Effective November 1, 2006, the Trustees amend the Summary Plan Description of November 1, 2006 to correct a scrivener’s error in section 6.1.5 of that document.
Part VI of the Summary Plan Description describes the Value Plan option. The Value Plan is available to non-Medicare Retirees and spouses, surviving spouses and surviving dependents of retirees who meet the eligibility requirements. In many respects the benefits are similar to the benefits provided under the Open Access III coverage there are, however, some respects in which the benefits differ. Those differences are set out in Part VI. Where a difference is not noted, the benefit provisions are the same including the Individual Lifetime Maximum Benefit of $1,000,000. Nothing in the Summary Plan Description of any other plan document suggests that the Individual Lifetime Maximum Benefit does not apply to participants in the Value Plan and it has always been the Trustees’ intention that the Individual Lifetime Maximum Benefit apply to the Value Plan. Section 6.1.5 which sets out that the Value Plan charges, exclusions and limitations are, unless noted otherwise, the same as for the Open Access III Plan, however, does not, due to a scrivener’s error, explicitly refer to the Individual Lifetime Maximum Benefit. This amendment corrects that scrivener’s error.
6.1.5 Covered Charges, Exclusions and Limitations
Except as modified by this Part VI, all benefit provisions of the Open Access III Plan, see Part VI, including covered charges, exclusions, deductibles, benefit limitations, and maximum benefits will apply to the Value Plan.
