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Over the Wire: November 2022

Nov 23, 2022Over the Wire

FreeStyle Libre System

Effective January 1, 2022, the FreeStyle Libre System began to be covered under the Plan as a Prescription Drug Benefit. Refer to the Plan booklet for more information about this important update

Prescription Drug Exception

Until recently the Plan allowed the maximum purchase of a 100-day supply of prescription drugs. Effective April 1, 2022, eligible Members and Dependents may receive an exception for a prescription drug supply of up to 200-days, if you are leaving Canada and require a supply of greater than 100 days. This exception applies to multiple prescriptions, one time per year per claimant.
To apply for the exception:
• contact the EBFA Fund Office or ClaimSecure
• ask for the Prescription Drug Purchase Exception Request Form at least 7 business days
prior to departure, and
• return the completed form to the EBFA Fund Office.

Electrical Industry Savings Plan

To comply with these changes the Trustees created the Electrical Industry Savings Plan so that retired members of the Plan who are receiving a pension and who are under age 71 (“Savings Plan Participants”) can accrue pension benefits from contributions made on and after January 1, 2022. From January 1, 2022 onwards, Savings Plan Participants working in Covered Employment will have contributions deposited into the Savings Plan until they reach the maximum pensionable age (end of the calendar year in which the Savings Plan Participant reaches age 71).

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