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
|
Tuesday,
November 6th
Renaissance Concourse Hotel
One
Hartsfield Center Parkway
Atlanta,
Georgia 30354
RSVP 9am-11:30am
|
Wednesday,
November 7th
Crown Plaza Houston Galleria
7611
Katy Freeway Houston, Texas 77024
RSVP 9am-11:30am
|
Thursday,
November 8th
DFW Airport Marriott
8440
Freeport Parkway
Irving,
Texas, 75063
RSVP 9am-11:30am
|
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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