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January 11,
2008
To:
All Retirees under Pipe Fitters’ Local 597 Welfare Fund
From:
Peter A. Driscoll, Welfare Fund Administrator
RETIREE PREMIUMS ADJUSTED EFFECTIVE JANUARY 1, 2008
The Board has established a
policy of adjusting the Retiree self-pay
amounts (premiums) every January 1. Retiree premiums are based
on a percentage of the full, active employee COBRA rate. For a
person
eligible for Medicare, the premium is 9% of the full, active
employee
COBRA rate. For a person not eligible for Medicare, the Standard
Retiree Premium is 15% of the full, active employee COBRA rate.
Because the COBRA rates were increased, the Standard Retiree
Premiums were adjusted effective January 1, 2008. Separate rates
also
apply to disability retirees under age 60 who are substantially
employed
as well as to retirees who are working in the pipe fitting
industry in ‘non-covered’ employment. The old and new monthly
rates are as follows.
|
Type of Retiree |
Previous
Rates |
Rates Effective
January 1, 2008 |
|
Retiree
eligible for Medicare |
$74 |
$77 |
|
Retiree
not eligible for Medicare |
$124 |
$128 |
Retiree
eligible for Medicare
(working in related employment) |
$148 |
$154 |
Retiree
not eligible for Medicare
(working in related employment) |
$248 |
$256 |
Retiree
on Disability
(making over $24,000 annually) |
$206 |
$214 |
If you
have any questions or if I can be of further assistance please
contact me.
October 23, 2007
Re:
Condell Medical Center
Dear
Participant:
At the
beginning of October, we were notified that Condell Medical
Center had withdrawn from the Blue Cross Blue Shield of Illinois
PPO network.
Many of
you may have already received a notification from Blue Cross
Blue Shield of Illinois discussing the withdrawal of Condell
from their network.
This
letter is to confirm that the various Condell Medical Center
facilities, and the physicians that only have admitting
privileges to Condell, will no longer be considered in-network.
This means that for services that you receive at Condell
facilities or from Condell providers on and after November 1,
2007 you could have very substantial out-of-pocket expenses that
are not covered by the Plan.
This is
because Condell no longer has an obligation to accept our fee
allowance which is the amount that major insurers such as Blue
Cross Blue Shield of Illinois allow for services.
For
those of you that are currently receiving treatments from the
Condell Medical Center facilities and physicians, there are
transitional rules for certain types of situations and these are
outlined on page 2 of the attached letter from Blue Cross Blue
Shield of Illinois.
If you
have any questions regarding this letter, please contact our
Customer Service department.
Sincerely,
Peter A. Driscoll
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