Did you know that your Life Insurance with the Company has an Accelerated Benefit Option (ABO) for your Group Insurance plan? Under the ABO, if you are diagnosed with a terminal illness and with a life expectancy of six months or less, you may be eligible to receive a portion of your Group Life Benefits.…
Tag: insurance
New Year, New Claim Administrator, New Online Registration
For some employees, a new year may mean a new network/claims administrator for their individual or family’s healthcare claims and services. If you changed your medical benefit administrator this year–or added a new one–and would like to have easy access to your benefits, you may register online. Depending on which one you chose, Aetna, Blue…
Insurance Information Update
Due to a policy uploading issue with the enrollment firm, we were not able to start the deductions on the majority of the AFLAC Whole Life & Critical Illness policies. USI will send out invoices to these members requesting the premium for the month of January. All of these member’s deductions will then start on…
TWU Insurance Benefits
The TWU has offered it’s members life and disability insurance for over twenty years now and has recently (within the last few years) made some changes with the companies and sponsored policies it offers its’ members. Life insurance was offered through TransAmerica Insurance is now offered through United States Life Insurance Company. Long Term Disability…
Dependent Medical Coverage
On January 6, 2011, American Airlines informed the TWU that over 200 letters will be sent to employees who enrolled dependents in the medical plans during open enrollment but have not substantiated eligibility. The number of dependents who have not been substantiated is slightly larger this year than in the past. The letter states that…
2011 Flexible Spending Account Changes and 2010 Grace Period
There are two changes to Flexible Spending Accounts (FSAs) beginning January 1, 2011, that TWU Members need to be aware of: The FSA debit card was deactivated on December 31, 2010. Whether you select the manual reimbursement option or the auto reimbursement option (when available), you may file claims via mail, fax or use the…
Benefits Open Enrollment Deadline: October 31, 2010
There is only have a few more days to secure your 2011 Benefits. After enrollment, be sure to print a copy for your records.
Questions From the Floor
Why are the FSA spending account cards going to be done away with? Rob Kirk, Hangar 2, Facilities Maintenance FSA Debit Card Discontinuation Source: Jetnet Flexible Spending Accounts FAQs
Long Term Disability
Did you know that the TWU Long Term Disability policy rates are almost cut in half at age 50 with 15 credited years of service? In fact, there have been around 98 TWU Local 514 members who were over charged on their LTD premiums from July 2008 through July 2009 due to a payroll error.…
United Health Care, Class Action Settlement and FAQ’s
A CLASS ACTION SETTLEMENT INVOLVING UNITED HEALTHCARE CORPORATION (NOW KNOWN AS UNITEDHEALTH GROUP), AND ITS SUBSIDIARIES AND AFFILIATES WILL PROVIDE CASH PAYMENTS TO PERSONS WHO RECEIVED OR FURNISHED OUT-OF-NETWORK HEALTHCARE SERVICES AND WHO QUALIFY YOUR LEGAL RIGHTS ARE AFFECTED WHETHER OR NOT YOU ACT UHC Class Action Full text – PDF United Healthcare Corporation Class…