VEBA Contribution Increase
Trustees made the decision to increase the VEBA contribution from the current levels to $3,000 for individual coverage and $6,000 for family coverage. This is based on their review of overall plan performance and recognition of the value members’ place on the VEBA.
Additional VEBA Contributions tied to annual exam completion
For 2022, if members completed their fire fighter exam in 2021, prior to the September 30th deadline, they earned an additional $500 VEBA contribution. For 2023, we’re happy to announce we are once again offering an incentive to earn a VEBA bonus by completing your fire fighter exam. In order to earn the additional $500 bonus contribution in 2023, members will need to complete their annual exam between October 1, 2021 and September 30, 2022.
2022 Member Contributions
Your monthly contributions will change modestly so that we can keep up with our expected costs for 2022. The amount of change varies based on which bargaining group you belong to and which family members you are covering. Please refer to the table on pages 11-12 for a breakdown of 2022 Member Contributions.
There are no other changes to our plans for 2022. However, please take the time to review your Guide as it contains useful information on a number of items, including:
- Plan Highlights for your Medical/Vision,
- Prescription Drug and Dental Plans
- Information on your VEBA Benefit
- Trust Eligibility
- Teladoc Virtual Health Services
- The Trust’s partnership with Spokane Internal Medicine (SIM) for our Annual Fire Fighter Exams
Affordable Care Act (ACA) Tax Requirements
The Trust Office will provide you with Form 1095-B, which shows whether you and your family had qualifying health coverage for part or all of 2019.
You DO NOT need Form 1095-B to file your taxes. Just like last year, you can check a box on your tax return verifying you had qualifying health coverage.
You can expect to receive Form 1095-B for the 2019 tax year in the mail by January 31, 2020. Check to make sure it’s accurate and keep it with the rest of your tax documents.
If you have any questions about Form 1095-B, please contact the Trust Office at (888) 563-0665, option 4.
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