IBEW Local #481 Electrical Workers Benefit Trust Fund

Congress passed and President Obama signed the bill H.R. 3326, the Department of Defense Appropriations Act 2010. Section 1010 that extends the 65% COBRA premium subsidy as follows:

If you are already a YMCA member, be sure to take advantage of this discount and get signed up today!!!

The American Recovery and Reinvestment Act of 2009 (ARRA) was created to reduce the COBRA premium, in some cases. In response to the many questions our office has received of what would be the qualifying events for the 65% COBRA subsidy, the Internal Revenue Service (IRS) released Notice 2009-27 on April 1, 2009. The Notice provides guidance on the COBRA premium subsidy under Section 3001 of the ARRA and is available by clicking here http://www.irs.gov/pub/irs-drop/n-09-27.pdf click here for additional questions and answers. I hope this question and answer publication will help you understand the qualifications needed to be eligible for the COBRA subsidy. On June 4, 2009 the IRS released additional questions and answers (attachment to Benefit New Briefs 2009-38). As a result of this Notice, effective July 1, 2009 the Benefit Fund will no longer be able to accept the HRA monies for payment of the subsidized COBRA premium. As in the past, you can still use the HRA monies for the un-subsidized COBRA payment. Also, if you lose health care coverage, you will receive a "COBRA Packet" from the Benefit Office. You must complete the COBRA Continuation Coverage Election Form that is included in the Packet and provide a copy of your termination slip for the subsidy application to be processed by the Benefit Office. Please give me a call with any of your questions at (317) 923-4577 ext. 200.

Robert G. Cadwell

Administrative Manager

Effective January 1, 2008 the Trustees established a Health Reimbursement Account (HRA). To view the HRA policy, please visit the "Summary Plan Description - Benefit Fund Summary of Material Modifications" below. The current employer contribution rate to your individual HRA account is $0.50 per hour. These monies can be used for certain expenses, as allowed by law. Click here to view IRS Publication 502 for a list of includible and not includible expenses. Claims on the HRA account must be filed within 6 months of the date the expense was incurred. Eligible claims must total a minimum of $25.00 per person.

ATTENTION NEW MOTHERS: In order to make sure that you and your baby get the best care possible, we suggest that you contact ICM (Individualized Care Management) at 1-800-728-0327. Not only will ICM pre-certify your hospital stay, they will enroll you in their MOM Program and their Welcome Addition Club which offers you products and information at no charge.

Your pre-certification and managed care provider is ICM (Individualized Care Management). The Trustees request that you contact ICM for all in-patient admissions and for all out-patient services at 1-800-728-0327. For more information, please visit www.IndCareMgmt.com or click on the ICM link in the menu on the left side of this page.

Benefits Login
For your first time login, you will be required to have your Social Security number for the ID (do not use the dashes. ie: 123456789) and use GEN4681 as the password. Follow the on-screen instructions to complete your sign in process.