- writers for such coverage. In this case. due to the unusual risk and high sensitivity, it is proposed that GEHA underwrite the program itself. Since it has not adequate reserves established, the proposal contemplates the Agency advancing $00, 000.00 to GEHA to be retained until reserves are built up out of preaeinms and then to be returned to the Agency. Initially the premiums would be $1, 000.00 per man covered per year for a straight $15, 000.00 life policy' A. contract has been prepared between the Agency and GEHA to,,establish this program and the Board of Directors of CEliA have ,"roved its tierms., 2003/01 /3 ' Cl W"01 7- 1 R0OQW Q 6007 j Approved For Release 2003/01/30 : CIA-RDP80R01731R000100160075-6 : 4. Roe* d approval of the euecwtt Of this co*tx&Ct. (~J LAWXMCJC R. H?UST