- 6 - 12484-99 (which was after the merger), its principal place of business was in San Francisco, California. B. Norwest’s Welfare Benefit Plans On January 1, 1930, Norwest established the Norwest Corp. Medical Plan, also known as the Norwest Corp. Hospital-Medical Plan (the medical plan). The medical plan is a self-insured welfare plan providing for the payment (or reimbursement) of all or a portion of covered medical expenses incurred by Norwest’s eligible employees (including eligible retired employees) and their eligible dependents. Since June 1, 1957, the medical plan has provided postretirement medical benefits (i.e., medical benefits for its retirees), pursuant to a rider issued by Prudential Insurance Co. of America, relating to Norwest’s group health insurance policy. Over the years, Norwest established other plans, in addition to the medical plan, to provide benefits for Norwest’s eligible employees (including under some plans retired employees) and their eligible dependents. The employee benefit plans include a long-Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011