COVID-19 IMPORANT INFORMATION
Message from the Trustees of the
H&W, Pension, and Annuity & Savings Plan
The effects of the COVID-19 health crisis reach far and wide. Though the emphasis is on keeping us all safe and healthy – as it needs to be – social distancing and staying at home have resulted in large-scale unemployment, financial uncertainty, and concerns about the future. The Trustees of the Plans have made a series of changes that are now effective and that they hope will ease some of your immediate financial burden and any worries you may have about your future benefits. Click here to read this important Summary of Material Modification to the Health & Welfare, Pension, and Annuity & Savings Plans.
Message from Local 4 Benefit Funds Office
Please note that the IUOE Local 4 Union and Funds’ office locations in Medway will be closed as a result of the COVID-19 outbreak March 19th thru May 1st. The office is scheduled to reopen on Monday, May 4th for essential staff. Our employees are able to continue working remotely and will be accessible to you via telephone and email for any questions or concerns you may have during normal business hours of 8:00 am to 4:00 pm, Monday through Friday.
Thank you for your understanding.
Message from Blue Cross Blue Shield of Massachusetts
Blue Cross Blue Shield of Massachusetts (BCBSMA) continues its commitment to eligible Local 4 members and their dependents as we all navigate the rapidly changing conditions presented by the COVID-19 pandemic. Based on emerging guidance from state, federal and public health offices, BCBSMA is expanding coverage and access for care for our members during this public health emergency.
Remember: Through a partnership with Well Connection, powered by American Well, eligible Local 4 members and their dependents can access a national network of board-certified doctors and therapists for video-visits. Access Well Connection here: https://myblue.bluecrossma.com/health-plan/well-connection
Message from CVS
CVS Health is taking steps to care for you and to help you stay adherent during this outbreak.
The spread of the new coronavirus (COVID-19) continues to make headlines and cause plan members uncertainty and anxiety. Under the circumstances, refilling medications is a wise precaution. We want to help you ensure you have access to needed medications, including in emergency situations.
We are waiving early refill limits on 30-day prescriptions for maintenance medications at any in-network pharmacy. Relaxing refill-too-soon limitations allows you to obtain maintenance medication prescriptions ahead of the normal fill schedule. The 30-day early fill override is a temporary process in effect for the current COVID-19 emergency situation.
Message from Modern Assistance Programs:
With COVID-19 leading the news headlines it’s easy to underestimate the impact this has on the mental health of the workforce. The uncertainty of this outbreak has left many feeling an increase in anxiety and stress. The impacts of this have been felt in areas surrounding every aspect of everyday life, whether it be financial, childcare needs, or health concerns.
EVENT SCHEDULED FOR MARCH 22 HAS BEEN POSTPONED UNTIL
Sunday, October 25th
In accordance with guidance from the Internal Revenue Service, the IUOE Local 4 Health & Welfare Fund will not be distributing Form 1095-B to individuals documenting coverage for the tax year 2019.
You will continue to receive a Form 1099-HC from Blue Cross Blue Shield. Individuals who wish to receive a copy of their 1095-B may send a request to firstname.lastname@example.org or to the following address:
IUOE Local 4 Funds, Re: Form 1095-B Inquiry, P.O. Box 660, Medway, MA 02053. If you have any questions, please feel free to call us at 508-533-1400 x307.
Building a Better Benefits Plan
In my over 20 years as the Funds' Administrator, the steady leadership of our Trustees and the contribution income generated by your labor have combined to allow the Funds to build a foundation under your feet that grows stronger each year.
The Health and Welfare Plan has been able to enhance benefits over time, such as lowering the number of hours required for eligibility, lowering copays and deductibles, and providing a greater platform of benefits for our participants.
The Pension Plan's funded percentage has remained 80 percent or greater - the federal government's "green," or safest, zone - every year since such monitoring was enacted in 2006. Further, in the last 20 years, the Pension Plan Trustees have more than tripled the accrual rate per pension credit.
The Annuity and Savings Plan provides Local 4 members with the opportunity to supplement their pensions in retirement through both employer and employee contributions.
We want you to have the peace of mind you need to do your important job: to construct our skyline, our infrastructure, and our community's hospitals and schools. We'll focus on building and administering your plan of benefits, and on being there to help keep you and your family healthy and financially sound. We have your back.
If you ever need anything from us, please call or email the Funds' Office. We stand ready and willing to help.
Gina M. Alongi, Administrator