It pays to be a member: What’s new with your HSTA VEBA Trust benefits?
ATTEND a Long Term Care benefit workshop:
2014 - What’s New with the HSTA VEBA Trust?
Open Enrollment for Critical Illness Insurance and Long Term Income Protection
If you missed the enrollment for Critical Illness Insurance last year, you will have a chance to enroll this year. Open enrollment for Critical Illness happens annually. If cancer or heart attack runs in your family, you may want to consider Critical Illness Insurance.
Critical Illness Insurance will help financially when you cannot work due to qualified health situations. You receive a specific lump sum of either $15,000 or $30,000; you select the amount when you enroll. It doesn’t matter if you have sick leave days or not. The monthly premium rates depend on age and coverage amount.
The VEBA Trust is happy to announce that besides open enrollment for Critical Illness, we will be having open enrollment for Long Term Income Protection. Open enrollment for Long Term Income Protection is not an annual event. This will be an opportunity to enroll into Long Term Income Protection without having to complete additional forms.
What is Long Term Income Protection or LTIP? If you become totally disabled, you can replace up to 50%, 60%, or 66-2/3% of your monthly salary. Premiums are based on your monthly salary, age, and the elimination period (either 6 or 9 months).
Open Enrollment for Critical Illness Insurance and Long Term Income Protection is October 1 to 31, 2014. Enrollment forms and more information will be mailed to your home at the end of September.
Benefit Summary Statements
If you have VEBA Trust plans, we will be mailing out Benefit Summary Statements later in September. The statement shows you what benefits you are enrolled in and who your beneficiaries are. If you would like to make any changes to your beneficiaries, please complete the form that will be enclosed with the Benefit Summary Statement and return it to the Trust. If you would like to make changes to your plans, please call us at 440-6940 (Oahu) or 1-800-637-4926 (Neighbor islands).
Look for the HSTA VEBA Trust at all Institutes. A workshop on Workplace Caregiving and Long Term Care will be held at Kauai, Maui, Hilo, Kona, and Oahu.
HSTA VEBA Trust
8:00 a.m. to 5:00 p.m.
Monday thru Friday
Closed on weekends, major holidays
(toll free from Neighbor Islands)
HSTA VEBA Trust Address
1259 Aala Street, Suite 202
Honolulu, Hawaii 96817
Other member resources:
HSTA MEMBERSHIP ENROLLMENT FORM
Download a Membership Enrollment and Change Form today (New form posted August 25, 2014)
NEA MEMBER BENEFITS
Hawaii Employer-Union Health Benefits Trust Fund - EUTF
Effective January 1, 2011, the HSTA VEBA TRUST no longer handles medical, drug, vision, chiropractic, and dental insurance. Please contact the EUTF to find out about your health plan coverage.
ACCESS TO SAVINGS
Use your membership card to create a login to the Access Web site http://www.memberweb.com/groups/8878/newLogin8878.asp