DC 37 Health and Security Plan

Update Your Beneficiary Form

November 20, 2019 // 0 Comments

By GREGORY N. HEIRES  Protect your loved ones. Keep your DC 37 Health & Security Plan and DC 37 Annuity Fund Plan beneficiary form up-to-date. Outdated information on the form can delay and even deprive your designee(s), spouse or children of much-needed benefits. A recurring example: A DC 37 member fails to update their beneficiary information after a divorce. The member then remarries and passes years later. The first spouse, whose name is still on the outdated form, receives the member’s death and annuity benefits. The death benefit for active employees is $10,000 and for retirees it is $2,000. Children also lose out on benefits if parents neglect to identify them as beneficiaries. So, it’s clearly a good idea to check to see if you need to update your DC 37 Health & Security Plan and DC 37 Annuity Plan beneficiary form. When should you consider changing your [More...]

Union Benefit Fund Takes on Big Pharma

March 19, 2018 // 0 Comments

By GREGORY N. HEIRES As pharmaceutical companies continue their rampant hikes of drug prices and ignore the dangers of their products, DC 37 and other unions’ benefit funds, states, counties and cities are turning to the courts to level the field for our members and the public at large. In recent months, DC 37’s Health & Security Plan has filed 18 lawsuits against the generic drug industry for illegal practices and price gouging. The skyrocketing cost of these drugs flies in the face of the supposed purpose of generic companies, which is to offer less expensive alternatives to brand-name drugs. These lawsuits contend that generic manufacturers conspired to artificially inflate prices in violation of federal and state law. Taking Big Pharma to court over opioids The union is also part of a separate lawsuit filed in December that seeks damages from opioid manufacturers and [More...]

Unions, City Meet Target for Savings; Health Care Coverage Still Premium-Free

June 7, 2017 // 0 Comments

By GREGORY N. HEIRES Mission accomplished. The Municipal Labor Committee on May 18 approved the last of a series of coverage changes that will enable the city to save $3.4 billion in employee health care costs. The city and MLC — which represents city unions on health care matters — agreed to the four-year plan in 2015. The saving plan enabled DC 37 to maintain the premium-free health care coverage that members and retirees enjoy through Blue Cross Blue Shield/GHI-CBP and HIP/HMO. “There were doubts in some circles that the union and city could achieve this, but we succeeded,” DC 37 Executive Director Henry Garrido said. “The plan preserves our premium-free coverage at least through fiscal year 2018.” Here are the changes: ● The co-pay for members enrolled in HIP/HMO who use Urgent Care centers will increase to $50 on July 1. Currently, the co-pay at the centers ranges [More...]