ArcelorMittal USA VEBA

Medicare Part B Premium Reimbursement Benefit

Questions and Answers About the Possible
2013 Medicare Part B Premium Reimbursement Benefit

Apply here for the 2013 Part B Medicare Reimbursement

What is the Medicare Part B Reimbursement Benefit?

Most older Americans who are eligible for Medicare have enrolled for Part B, the portion of Medicare that covers physician and medical services. Enrollment is voluntary, and the monthly premium is deducted from your Social Security check.

The ArcelorMittal VEBA (formerly the ISG VEBA) has, in past years, reimbursed eligible VEBA Beneficiaries and spouses for a portion of their Medicare Part B premiums paid during the 12 month period from July, 2012 through June 2013.

If you are a surviving spouse from Ispat Inland, it is important to be aware that your benefit period for this Reimbursement is from January 1, 2013 through June 30, 2013 (6 months for this year). You should call the VEBA Customer Care line if you have questions.

Simply complete and sign the enclosed Benefit Application Form, and return it, using the enclosed envelope, to the VEBA Administration Office. The envelope must be postmarked no later than Tuesday, September 3, 2013.

Effective June 1, 2013, the VEBA will also accept applications online. Simply go to www.amusaveba.org. All online applications must be received NO later than September 3, 2013.

Only members who apply by the deadline will be eligible. This deadline will not be extended...NO EXCEPTIONS ...so you should apply as soon as possible.

There will also be no exceptions if you have moved and failed to notify the VEBA Administrator of your change of address.

Do I need to send in a copy of my Medicare Health Identification Card?

In order to pay the benefit to you, the VEBA must have a copy of your Medicare Health Identification Card on file. Please enclose a copy of your Medicare Identification Card with the application.

Your Medicare information is necessary solely to verify your eligibility for the Reimbursement Benefit. The information will not be used for any other purpose, nor will it be released to any other individual or organization.

When can I expect to receive notification as to whether or not there is a benefit check for 2012?

The VEBA expects to notify all eligible individuals by December 15, 2013. You must be a qualified VEBA member and must have submitted a 2013 Benefit Application by the deadline to be eligible.

What happens if I, or my spouse, die prior to receipt of the benefit in December?

First, it is very important that the death of any eligible retiree or spouse be promptly reported to the VEBA Administration Office. It is essential that the VEBA have up-to-date records so that we can keep members informed about the operation of the VEBA and your entitlement to VEBA benefits.

The Plan rules require an eligible individual to (1) pay a Part B premium for one or more months during the twelve month period beginning July 2012 through June 2013, and (2) be living to sign and submit a completed Benefit Application by September 3, 2013.

If these two conditions are satisfied, and the individual dies prior to December 1, 2013, the VEBA will pay any possible benefit to the deceased individual's estate.

Is the benefit taxable?

Based on our understanding of current federal tax laws, the payment is not subject to federal income tax, since it is paid from an IRS-qualified benefit plan. You may need to consult with your tax advisor to determine if the benefit is subject to state or local taxes.

Will I receive this benefit each year?

At this time, we are committed to make payments to qualified Beneficiaries in 2013, 2014 and 2015.

How can I obtain additional information regarding my eligibility for this benefit?

If you have any questions, you should call the VEBA Administration Office at the following toll-free number: 1 (877) 474-8322