L587 Health Insurance Trust
IAFF Local 587 Health Insurance
You may or may not know that for years the Union has been trying to break away from the City's medical, dental and vision plans. We have always believed that we could provide better benefits for our members and retirees, and in 2018 we had the chance to do so. Since then, we bundled medical, dental and vision benefits for less than what our members had been paying for just medical. We continued to offer our Active Employees the Cigna NPOS plan bundled with Vision and Dental at a minimal cost increases. Our Non-Medicare Retirees and our Medicare Retirees not eligible for Medicare Parts A & B or with dependents were also offered the Cigna NPOS bundled plan with reduced monthly contributions. Our Medicare Part A & B Retirees and those with spouses also enrolled in Medicare Parts A&B, were offered the option to enroll in either Cigna or Aetna for supplemental insurance. In addition to these premium decreases, the following benefits had been added or improved upon to lower health insurance costs while providing more services and preventative care:
So what's new for the 2022 year? We're happy to announce that premiums for retirees will be decreasing by 30% this year for both the Cigna coverage and Aetna Medicare Advantage plan. The Trust also voted to increase several benefits to continue reaching the goal of making our members healthier, happier, and to lower your health insurance costs, overall. This includes a new Health Reimbursement Account (HRA), a Wellness Program and increased Dental Coverage.
For questions or comments, please call 305-425-1938 or email firstname.lastname@example.org
The information contained in these documents is expressed in good faith and while every care has been taken in preparing these documents, the IAFF Local 587 Health Insurance Trust Fund makes no representations and gives no warranties of whatever nature in respect to these documents, including but not limited to the accuracy or completeness of any information, facts and/or opinions contained therein. The IAFF Local 587 Health Insurance Trust Fund, its subsidiaries, the directors, employees and/or agents cannot be held liable for the use of and reliance of the opinions, estimates, in these documents. Final determination of any terms or estimates will be defined by the IAFF Local 587 Health Insurance Trust Fund's Plan Document.
Page Last Updated: Oct 27, 2021 (09:18:00)