Posted:
September 27, 2013
A notice dated September 20, 2013 was mailed to all active AMO Medical Plan participants as required under the federal Patient Protection and Affordable Care Act. The notice was sent on behalf of the contributing Medical Plan employers describing the availability of health coverage through public health insurance exchanges. Since the coverage provided by the AMO Medical Plan to active participants meets the government's standards, active participants are not required to take any action as a result of this notice. The complete notice and enclosure can be downloaded from the AMO Plans website.
Under the Affordable Care Act, almost all employers are required to send out notices to their employees by October 1, 2013. During the upcoming weeks, you may receive the enclosed notice from your employer(s). However, the Department of Labor has sent a ruling that allows the Plan to send you the same notice in order to explain what the notice means to you and your coverage under the American Maritime Officers Medical Plan (the "Plan").
The enclosed "New Health Insurance Marketplace Coverage Options and Your Health Coverage" notice is required as part of the federal Patient Protection and Affordable Care Act (also known as "Healthcare Reform"). The notice is intended to provide information about purchasing health insurance from the Health Insurance Marketplace, also called the "Exchange". The Exchange was designed for those who do not have access to adequate, affordable health coverage through an employer. As you know, your AMO signatory employer(s) pay contributions to the Plan on your behalf as required under a collective bargaining agreement. As long as the Plan's eligibility requirements are met, you and your eligible dependents are covered under the Plan. You are not required to pay any monthly premium to purchase coverage. Since you do not pay anything towards a premium for your coverage, and the coverage meets the government's standards, you are not required to take any action as a result of this notice.
As an eligible participant, some of the benefits offered by the Plan that will not be offered through the Exchange are:
Please contact the Plan office at (800) 348-6515, ext. 12 if you should have any questions regarding this notice or any of your benefits under the Plan.
AMO Plans: Health Insurance Marketplace notice mailed to all active Medical Plan participants
A notice dated September 20, 2013 was mailed to all active AMO Medical Plan participants as required under the federal Patient Protection and Affordable Care Act. The notice was sent on behalf of the contributing Medical Plan employers describing the availability of health coverage through public health insurance exchanges. Since the coverage provided by the AMO Medical Plan to active participants meets the government's standards, active participants are not required to take any action as a result of this notice. The complete notice and enclosure can be downloaded from the AMO Plans website.
Under the Affordable Care Act, almost all employers are required to send out notices to their employees by October 1, 2013. During the upcoming weeks, you may receive the enclosed notice from your employer(s). However, the Department of Labor has sent a ruling that allows the Plan to send you the same notice in order to explain what the notice means to you and your coverage under the American Maritime Officers Medical Plan (the "Plan").
The enclosed "New Health Insurance Marketplace Coverage Options and Your Health Coverage" notice is required as part of the federal Patient Protection and Affordable Care Act (also known as "Healthcare Reform"). The notice is intended to provide information about purchasing health insurance from the Health Insurance Marketplace, also called the "Exchange". The Exchange was designed for those who do not have access to adequate, affordable health coverage through an employer. As you know, your AMO signatory employer(s) pay contributions to the Plan on your behalf as required under a collective bargaining agreement. As long as the Plan's eligibility requirements are met, you and your eligible dependents are covered under the Plan. You are not required to pay any monthly premium to purchase coverage. Since you do not pay anything towards a premium for your coverage, and the coverage meets the government's standards, you are not required to take any action as a result of this notice.
As an eligible participant, some of the benefits offered by the Plan that will not be offered through the Exchange are:
- A minimum Death Benefit of at least $50,000;
- A minimum Accidental and Death Dismemberment Benefit of $25,000 to $50,000;
- Sickness and Accident Disability Benefits;
- Coverage for Onboard Illness and Injuries;
- Dependent Coverage at no additional cost;
- Vision and Dental Benefits at no additional cost;
- Dependent Scholarship Benefit;
- Prescription Coverage at no additional cost.
Please contact the Plan office at (800) 348-6515, ext. 12 if you should have any questions regarding this notice or any of your benefits under the Plan.