CWA/Centurylink retiree Life Insurance stayed at $10,000
n Concession: 100% concession - includes those with 30 or more years of service or who leave with a service retirement or disability retirement.
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n What does the contract say about retiree HC?
n Retiree HC is subject to 2 provisions of the current contract: Addendum 10 & Retiree HC Letter of Agreement.
This is how the Retiree HC is tied to the negotiated plan with active represented employees.
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Pre-Medicare Retirees have the option of enrolling in either the Company PPO, CDHP or HDHP Plans. CDHP Consumer Driven health plan is new to us – look these over carefully the contract language has changed a little. As of today we do not know what the premiums will be.
Medicare-eligible retirees will have their ‘cap’ dollars deposited in an individual Healthcare Reimbursement Account (HRA) and be reimbursed for any medical expense under Section 213(d) of the IRS Code. The ‘cap’ amounts for a Medicare eligible retiree equate to $214 per month (single) or $428 per month (spouse/domestic partner.
The Medicare Retiree can now use this contribution to buy their “Medigap” coverage on the private market. The Company has retained a vendor – Extend Health – to work with retirees in selecting coverage. The retiree also has the option of purchasing a separate, personal plan. This will go into effect on April 1, 2014.
It is our understanding that Extend Health is still getting trained to answer our questions.
Retirees will also be able to “roll-over” any unused dollars year to year in their HRA for future medical expenses.
Training of Medicare retirees
n The Company, the HRA Administrator and the Medicare Exchange service vendor are required to develop and present a comprehensive training and education program for the Local Unions and CWA Retiree Chapters to assist in the transition to the Medicare Exchange prior to meeting with eligible retirees.
It is expected that the Retiree Chapters and/or Local Unions will participate in any ongoing meetings and discussions with Medicare eligible retirees
Dental Plan
n Dental and vision coverage were built into the total monthly premium under our old Plans.
n Dental and Vision coverage are now separate, stand-alone options.
n Vision is not available to retirees
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BASIC DENTAL PLAN employees pay twice a month so double for retirees we pay once a month. Basic plan is $8 a month for retiree in 2014.
n Single EE+Spouse EE+Child(ren) Family
n 2014
n $3.97 $7.96 $6.97 $11.92
n 2015
n $4.17 $8.36 $7.32 $12.52
n 2016
n $4.38 $8.78 $7.69 $13.15
n 2017
n $4.60 $9.22 $8.07 $13.81
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Enhanced Dental Plan – double for retiree so it is $12 a month for 2014.
n Single EE+Spouse EE=Child(ren) Family
n 2014
n $5.93 $11.82 $10.35 $17.75
n 2015
n $6.22 $12.41 $10.87 $18.64
n 2016
n $6.53 $13.03 $11.41 $19.57
n 2017
n $6.86 $13.68 $11.98 $20.55
Program / One optionMust enroll in medical plan to get dental coverage / Two options
Can opt out of medical and still get dental
Basic Coverage Option / $25 deductible per individual or $50 per family. 2 preventative visits paid at 100%
· Employee responsibility for major and minor restorative care based on schedule of allowances subject to deductible
· $1,800 annual maximum per covered member
· Does not apply to orthodontia
· Orthodontia coverage for all members based on scheduled allowances subject to deductible
· Orthodontia coverage up to $1,600 per lifetime per member / Traditional indemnity plan with passive PPO feature
· No deductible for 2 preventative visits per year paid at 100% of allowable charge
· $25 deductible for non-preventative services
· 50% pf allowable charges for covered general and major restoration
· $1,000 annual maximum per person covered
· No Orthodontia coverage
· 80%, no deductible for oral surgery, does not apply to annual maximum
Enhanced Coverage Option / Not offered / Dental PPO with 2 different networks
· 2 preventative visits per year paid at 100% of actual and customary (AC).
· $50 deductible per individual for non-preventative services.
· 80% of AC for general services after deductible.
· 50% of AC for major restorations
· $2,000 annual maximum per person covered.
· $50 lifetime deductible and 50% AC for orthodontia coverage to $1,500 lifetime maximum per person covered. Does not apply to Plan maximum.
· 80% with no deductible for oral surgery; does not apply to annual maximum benefit.
Company Subsidy / Single and dependents – company pays 94% / Single and dependents – company pays 50%
Waive Coverage / Retirees – may use rebate to offset medical premium
Medicare retirees READ THE MEDICARE AND YOU BOOKLET 2014 you just received, in the back is the following page. Plus it talks about Medigap supplemental plans, A B D F etc….You need to know the difference in a Medigap plan with a Medicare Part D, or a Medicare Advantage Plan. Make sure your doctor and hospital accept the plan you choose.
Good news: future retirees.
For those who retire on 1/01/14 or after, in the event of the death of the retiree, the surviving spouse/domestic partner will retain coverage under the Company healthcare plans and will receive the “capped” amount for their lifetime, but the surviving spouse/domestic partner must pay the required premium(s).
In this contract it also brings back some jobs from overseas.