Machinists Custom Choices Worksite Benefits Program
Rising health care costs, health care reform, and economic challenges pose significant challenges to committees negotiating Collective Bargaining Agreements. Employers are moving to health care plans with high deductibles and even higher out of pocket limits. While this shift helps to maintain the premium cost of the health insurance plan, it does so by placing a larger financial burden on the backs of the members. Consider these statistics.
46% of the population has less than $1,000 in savings for unexpected healthcare expenses
Illness and medical bills were the cause of 62% of the personal bankruptcies in the U.S. last year – 78% of those families had health insurance
The families with health insurance incurred an average of just under $18,000 in out of pocket cost for their treatment
The Machinists Custom Choices Worksite Benefits program is a suite of supplemental insurance products that were designed to fill the gaps of the plans provided through the Collective Bargaining Agreement. Members select the product(s) and benefit amounts that meet their family's needs. Policies issued through a member's participation in the program pay benefits directly to the insured regardless of any benefits the member may receive from employer sponsored plans.
Since its inception, the Machinists Custom Choices Worksite Benefits program has allowed members to provide more financial security for themselves and their families through a series of supplemental insurance products offered at the worksite through payroll deduction. The Life, Catastrophic Loss rider, Critical Illness, Cancer, Accident, Disability Income, and Hospital Indemnity policies were custom designed for Machinists and negotiated with features and values based on the size of the IAMAW's national membership.
Note: If you recently received a coupon book from Boston Mutual Life Insurance Company, Please call our office
toll free @ 1-888-521-2900.
Machinists Custom Choices Worksite Benefits Program
The Machinists Custom Choices Worksite Benefits program has been offered at IAMAW represented companies such as Learjet, Boeing, Cessna, Spirit Aerosystems, Lockheed Martin, BNSF, CSX, Greyhound, Kennedy Space Center, MillerCoors, and many others. The policies purchased through the program are now carried by more than 80,000 Machinists across the country. The program is offered to members at the worksite and premiums for the policies are payroll deducted by the employer. Those products include:
***Insurance products must be filed and approved by each State's Department of Insurance. Policy provisions in your state may be slightly different than the provisions shown on this website.
All of the policies, with the exception of the disability income policies, are fully portable, meaning members keep the same cost and benefits if they leave employment or retire. Premiums are then paid directly to the insurance company. As an added benefit, each policy contains a Strike Waiver of Premium provision, which keeps policies in effect in the event of a strike without paying any premium.
The beauty of the Machinists Custom Choices Worksite Benefits program is that it allows members to select the benefits that are best suited for their own particular needs and fund those benefits through payroll deduction. As the program does not create an economic factor for the employer, adding the Custom Choices program to labor contracts is attractive to both the union and employer.
EBS Staff and Contact Information
Vice President Marketing and Client Relations:
Vice President, Sales:
Raymond W. Moore
You can reach any member of our staff by dialing 713-812-0900 or toll-free at 888-521-2900.
The office fax number is 713-812-0888.
Director of Administration:
Machinists Custom Choices Worksite Benefits Program
Frequently Asked Questions
1. What is the Machinists Custom Choices program?
The Machinists Custom Choices program began in 1997 and was designed to provide more financial security for IAMAW members and their families through a series of supplemental insurance products that are offered at the worksite. The products developed have benefits and features not normally available to an individual and were negotiated based on the national size of the IAMAW membership.
2. Is the Machinists Custom Choices program available to all IAMAW members?
The program is available to members covered by a Collective Bargaining Agreement that includes the Custom Choices program. The program is currently in over 300 CBA's and provides additional financial security to over 80,000 IAMAW Brothers and Sisters, and their families. EBS is working with IAMAW representatives to include the program in all CBA's as they come up for negotiation.
3. How do the insurance companies collect the premium due for these policies?
Premiums for the coverage(s) selected are payroll deducted and remitted to the insurance companies by each employer subject to the Collective Bargaining Agreement.
4. In the event a member terminates employment or retirees, what happens to the policies they purchased?
With the exception of the disability policy, all policies are fully portable, and can be continued by the member at the same cost and benefits. At that time, the policy owner would pay premiums directly to the insurance company rather than having those premiums payroll deducted.
5. Can members cancel their policy whenever they want?
The policies issued through the Custom Choices program are individually owned. As such, members may cancel their policy at any time.
6. How is the plan enrolled?
Salaried enrollment counselors visit the worksite to meet with those IAMAW members who is interested in participating. They explain the benefits of each policy, provide premium information, answer questions, and enroll those members who elect to participate. It is important to note that each enrollment counselor is a dues paying member of the Machinists Union.
7. Is coverage available for the entire family?
Family members are able to participate in all but the disability plan. Family coverage is available in the life insurance, critical illness, cancer insurance, accident insurance, disability income insurance, and hospital indemnity policies.
8. Is there an opportunity to make changes to the coverage levels elected in the future?
Each year, the enrollment counselors will return to the worksite to answer any questions and make changes or additions to existing policies. Employee Benefit Systems' customer service staff is also available to make changes throughout the year. They can be reached toll free at 888-521-2900.
9. How is the premium for each policy determined?
Premiums are based on the proposed insured's current age, the level of coverage elected, and who is covered, i.e. family coverage. Premiums are not affected by gender or whether or not the applicant smokes.
10. Explain the need for a Critical Illness with Cancer policy.
While life insurance provides financial security in the event of death, Critical Illness and Cancer insurance policies provide security when an insured is diagnosed with a covered critical illness. Many individuals who have been diagnosed with what once was a fatal illness are now overcoming the odds and surviving. Benefits from the Critical Illness and Cancer policies are paid to the insured upon diagnosis. Benefits are typically used to offset loss of income while the insured is out of work undergoing treatment, to cover non-medical expenses such as travel and lodging or a spouse's time off work, and to help with daily living expenses.
|American Railcar||Kansas City Auto Mechanics|
|American Stationery||Kansas City Southern Railroad|
|AMPAC Fine Chemicals||L-3 Com|
|Army Fleet Support||M-1 Support Svcs.|
|Bering Sea||Master Precision Transmission|
|Boeing Company||Norfolk Southern Railroad|
|Bowhead||Oxbow Calcining LLC|
|Canadian Northern Railroad||Precision Brand|
|CNH - Case International||Rexam Can|
|Core Molding||SC Jones|
|CSX Railroad||Silgan Containers|
|Delaware North Parks Svcs||SMR/Rothe|
|Delaware Resources Group||Southside Machine Works|
|Denmar||Southwest Facility Support|
|Despatch Industries||Spirit Aerosystems|
|DS2||Stennis Space Center|
|Eberhard Mfg||Swisher International|
|Elkhart Brass||Tinker Suport Services|
|Fidelity Technologies Corp||Trane|
|Geo Controls||Triumph Composites|
|GKN||Union Pacific Railroad|
|Glacier International||United Launch Alliance|
|Goodman Manufacturing||US Sugar|
|Hub City||Whirlpool Amana|
|Hughes Group||Wyman Gordon|
The Machinists Custom Choices Worksite Benefits program has offered IAMAW represented employees additional financial security since 1997.
No member is denied coverage! All insurance products are guaranteed issue for members during their initial year of eligibility.
Benefits paid from these policies do not coordinate with the company provided benefits and are paid in addition to any benefits provided by the company's plans.
All policies, except disability, are fully portable with no change in benefits or cost.
Available to family members.
Individually owned – lifetime benefits.
Strike Waiver of Premium provision on all plans.
Premiums collected through payroll deduction.
PERMANENT LIFE INSURANCE
CATASTROPHIC LOSS RIDER
Humana Insurance Company
First Diagnosis Benefit – One-time benefit payable when a Covered Person is first diagnosed with Cancer (other than Skin Cancer) or a Specified Disease. $5,000
Radiation, Radioactive Isotopes Therapy, Chemotherapy or Immunotherapy administered by a Radiologist, Chemotherapist or Oncologist on an inpatient or outpatient basis. Actual charges up to $5,000 per month.
Hospital Confinement – Payable for each day a Covered Person is charged the daily room rate by a Hospital for up to 60 days of continuous stay is $200 per day. The benefit for covered children under age 21 is two times the Covered Person’s daily benefit. No Lifetime Maximum.
Hospital Intensive Care Confinement Benefit of $625 per day. It is reduced by one-half at age 75.
Wellness Benefit for Cancer screening test such as mammogram, flexible sigmoidoscopy, pap smear, chest X-ray, hemocult stool specimen, or prostate screening up to $100 per calendar year.
UNUM ACCIDENT PLAN-Protection for the Unexpected
SHORT TERM DISABILITY INCOME
Members select a weekly benefit amount up to 60% of their salary.
Ability to increase weekly benefit up to $50 per week on a guaranteed issue basis during annual enrollments if member elects coverage during their first year of eligibility.
Tax-free benefits begin after 7 days of disability and are payable for up to 26 weeks.
Benefits payable for "total" and "partial" disabilities.
Benefits paid for disabling accidents or illnesses that occur off the job..
LONG TERM DISABILITY INCOME
HOSPITAL INDEMNITY INSURANCE
Customized to supplement the health insurance provided by the employer.
Provides a scheduled benefit amount regardless of the benefit paid by the health insurance plan.
Policy can be designed to provide a scheduled benefit for some or all of the following: hospital admission, daily hospital confinement, hospital intensive care, wellness, emergency room treatment, rehabilitation unit, outpatient surgery, diagnostic procedures, inpatient surgery, lodging, and transportation.
Coverage for High Deductible Plans
Customized to provide a benefit that closely matches the deductible required by the employer's health insurance plan.
Provides first dollar benefits that apply towards those deductible limits. Ideal for today's high deductible plans.
The only plan in the Custom Choices portfolio that requires employer funding.
If you are a policyholder and need assistance filing a claim, please fill in the web form below, then click "Submit the Form". After receipt of the information, our customer service representatives will assist you with the filing of your claim.
If the web form above doesn't work and you have a local email client installed (like Outlook or Thunderbird), click the section below that includes the first letter of your last name. Submit your name, the name of the insured, the type of policy you have (life, critical illness, cancer, etc.), the policy number, and your phone number, e-mail and/or fax number. Our customer service representatives will receive the information and will assist you with the filing of your claim.
If your last name begins with A -- I ... Click Here
If your last name begins with J -- Q (and all members at AFS) ... Click Here
If your last name begins with R -- Z (and all members at Stennis) ... Click Here
10000 Memorial Drive,
Houston, TX 77024.
Toll Free: 1-888-521-2900