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Vanbreda premium payments

By Vanessa Garcia,2014-03-09 06:49
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The Organization's contributions for IMO retirees who benefit from after-service medical coverage are sustained. 5. The revised tables of contributions

    INTERNAL MEMORANDUM

    TO: DATE: All staff members 25 January 2010

    THROUGH: REFERENCE: ADMIN/10/8

    FROM: CC: Director, Administrative Division

    SUBJECT: Vanbreda Health Insurance

    1. The purpose of this circular is to inform staff of the changes to the premiums for the

    Vanbreda medical, hospital and dental insurance plan for IMO, which came into effect on

    1 January 2010.

    2. Following consultation between the Administration, the Joint Administration Staff

    Working Group and Vanbreda, and in light of the contractual provisions in the plan, the

    Administration has accepted a reduction of approximately 10 per cent over last year’s

    premium as a result of a decrease in amount claimed in 2009.

3. As of 1 January 2010, the monthly premiums will be as follows:

    Effective

    Type of coverage Current 1 January

    2010

    Staff members only (Category A) ?136 ?123

    Staff member and one family member (Category B/C) ?286 ?258

    Staff member and two or more eligible family members (Category D) ?475 ?428

     Staff contributions

    4. It will be recalled that the Council agreed in 2002 to the recommendation which had been

    made by the Joint Administration Staff Working Group for a new cost-sharing formula,

    namely, a ratio of Member States’ : participants’ contribution of two-thirds : one-third,

    which follows the UN pension scheme arrangement. In line with the Council’s decision,

    this relationship has been maintained in 2010. Staff members’ contributions will,

    therefore, decrease by approximately 10% and their share of contribution as a

    percentage of the premium will remain the same. The attached (revised) tables adjust

    some previous income bands to take account of salary adjustments during 2008/2009.

    The Organization’s contributions for IMO retirees who benefit from after-service medical

    coverage are sustained.

    5. The revised tables of contributions payable by staff members in the Professional and

    higher categories and the General Service category, effective 1 January 2010, are set

    out in annexes 1 and 2 of this circular. Examples are shown in annex 3.

    6. Participants should bear in mind that their reimbursement claims have a direct

    effect on the premiums of the Plan.

    ***

    Annex 1

    VANBREDA GROUP MEDICAL, HOSPITAL AND DENTAL INSURANCE SCHEME FOR IMO STAFF

    Rates of contribution effective 1 January 2010

    Professional Staff at Headquarters

     Contributions of Staff Members according to net

     Total monthly premium monthly pay

     charged by Vanbreda (net base salary plus post adjustment)

    Category

    Up to $8000.01 - $9500.01 - over

    $8000 $9500 $12000 $12000

    A Staff member only ?123.00 ?43.05 ?44.75 ?46.48 ?48.20

    B/C Staff member and one eligible ?258.00 ?90.30 ?94.81 ?98.45 ?102.09

     family member

    D Staff member and two or more ?428.00 ?149.80 ?155.92 ?162.98 ?169.02

     eligible family members

    Annex 2

    VANBREDA GROUP MEDICAL, HOSPITAL AND DENTAL INSURANCE SCHEME FOR IMO STAFF

    Rates of contribution effective 1 January 2010

    General Service Staff at Headquarters

     Contributions of Staff Members according to net

     Total monthly premium monthly pay

     charged by Vanbreda (net base salary plus language allowance and

    Category non-resident's allowance)

    Up to ?1800.01 - ?2200.01- over

    ?1800 ?2200 ?2875 ?2875

A Staff member only ?123.00 ?31.98 ?35.67 ?39.36 ?43.05

B/C Staff member and one eligible ?258.00 ?67.08 ?74.82 ?82.56 ?90.30

     family member

D Staff member and two or more ?428.00 ?111.28 ?124.12 ?136.96 ?149.80

     eligible family members

    Annex 3

    Examples (January 2010)

     G.2 V G.4 V G.6 V G.7 V P.2 V P.3 V P.4 V P.5 V

    Category A

    Vanbreda approximate % decrease from 10% 10% 10% 10% 10% 10% 10% 10% present contribution

    staff member's contribution as % of 26% 29% 32% 35% 35% 36.39% 37.79% 37.79% premium

    Category B/C

    Vanbreda approximate % decrease from 10% 10% 10% 10% 10% 10% 10% 10% present contribution

    staff member's contribution as % of 26% 29% 32% 35% 35% 36.75% 38.16% 39.57% premium

    Category D

    Vanbreda approximate % decrease from 10% 10% 10% 10% 10% 10% 10% 10% present contribution

    staff member's contribution as % of 26% 29% 32% 35% 35% 36.43% 38.08% 39.49% premium

    _____

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