PDFORRA Medical Assistance Scheme & their funding model with us
PDFORRA have campaigned for many years for the provision of appropriate medical treatment for its members. PDFORRA decided to establish PDFORRA Medical Assistance Scheme (PMAS) a registered company limited by guarantee. PDFORRA has made an initial investment of 150,000 Euros into PMAS and invites members who wish to join the Scheme to subscribe for a weekly cost of 1 euro per week.
PMAS will allow members to access suitable medical care for injuries received in and out of active service in Kingsbridge Private Hospital in Belfast. The treatment that members receive will be performed under the terms of the EU Cross Border Healthcare Directive. The Cross Border Directive (CBD) allows for patients ordinarily resident in Ireland who require and are entitled to public healthcare services to be referred to another EU/EEA member state for that care and be reimbursed in accordance with the legislation. Treatment must be paid directly by the member and reimbursement is then applied for to the HSE.
FUNDING MODEL WITH ANSAC
PMAS has secured a funding model with ANSAC Credit Union for members to pay for the treatment. PMAS will guarantee an ANSAC Credit Union loan for the member. PMAS will pay the excess between the cost of the treatment and the amount of reimbursement received from the HSE.
PMAS will liaise on the members behalf (Where appropriate) with Kingsbridge Private Hospital in Belfast, with ANSAC Credit Union and with the HSE.
(Above text extracted from: https://pdforramas.ie/index.php/about-us)
Life Savings Insurance
Life Savings Insurance is the life insurance cover the Credit Union provides for its eligible members as an additional incentive for them to save regularly. The amount of insurance benefit to which a member is entitled is in proportion to the amount of savings the member has, and depends on the members age at date of lodgement.
Subject to a maximum benefit set by the Credit Union, every €1 you save before the age of 55 provides €1 of insurance. Once you are over the age of 55 each €1 you save with your credit union provides the following benefit:
- €1 saved between ages 55-59 provides €0.75 insurance
- €1 saved between ages 60-64 provides €0.50 insurance
- €1 saved between ages 65-69 provides €0.25 insurance
No insurance is payable on amounts saved after your 70th Birthday.
Once earned, your insurance remains in force as long as you leave your savings in your credit union. Withdrawals may affect the amount payable.
A member is eligible for the insurance cover carried by the credit union if when they begin saving they are:
- Under the age of 70
- Actively at work, or if not working, in good health
Loan Protection Insurance
Loan Protection Insurance is the insurance cover the Credit Union provides on the lives of its borrowing members.
Should an insured borrower die, the insurance cover provides that the loan is repaid in full. If a member who is eligible for insurance cover and has signed the promissory note dies with a loan outstanding, the loan balance is paid in full by the insurer.
You will be informed at the time of the loan application if your loan exceeds the amount covered by the credit unions policy. Under the basic policy death cover ceases on the members 70th birthday. The credit union has the option of extending this age limit to the members 80th birthday by affecting cover under the Over 70 Rider. Disability cover however ceases on the eligible members 60th birthday.
An e-statement is an electronic version of your bank statement. It is formatted as a traditional bank statement, but is available as a portable document format file (PDF) via our web site.
E-statements are more secure than receiving a statement via traditional mail. The statement is stored on our secure servers and is only accessible via online banking. We will alert you via email when your statement is ready to view. Your statements are available as soon as they are generated instead of needing to wait for mail delivery.
You can opt-In for e-statements from the Online Banking module within your members area. Once you are in Online Banking, click in Subscription Services, select Yes, I wish to opt-in for Electronic Statements and click the Submit button.
Since the e-statement is provided to you as a portable document format (PDF) file, you can use your PDF viewer software to save a copy of the statement to your local computer. You can then back it up electronically for archival purposes. You can also print the statement on your local computer and archive the paper copy if you wish. As with all online banking and personal information, you should ensure your computer is secured.
Yes. The e-statement is delivered to you as a PDF file which you can print on your local printer.
You will need a PDF viewer program. You probably already have one installed. The most commonly used program is Adobe Acrobat reader. These are available to download for free from their makers' respective sites.
Adobe Acrobat Reader is one example of a PDF reader program. In order to view your e-statements you will need this or another PDF reader program installed on your computer. These programs are generally available for free download via the web.
You can download Adobe Acrobat reader from the Adobe web site.
If you want a paper statement, simply contact the office and we can have one posted to you.
