Insurance - HL 145 (1)

Voluntary Benefit Trust for Airline Retirees

(formerly DP3 VEBA Trust) Announces Important Changes for 2013

 

The Board of the Voluntary Benefit Trust for Airline Retirees (formerly DP3 VEBA Trust) is pleased to announce we have a new name that will more clearly define the eligibility of Retirees eligible to participate in this Trust in the future.  Effective January 1, 2013, the Trust will be expanded to include Retirees from ALL Airlines.  This enhancement will provide access to healthcare benefits to Retirees of all US Airlines that can show proof of at least 5 years of service with their respective Airline.  The Trust will offer plan options to retirees who are eligible for Medicare as well as plan options for retirees who are between the ages of 55-64 and eligible for the Health Coverage Tax Credit (HCTC) 72.5% Subsidy available through the IRS.  Please help us spread the word to your other airline friends about this exciting new opportunity!

 

Medicare Eligible Retirees

Effective January 1, 2013 we are please to introduce several new enhancements to the Medicare programs through this Trust.  These enhancements include:

·         Flat Rate of $167.98 for the Medicare Supplement Plan F that has a ZERO Deductible and Zero Out of Pocket, in all states where the Supplemental Plan is offered.   The exceptions are Florida and Washington which will still have age and zip code banding due to specific state mandates; the Supplemental plan is not available in Minnesota, New Hampshire and Vermont. 

·         2 Supplemental Plans ( coverage that coordinates with Medicare using any doctor or hospital) 

1.       Plan A (Florida only as required by state mandate)

2.       Plan F – This is a true Plan F that has ZERO Deductible and ZERO Out of Pocket Costs.  Aetna pays what Medicare does not cover if it is a Medicare approved service!            

·         2 Medicare Advantage PPO Plans

1.       $15 PPO High Plan – $15 co-pay for almost all services, cost is $0 if you go into the hospital, and includes the High prescription drug plan that provides generics and brand drugs if you hit the coverage gap.

2.       $25 PPO Low Plan - $25 co-pay for almost all services, co-pay is $250 if you go into the hospital, and includes the Low prescription drug plan (no gap coverage).

·         3 Stand Alone Prescription Drug Plans that you can pair with your Plan F or purchase as Standalone Plans

1.       High Plan - provides generic and brand coverage in the coverage gap (donut hole)

2.       Low Plan - provides coverage up to the coverage gap with a comprehensive formulary

3.       NEW Value Plan - provides an ideal option for retirees that do not take many drugs, but must meet the Part D requirement of being enrolled in a prescription drug plan or receive a lifetime penalty from Medicare.  This plan has a $240 deductible with coverage up to the gap with a comprehensive formulary.  The rate varies by state, but has an average price of $21 per month.

·         2 Dental Plans

1.       High Plan - provides $2,500 annual maximum benefit with no deductible

2.       Low Plan - provides $1,500 annual maximum benefit with no deductible

·         2 Vision Plans

1.       High Plan - provides Progressive lenses for a $40 co-pay, $10 eye exams, $125 frame allowance

2.       Low Plan - provides for eye exams @ a $10 co-pay and $125 for frames every 24 months

Subsidies Available for DELTA RETIREES

Medicare Eligible Subsidy for the first 1,000 retirees and/or spouses for 6 months

The Trust Board is pleased to announce that a subsidy is available to Delta Retirees who are enrolled in both a medical and prescription drug Medicare plan for 2013, for a limited period of time.  The subsidy is available to the first 1,000 Medicare Eligible Delta Retirees who enroll in the following

·         $40 subsidy  - Medicare Supplement Plan A or F and the High, Low, or Value Prescription Drug plan

·         $25 subsidy - Medicare Advantage High or Low plan

This subsidy will be available for 6 months from January – June 2013!

Pre-65 HCTC Eligible One-Time Subsidy

If you are enrolled in one of the Pre-65 HCTC Medical and Prescription Drug plans for 2013, you will be eligible to receive a one-time check from the Trust of $150 per family.   Please take advantage of this great offering during the annual open enrollment window!

Delta Hub Road Show Schedule for 2013 Insurance Programs

Monday, November 5th Salt Lake Marriott City Center             220 South State Street                                                Salt Lake City, Utah 84111                                      RSVP             9am-11:30am                         12pm-2:30pm	Tuesday, November 6th Renaissance Concourse Hotel One Hartsfield Center Parkway           Atlanta, Georgia 30354 RSVP               9am-11:30am                          1pm-3:30pm
Wednesday, November 7th Crown Plaza Houston Galleria 7611 Katy Freeway                     Houston, Texas 77024                          RSVP             9am-11:30am                         12pm-2:30pm	Thursday, November 8th DFW Airport Marriott      8440 Freeport Parkway Irving, Texas, 75063 RSVP               9am-11:30am                          1pm-3:30pm

Please come see the options we have available for you to choose from for 2013!  More meetings may be planned since we have expanded the eligibility to include other airlines, so keep checking back for future meeting announcements and more details about the plan options!

Please go to our website to get more information on the plans available through this Trust, www.conebenefits.com/airline  or call Marsh, the plan administrator toll free at 1-877-928-VEBA (8322). 

 

Pre-65 Plan Participants Enrollment Materials for 2013

If you are currently enrolled in a Pre-65 plan through the Trust, you will be receiving a letter from Marsh guiding you through the steps necessary to enroll for 2013 by the second week of November.  If you are not making any changes then you do not need to do anything.  If you are a first time enrollee, you will need to call Marsh at 1-877-928-8322 and request an enrollment packet be mailed to you or download enrollment materials on-line through our website. www.conebenefits.com/airline   

 

Medicare Eligible Plan Participant Enrollment Materials for 2013

If you are Medicare eligible and would like to receive an enrollment packet from the Trust, please send an email to our insurance broker, Cone Insurance at info@coneinsurance.com with your contact information and we will be happy to send you an enrollment packet or you can go on-line to our website, www.conebenefits.com/airline and download the enrollment materials for 2013. 

 

We would appreciate it if you are planning to attend one of the meetings in your area, click on the time of the meeting in the schedule above, or you can RSVP through the calendar on the website to reserve your seat. www.conebenefits.com/airline  Please help us spread the word about the 2013 subsidies for Delta Retirees and about the expanded eligibility to all the other airlines!

 

Thanks for your support,

George Leatherbury, Chairman                                 Dave Miller, Vice Chairman

Michael Cox, Secretary                                                  Tony Piacentino, Treasurer

Marion (Doc) Hindman 

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