Why the National Fund

  • Consistent and Timely Verbal and Written Responses to Your Participants' Questions
  • Preparation and Distribution of Required Plan Documents, including Summary Plan Descriptions and Summary of Material Modifications
  • Maintenance of Member Eligibility and Superior Claim Adjudication
  • Negotiation of all Contracts with the National Fund's Service Partners
  • Administration and Operations are overseen by Labor and Management Trustees
  • Leveraged Purchasing Power Resulting in Managing Costs, Maximizing Discounts and Reduced Overall Administration Expenses
  • Spreading of Risk, Producing Reduced Volatility in Rate Renewals
  • Flexible Benefit Coverage Elections to Meet Your Specific Needs
  • COBRA and HIPAA Administration
  • Eliminate FASB 106 & SOP 92-6 Liabilities for Retiree Obligations, (where applicable)
  • Non-bargaining Employee Coverage Availability

The Value Added Benefits of the National Fund

Financial Matters

  • All administrative costs are included in the quoted
  • COBRA & HIPAA administration is part of the
    National Fund's service and the cost is included in
    the premium
  • The National Fund allocates assets to fund
    appropriate levels of reserves for future

Professional Services

  • All auditing, legal, banking, administrative and underwriting needs
  • Constant monitoring of participant needs and developments in the medical, dental, vision, Medicare and prescription drug marketplace
  • Professional oversight on all National Fund underwriting, financial and investment matters

Plan Design and Network Access

  • Flexible Benefit options include any or all of the medical, dental, vision, prescription drug, disability or life insurance benefits to suit group's needs
  • Medical benefits through the Carefirst Blue Cross Blue Shield nationwide PPO network considered to be the most widely recognized accessible network of hospitals and physicians, offering deep discounts
  • Prescription Drugs through Express Scripts, one of the largest pharmacy networks, including mail order
  • Dental coverage through Delta Dental using their expansive comprehensive network of providers
  • Vision benefits with National Vision Administrator
  • Life and A&D benefits through MetLife

Non-Bargaining Employees

  • Employers can cover all of their bargaining <u>and</u> non-bargaining employees

Management Oversight

  • Joint Labor and Management Trustee Committee to handle participant appeals