SUMMARY OF BENEFITS COVERAGE - BRONZE
ALL FORMS ENROLLMENT MUST BE MAILED DIRECTLY TO THE VEBA TO ENSURE YOUR PAPERWORK IS PROPERLY PROCESSED. MAIL YOUR FORMS TO: Cleveland Cliffs Steel VEBA LLC HCTC, 4853 Galaxy Parkway, Suite K, Cleveland, OH 44128
CALL 877-474-8322 WITH ANY QUESTIONS.
UNDER 65 HEALTH PLAN
SUNSET OF THE HEALTH COVERAGE TAX CREDIT (HCTC)
THE HCTC TAX CREDIT CONTINUES NOT TO BE AVAILABLE.
However, the VEBA will still contribute $100 to your monthly premiums.
Please contact your local representatives to ask them for support of the reauthorization of the Health Coverage Tax Credit (HCTC)
Pre 65 BCBSM medical, dental and vision plan benefits will remain the same, however; there will be an average 5.6% increase in Pre 65 plan rates for 2023. At this time, the HCTC is not reauthorized by Congress for 2022 or 2023 and beyond. We still remain optimistic that Congress will extend the HCTC program in future legislation since it is part of the much larger Trade Adjustment Act (TAA) legislation that has also not been addressed in all of 2022. When/if the HCTC program is addressed, we still anticipate the program to become permanent (no more reauthorization delays) and at a higher subsidy of 80%. Please continue to reach out to your Congressional representatives to express your need for the HCTC program's continuation. More 2022 Open Enrollment information including Open Enrollment materials will be emailed next week with enrollment brochures to follow in the mail.