From: DP3, Inc.
Date: 1/18/2017 7:02:15 AM
Subject: HCTC update - a message of general interest to
Delta Retirees
This is a notice of general interest to retirees about the HCTC
benefit.
On Behalf of the Voluntary Benefit Trust for Airline Retirees
Notice: If your birthday is before 1/1/1947, this message
does not apply to you. We have sent it to all active DP3 members to
ensure the widest possible dissemination of information which may be valuable,
particularly to our younger members.
January 18, 2017
Dear Mark,
Below these introductory paragraphs is a message containing some
new information about the recently revived HCTC program. This information
may save some of our DP3 members (those who were under age 67 in 2014 and who
had spouses) a significant amount of money, so we are passing it along in the
event it may be helpful.
We
would like to emphasize that DP3 is not affiliated with the VBTAR or Cone
Insurance, and our board member liability insurance requires we remain
unaffiliated with any medical plans. One DP3 board member, George Leatherbury,
is also a board member of the VBTAR.
When the VBTAR has communications we believe to be of interest to our members, such
as this one, we pass them on to you. This procedure insures your email
address remains private, and saves the VBTAR the cost of an email remailer (DP3
subscribes to Constant Contact, otherwise our mass emails would be considered
spam, and never get to you).
All questions regarding
medical plans, including the HCTC, should be directed to Cone
Retiree Benefits webpage. Or, contact the DP3 Insurance Committee
Chairman directly at George.Leatherbury2@dp3.org.
George Leatherbury
Chairman, Insurance Committee
DP3, Inc.
Good News for HCTC Eligible Plan participants Enrolled in
Employee Insurance plans in 2014, 2015 & 2016!
**This will also affect Medicare participants who
have recently aged up or who's dependents were eligible for HCTC during
2014, 2015 and 2016. Please disregard if this information does not
pertain to you.
If
you were enrolled in an Employee sponsored plan like the Delta Pilot Medical
Plan between 2014-2016, even if you have aged up to Medicare or were within the
24 month window of being newly enrolled in Medicare, and you had
dependents that were also enrolled in those plans with or without you, your
dependents may be eligible to receive 72.5% of their money back, as long as the
Retiree remained eligible for the HCTC program during that period of time, or
the Retiree was within the 24 month window of turning 67 and being on
Medicare. You must also meet the requirement of paying more than 50% of
the cost of the premium for your health coverage each month. The Delta
Pilot Medical Plan meets this requirement as it requires 51% of the cost of
their premiums to eligible plan participants.
While
you as the Delta Retiree or Employee of another company are not eligible to
qualify for the 72.5% subsidy during this period, your dependents may be,
provided they were enrolled in Spousal coverage(which includes you as their
spouse with coverage through your employer or former employer). The Spousal
Coverage includes insurance plans you may be eligible to enroll in due to the
employment or former employment of the Spouse of the member(s) that are
enrolling, paying 50 percent or more of the cost of healthcare premium
coverage. It also includes individual (private and non-group) health insurance
that you purchase for yourself or your family from an insurance company, agent,
or broker during this window of 2014-2016, as well and does not require that
you cannot qualify for the subsidy if your were enrolled in a individual market
plan or a plan through the ACA during 2014-2015. The ACA is not
considered qualified for 2016 going forward.
If
you fall into that category, you can go online to the www.irs.gov/hctc website
and download the forms to amend your tax returns for the years you are eligible
to receive a refund for the 72.5% your dependents qualified for or provide the
information to your tax specialist to submit for you, to the IRS.
While
Cone Retiree Healthcare Group was able to identify the ability for your
dependents to possibly qualify for this refund, if meeting the qualifications
of being eligible for the HCTC program, and enrolled in Spousal coverage
regardless of whether it was with Delta or another company the Retiree worked
for during this period of time, please remember we are not tax consultants and
will not be able to help you apply for this refund. You must go to the
IRS website or contact your tax consultant for assistance.
Thanks
for Your Support!
Cathy
Cone
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