January 12, 2012

Yet another new year is upon us.  All participants should have received the VEBA's 2011 Annual Letter by now.  If you haven't, a copy is available by clicking the document in the Archive section of the website.  As highlighted in the letter, there are some changes in 2012, most notably the change from Cigna to United Healthcare for our Medicare eligible population.  If you are having any difficulties with the transfer or if you have any questions at all regarding your benefits please call our Plan Administrator's at Comprehensive Benefits and they will be happy to assist you.  If you have any other comments or questions, please email us at danaretirees@stahlcowen.com. 

In the coming months the VEBA's actuaries will perform their annual audit and as spring closes we will begin working with the healthcare professionals to set service credits and to negotiate benefit levels for 2013.  In the interim, we continue to have monthly telephone calls to keep up do date on the VEBA and its investment performance.  Should anything out of the ordinary occur, we will update you through this website or by mail.  Otherwise, we will again update the website in the next quarter.  Thank you.

The Dana Non-Union VEBA Administrative Board

Michael Carrigan (Chairman), Edward Balcar, John Black, Donna Doyle and Thomas Schlemmer
 

 

Many VEBA participants have inquired about the impact of the recent health care reforms (The Patient Protection and Affordable Care Act and The Health Care and Education Reconciliation Act) . The good news is that retiree only plans like ours have largely been exempted from the current reforms.  In fact, some members saw savings in co-pays this year. We do, however, keep a close eye on current and pending laws to see not only what the VEBA may be required to do, but also whether there are proposed programs that we can take advantage of. Please click here to view an overview of health care reforms.

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For participants of VEBA, the final draft of the Summary Plan Description (SPD) and the Plan Document is available.  Please click here to view the document. 

*For individual, benefit specific questions please call Comprehensive Benefits at at 1-866-914-3768 Monday through Friday from 9 a.m. to 5 p.m.