Beginning July 1, 2019, all medical rates are changing due to an issue that BCBSM identified with the 2019 renewal rates. Premiums will be reduced to offset the incorrect 2019 renewal rates. The new rates will be available to view on June 21st at www.dsrabenefittrust.net. For those of you participatingin the HCTC AMP program, the IRS will process the rate changes and then send you a new acceptance letter confirming the new rates in early to mid July. Please be sure you are paying the adjusted rates beginning July 1st and for the remainder of the year. If you happen to pay at the old rates by mistake, don’t worry, your coverage will not be impacted, and overpayment will be refunded by the IRS if the difference is over $1. If you pay BCBSM directly, the new amounts will be reflected in your invoice. This change does not impact any dental or vision rates. For members that have auto payments set up directly with BCBSM, they will automatically adjust the payment amount for you. However, if you have “auto draft” or bill pay set up directly with your bank, where the bank sends the funds to BCBSM automatically, you will need to change the amount directly with your bank. Any contract changes that are requested after 6/3/2019 with an effective date of 7/1/2019 or later must be reported to the IRS from the member.
If you have questions about the benefit plans or the rate change, please contact BCBSM – our pre-65 plan administrator – at 1-877-354-2583. On behalf of the DSRA Benefit Trust Committee, we thank you for your participation in the DSRA Benefit Trust benefit plans and your ongoing support. We appreciate the opportunity to continue to serve you! ----- DSRA-Benefit Trust Board of Directors