How does the Retiree medical plan work?
The Plan offers you medical benefits through a Preferred Provider Organization (PPO). Through this network, you have access to many participating physicians and hospitals. When you use in-network providers, you receive services at pre-negotiated discounted rates and at the higher network level of benefits. Youll have an annual deductible of $500 per person each calendar year and the Plan pays a percentage of covered expenses (coinsurance). Remember, you must make your monthly premium payments directly to the Fund Office to maintain your coverage. See the Retiree Schedule of Benefits for more details.
