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.
In 2019, we bundled medical, dental and vision benefits for less than what our members had been paying for just medical. The medical benefits duplicated those offered by the City. Dental and vision benefits were improved over those offered by the City.
For the 2020 year, we continued to offer our Active Employees the Cigna NPOS plan bundled with Vision and Dental at a minimal cost increase.
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, but their monthly contributions were reduced.
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. This provided more options and possible cost savings to those members.
So what's new for the 2021 year? We're happy to announce that the premiums for Retirees have decreased for the 2021 year for Cigna coverage by approximately 5% and for Aetna Medicare Advantage plan options by approximately $21 a month per member. And, for Actives there was no increase to contributions.
In addition to these premium decreases, the following benefits have been added or improved upon to lower your health insurance costs while providing more services and preventative care:
We continue to strive to provide the best coverage at the best rates for our members.
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: Apr 02, 2021 (10:44:00)