DP3 Inc Information

The DP3 VEBA Trust offers a healthcare plan for any active or retired employee of Delta or a subsidiary of Delta. It was formed by Delta Retired pilots to offer some competition in the healthcare options available to all Delta people. You will see when you look at our healthcare plans that we have exceeded the offerings of any plan currently offered to Delta retirees/employees, in both the over 65 plans and the under 65 plans. It is our intent to provide the best coverage available to our subscribers. DP3 is a non-profit organization, as is the DP3 VEBA Trust. In early 2009 the American Recovery and Reinvestment Act (ARRA) became law. DP3 began investigating the possibility of forming a Voluntary Employee Beneficiary Association (VEBA). This would offer hundreds of Delta people who have experienced a pension termination with Delta or a former airline a healthcare option that would qualify them for the IRS's Health Coverage Tax Credit (HCTC). You can get a brief history of our formation with this PowerPoint presentation - (Link to PP on VEBA). One great advantage of the DP3 VEBA Trust is that it is an HCTC qualified plan. HCTC is available to anyone between the ages of 55 to 65 who receives a payment from the PBGC. This would include retired Delta pilots, active Delta pilots who have elected to take their PBGC benefit while still working, and any Delta employee who receives a PBGC benefit from an airline which terminated its pension plan. The HCTC currently pays 80% of the healthcare premiums those eligible. In order to see the DP3 VEBA Trust healthcare plans follow the links below. ou will see the individual plans, the benefits provided by each plan and the cost of the plans. These benefits include lower deductibles, lower co-pays, and better overall coverage than are currently available.