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On
July 13, 2006, the United States District Court for the Eastern District
of Michigan approved the proposed Settlement Agreement. The
proposed Settlement Agreement allows for certain modifications, which
will be implemented
August 1, 2006,
to the health care benefits Ford provides to its retired hourly
employees, surviving spouses and their eligible dependents.
Example:
If you are currently covered by BCBS National PPO and you
want to remain covered by BCBS National PPO, you will call the toll free
number and enroll in the BCBS National PPO. If you are currently
covered under PacifiCare and you want to continue with PacifiCare then
you will need to call this number and enroll in PacifiCare. If you do
not call you will be defaulted to the
"Catastrophic Coverage" Plan.
To enroll, you will need to contact the Hourly Healthcare Telephone
Enrollment System at
1-800-524-1234
and
follow the prompts to complete the authorization process. Please note,
deductions will begin August 1, 2006 for those that have enrolled.
($15 Single, $30 Family)
*Protected Retirees**
- are not required to pay monthly contributions for Company-provided
health care coverage. Protected retirees and surviving spouses receive
an annual Ford pension benefit of $8,000 or less (excluding lump sum
payments and Medicare Part B reimbursement)
and have
a pension benefit rate of $33.33, or less, per month/per
year of credited service.
**The
designation of "Protected" may be re-determined for a retiree or
surviving spouse as a result of benefit increases, etc. At the time of
re-determination, the retiree may change from "Protected" to "General"
(non-protected) or "General" to "Protected" status. |
