Service Employees Benefit Fund
INCREASE IN DENTAL PLAN REIMBURSEMENTS
The Trustees of the Service Employees Benefit Fund (SEBF) have approved an increase in the dental reimbursement schedule. Many of the most common dental procedures will have significant increases. This means that SEBF will pay your dentist more money for covered dental services. SEBF will reach out to dentists that have submitted dental claims within the last two years and invite them to join our network. This will create a larger network for you to choose from. If there is a dentist you would like us to contact, please let us know.
For a list of the most commonly used dental procedures and new dental fee reimbursement schedule and/or a list of participating dentists, visit our website at www.sebf.org, contact our office at (315) 218-6513 or Toll Free (855) 835-9720 or email us at email@example.com.
Effective August 30, 2019, the Trustees of the Service Employees Benefit Fund (“Fund”) made the following change to the Summary Plan
Description (“SPD”). Article III. Plan Exclusions is amended by adding the following new Exclusion:
26. The prescription drug Zolgensma
Zolgensma is a prescription drug used to treat a rare condition Spinal Muscular Atrophy. Zolgensma has been reported as the most expensive
prescription drug in the history of pharmaceuticals and carries an estimated cost of $2.1 million. The Trustees excluded Zolgensma
in order to protect the assets of the Plan; those assets are there to provide covered benefits for all of the Fund’s participants.
The Trustees will continue to monitor developments regarding Zolgensma and pricing.
Summary Material Modification
Effective January 1, 2020