The Pension & Benefits Committee has reviewed the maxima corresponding with the extended health and dental benefit provisions and approved the following changes effective January 1st, 2021:
Benefit |
Provision |
Previous Maxima |
New maxima |
---|---|---|---|
Extended Health |
Paramedical/hearing aids |
$717 |
$743 |
Private duty nursing |
$21,739 per year |
$22,517 per year | |
Out-of-pocket cap |
$129 single / $259 family |
$130 single / $262 family | |
Dental |
Basic services |
$2,328 |
$2,358 |
Major services |
$3,508 |
$3,553 | |
Orthodontia |
$3,508 |
$3,553 | |
The Pension & Benefits Committee also reviewed the retiree life benefit amount, and no changes were warranted due to CPI for September 2019 to September 2020. |
What does this mean?
The amount available for reimbursement has increased to the new maxima as outlined above. For example, the coverage for paramedical practitioners (e.g. physiotherapy) has an annual reimbursement maximum of $743, instead of $717 per year.