Shortage of hours payments for Health and Benefit Fund coverage in the third calendar quarter of 2023 are due at the Benefit Fund office no later than 4:30 P.M. on Friday, June 30th. As always, the rules as it relates to participants with a HRA balance large enough to cover their full shortage of hours payment are in effect.

‘A ROSE BY ANY OTHER NAME……., WOULD SMELL AS SWEET’
William Shakespeare From His Play Romeo and Juliet

During the height of the pandemic congressional consent as it relates to the easing of both the distribution rules and the taxing of those distributions under the Internal Revenue Code was granted to certain types of Defined Contribution Plans.

The chart below is offered as an adjunct to the Health Insurance Portability and Accountability Act. We hope that it stimulates thought, adds clarity, and deepens insight.

 
HIPAA
HIPPA
HIPPO

Name protects health coverage for people who change jobs.

The International is equally thoughtful as it is insightful when it comes to your future and the future of the IBEW. So what does it say about the IBEW 697 that the International has chosen another member of the team to join their leadership ranks? Moreover, what does it say about the individual chosen? Volumes, Thats what it says!

Personally, I don’t think they could have chosen anyone better.

My first car. Man, I loved it. Got it in high school. With it the world was my oyster. That’s because that car, like oysters or for that matter, minds, tended to be better when opened up. But I digress….

The great quality of that car was that provided you took care of the essentials; it would never let you down.

Coordination of Benefits - If you, or a covered dependent, has other insurance coverage, make sure to revisit the Health and Benefit Plan’s SPD, to learn what your responsibilities are and what you need to do and do timely, in order to coordinate the other insurer’s benefits with that of the 697 Health and Benefit Plan.

We are very grateful to be in an economy where there is work to be had within our craft and trade. What is equally gratifying to report is because of the current work situation there is a considerably lower call for this benefit. What’s the end result? Participants are refiling their S.U.B. Fund balances.

The HouseCall and Annual Wellness visit benefits that are available through your UnitedHealthcare® Medicare Advantage Plan are designed to help the most infirmed of our retired population stay on-top of their health between regular doctor visits. In other words, to help to close any “gaps” in care.

September 8th marks the opening of the 2022 NFL season. That means it’s time to get your NFL Football Pool picks in. I know, I know. You are only in a confidence pool and the only reason you play is for bragging rights. Riiiiggghhhttt! Regardless the Fund recommends making some picks right now, you know, just in case you get busy.

Over the summer, an amendment to The U.S. Innovation and Competition Act was added that essentially placed the nation’s prevailing-wage law for construction workers, The Davis-Bacon Act, under attack.

For those who are not familiar, the Davis-Bacon Act ensures that workers on federally subsidized construction jobs of $2,000 or greater to be paid no less than the wages tradesperson’s and craftsperson’s would be paid for similar work performed within their jurisdiction.