Americana Financial Names Beech Street as National Provider Network for Steel Worker Benefits Plus, the Health Plan by and for Former LTV Steel Employees.Business Editors & Health/Medical Writers WARWICK, R.I.--(BW HealthWire)--April 24, 2002 Americana Financial Services, Inc., the outreach and service center for The Retired Steel Worker Benefits Plan and Trust (Steel Worker Benefits Plus), announced today that Beech Street Corporation will serve as the national provider network for Steel Worker Benefits Plus plan participants Plan participants Employees or other beneficiaries who are eligible to receive benefits from a company's employee benefit plan. , less than 65 years old. Steel Worker Benefits Plus is the Voluntary Employee Beneficiary Association IRS Definition A voluntary employees' beneficiary association (VEBA) under Internal Revenue Code section 501(c)(9) is an organization organized to pay life, sick, accident, and similar benefits to members or their dependents, or designated beneficiaries if no part of the net (VEBA VEBA Voluntary Employees' Beneficiary Association ) health benefits plan arranged by and for LTV LTV See: Loan-to-value ratio retirees and former employees with the assistance of Americana Financial. Beech Street Corporation, with corporate offices in Lake Forest, CA, is one of the largest independently owned Preferred Provider Organizations (PPO PPO abbr. preferred provider organization PPO Managed care Preferred provider organization, see there Infectious disease Pleuropneumonia-like organism, see there ), with over 345,000 providers, 3,300 hospitals and 50,000 ancillary providers. The company has provided over 51 years of reliable service to more than 700 clients and 16 million members across the country. Due to LTV's recent bankruptcy, the majority of its retirees and laid off employees are left with limited health plan options including the loss of Life and dental coverage. Americana will administer an affordable health benefits program for both pre- and post- age 65 individuals and their families. These programs will be available to all eligible participants regardless of health status. Americana will service plan participants through its state-of-the-art Customer Care Center, which is staffed with experienced benefit professionals. In addition, plan members can access their benefits and a health information resource center online at www.MemberNetUSA.net/steel. To service the former employees of LTV a dedicated, toll free number has been established at: 800-717-7895 According to Samuel H. Fleet, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Americana/NEBCO, Beech Street has an extensive provider network, giving former LTV employees nationwide access to quality health care. "The health services health services Managed care The benefits covered under a health contract delivery should be seamless for patients," says Fleet. "In many cases, patients will continue to see their current providers and use the same local hospitals and facilities, since many of their providers belong to the Beech Street network," he said. |
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