THINGS TO KNOW FOR 2020 – 2021 PLAN YEAR
- SWITCHING TO AN HOUR BANK
- CO-PAY
- HOURS NEEDED TO QUALIFY HAVE BEEN CHANGED
- DEPENDANTS OF A MEMBER ARE NOW COVERED
- THE PLAN AGE LIMIT OF 75 IS GONE
- ACCESS YOUR PERSONAL AND SECURE ONLINE ACCOUNT
- THE HSP Visa
2020-2021 Benefits Booklet Hour Bank Members & Summary IATSE837 BENEFITS SUMMARY
Switching to an hour bank:
Paid work hours will be logged in your personal hour bank account at J&D Benefits that you can check online 24/7. Hours reported by employers will be deposited monthly in your hour bank and a monthly withdrawal of 140 hours will keep you in health plan coverage. You can accumulate a surplus of up to a full year’s coverage in your hour bank.
Co-pay:
Co-pay is at 80% with some exceptions (i.e orthodontics and major dental will remain at 60%).
Hours needed to qualify have been changed:
Members will require a minimum of 280 hours to qualify for the hour bank plan and then will need 140 hours per month to maintain coverage without having to pay a top-up amount. A full-hour bank will be 1,680 hours.
Dependents of a member are now covered:
If you work the required hours you and your dependents are now covered.
The plan age limit of 75 is gone:
Members who are still working, regardless of age, and who have the 280 min + 140 hours per month will be part of the active member’s plan.
Access your personal and secure online account:
Members will be able to log into their own personal (secure) account with J&D benefits to view their hour bank so they know exactly where they stand.
The HSP Visa:
The 2020-21 health spending account will be $500 for those members with a full hour bank balance of 1,680 hours.