MEM ORANDUM
To:
All Members of Staff
From:
Roberta Sampson senior human resources manager, Southern Caribbean
Date:
September 10, 2014
Subject:
Group Health Plan Premium Increases
We are pleased to advise of the enhanced benefits now being offered under your Group Health Plan. However, please be advised that because of these enhancements the monthly premiums have been increased as indicated in the table below. The new premium will be effective from Premiums effective October 1, 2014. The enhanced benefits are attached for your perusal. The new rates are as follows:
Member Type
Previous Rate
Employee Only Employee plus 1 Employee & Family
$ $ $
124.59 355.36 355.36
Employer Portion
New Rate $ $ $
140.55 295.15 417.89
$ $ $
Employee Portion 105.41 221.36 313.42
$ $ $
35.14 73.79 104.47
Enclosed is the Schedule of Benefits, which indicates the change in rates for reimbursements. We would also like to advise that M & M Insurers Brokers have been recently appointed as our Brokers for our Trinidad Operations. Please be guided accordingly.