SPECIAL GEHA INSURANCE PROGRAM

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP80-01370R000500040005-8
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 2
• Document Creation Date: December 9, 2016
• Document Release Date: September 8, 2000
• Sequence Number: 5
• Publication Date: January 4, 1957
• Content Type: MF

OGC HAS REVIEWED.
Approved For Relfive 2001/08/31 : CIA-RDP80-01370R0W0040005-8 DVS
? 57-0058
LS 7-0024
t 4 JAN 1967
Elocuttv? P?ostry_i
-
MEMORANDUM FOR: Director of Central Intelligence
SUBJECT: Special GEHA Insurance Program
1. This memorandum contains a recommendation in para-
graph 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 (GEHA), a corporation established to service this
Agency's insurance needs, set 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 $100,000.00 to GEFLA. to be retained
until reserves are built up out of premiums 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 es/ablish this program and
the Board of Directors of GEHA have appro ed its terms.
Approved For Release 2001/08/31 (Q,1
eit
80-01370R000500040005-8
25X1A
Approved For Retepise 2001/08/31 : CIA-RDP80701370R000500040005-8
Ntrif
The re
para
4. Recommend approval of the execution of this contract.
25X1A
LAWRENCE R. HOUSTON
General Counsel
e/c,
12PC. /
17
rnendation in
a? .roved.
A en W.
Direc
lies
18 JAN 1957
NOTE: Original of Agreement
25X1A to Insurance Division,
Office of Personnel.
Approved For Release 2001/08/31 : CIA-RDP80-01370R000500040005-8
LRHouston
1/22/57