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    Updated June 1, 2007

Reminder Re Changes in Health Plan:

Don't Lose Your Health Coverage!

Last fall, the Board of Trustees of the Equity-League Health Trust Fund approved several major changes to the Health Plan. These changes were made to safeguard the long-term viability of the Fund. The Board of Trustees faced these tough decisions due to the fact that deficits are still projected for the Health Fund in 2007 and 2008. They had resisted making this change as long as they could, but could not put it off any longer. The Trustees faced a very tough set of choices: reduce coverage, further tighten the Fund's eligibility rules, or require participant contributions for those covered by employment. They chose the latter because it is expected to have the least overall impact on members.

Effective January 1, 2007, in order to commence OR continue Equity-League Health Coverage, you must make a $100 quarterly payment per this schedule:

Contributions are Due:
June 1, 2007
September 1, 2007
December 1, 2007
March 1, 2008

For Coverage Beginning:
July 1, 2007
October 1, 2007
January 1, 2008
April 1, 2008

  1. If you already have health coverage that would normally continue into the next quarter, you will have to choose whether or not to continue your coverage by paying the $100 quarterly premium.

  2. If you are just becoming eligible for coverage, you will now have the flexibility to choose between two 12 month Accrual Periods (formerly known as Eligibility Periods) in order to help you decide when your coverage is to begin. A listing of your Benefit Credits (formerly known as weeks of covered employment) will be provided during each Accrual Period. Please note that members' whose coverage is to begin as of January 1, 2008 will no longer have the option to choose between two 12 month Accrual Periods. There will only be one Accrual Period that will determine eligibility under the Plan.

  3. As an added feature, online credit card transactions are now being accepted in order to make your payment to the Fund. Please visit our website, www.equityleague.org , and click on the link "Health Care Payments".

To check the status of your current health coverage or determine your eligibility, call the Equity League Fund Office at 212.869.9380 or 800.344.5220 outside the NYC area, or by sending an e-mail to health@equityleague.org.

For a more detailed explanation of these changes, please click on the links listed below.

Information regarding $100 Quarterly Premium

Information regarding New Eligibility and Transition Rules

Thank you for your attention to this important matter. If you have any questions, please contact the Fund Office listed below:

New York Fund Office (212) 869-9380 or toll free (800) 344-5220

Sincerely yours,


Board of Trustees

Equity-League Health Trust Fund

--------------------------------------------------------------------------------

email: health@equityleague.org

web: www.equityleague.org





 
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