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:
Attachment | Size |
---|---|
![]() | 283.23 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.
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LAWXMCJC R. H?UST