Benefit & Pension Funds of Hospital & Health Care Employees, Philadelphia & VicinityBenefit & Pension Funds of Hospital & Health Care Employees, Philadelphia & Vicinity

IMPORTANT NOTICE – Change In Benefits, Please Read Carefully

IMPORTANT NOTICE – PLEASE READ CAREFULLY!
To All Members and Beneficiaries of the

Benefit Fund for Hospital and Health Care Employees – Philadelphia and Vicinity

NOTICE OF CHANGE IN BENEFITS

This notice, called a “summary of material modifications,” advises you of changes in the information presented in your summary plan description (sometimes called an “SPD” or “descriptive booklet”) with respect to the Benefit Fund For Hospital and Health Care Employees – Philadelphia and Vicinity (the “Plan”). Please do three things with this notice: (1) Read it and, if you have any questions, contact the Plan Administrator; (2) keep this notice with your SPD; (3) mark the Sections of the SPD that have been changed, so that when you refer to that Section of the SPD, you will be reminded that the change described in this notice has occurred.

The following change to the eligibility requirements for the Plan’s prescription drug benefits applies to Wage Class I members who are not disabled and who retire on or after January 1, 2015:

1. If you are a Wage Class I member who is not disabled and you retire on or after January 1, 2015 with a normal retirement benefit (age 65 or older) or an early retirement benefit (age 55-64), you must have 20 years of service to be eligible for the Plan’s prescription drug benefits.

This change results in the elimination of eligibility for the prescription drug benefits for Class 2A (65/10 Wage Class I) and Class 3A (65/5 Wage Class I) members and the modification of Class 8A eligibility for members who retire on or after January 1, 2015. This change to the prescription drug benefit eligibility requirements does not apply to Wage Class I members who retire before January 1, 2015.

The following change to the out-of-pocket maximum for the Plan’s prescription drug benefits applies to all Wage Class I members and retirees effective January 1, 2015:

2. Effective January 1, 2015, if you are a Wage Class I member or retiree eligible for the Plan’s prescription drug benefits, the maximum annual out-of-pocket expense (including deductibles, coinsurance and copayments) that you will incur for covered prescriptions is $2,000 per year if you have individual coverage and $4,000 per year if you have coverage for yourself and your covered dependents.

FOR MORE INFORMATION ON THIS NOTICE PLEASE CONTACT THE FUND OFFICE

PLEASE KEEP THIS NOTICE WITH YOUR SUMMARY PLAN DESCRIPTION

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