In May 1999, the Air Traffic Controllers Association of Greece (ATCAG) created a mutual assistance supplementary compensation fund for medical care, totally independent from ATCAG-SCF, by the name "Supplementary Compensation and Medicare Funds" (ATCAG-SCMF), for the registered members of ATCAG. ATCAG-SCMF does not constitute a separate legal entity but it is entirely owned by ATCAG. Its operation and funds administration are carried out under supervision from the Governing Council and the General Assembly of the ATCAG active Members.

THE AIM OF ATCAG- SCMF

  The aim of ATCAG-SCMF is to provide medical care compensation to its Members and their dependents. "Members" of ATCAG-SCMF are considered all those active members of ATCAG who will be able to conserve their membership ever after their retirement as pensioners (they will become non-active members). As soon as membership is established, medicare assistance is provided until the age of 75. It can be prolonged beyond this limit (for life) if membership has been held for at least 10 consecutive years before age 75.

THE COVERED PERSONS

  All ATCAG-SCMF Members and their dependents (non active members) are entitled to compensation. A Dependent (non active member) is defined as the wife or husband of a Member as well as any unmarried child aged 1 to 20 or up to 28 if they are students. In the latter case an affidavit of student status shall be provided by the Member (or the dependent), as proof of matriculation and yearly promotion in a University or Technical College here or abroad.

  The resources of ATCAG-SCMF are the following: 

The monthly contribution of each member or dependent (non-active member). 
A lump-sum contribution from each member, equal to 1% of the insurable salary equivalent to the Social security (IKA) highest insurance class. 
A lump-sum contribution from each member, equal to 0.5% of the insurable salary equivalent to IKA's (social security) highest insurance class for each participating dependent member.

The upper limit for hospital expenses In case of hospitalisation due to accident or illness the ATCAG-SCMF shall refund 100% of all certified expenses. Nevertheless, the refund cannot exceed the limit of € 29154 for hospitals in Greece and € 58309 for hospitals abroad ( €1 = 343 Drs.) These refunds will include: 

            The daily charge for a hospital room which however cannot exceed that of a double room in the most expensive private hospital operarting legally in 
Greece. 

            The daily expenses for lodging and food for the insured member and its escort which cannot exceed the amount of €145,77 per person. The daily expenses  compensation will be paid after the 7th day of residing abroad for hospitalization purposes and cannot exceed the 30 days for each time. 

Re-adjustment of the upper limit for hospital expenses is to be expected in case hospitalisation concerns one of the five serious "dread diseases", i.e: 

            heart attack 

            coronary artery needing surgery 

            stroke 

            cancer 

            kidney malfunction In the above five cases, the previous limits are extended to € 43731(local hospitalisation) and € 58309 (abroad), respectively. 
                Hospitalisations taking place less than three months apart shall be regarded as one. 

Expenses not covered by ATCAG-SCMF For each hospitalisation in Greece, the insured will bear the cost of the first € 4373 (or € 7288 abroad). The rest will be paid by ATCAG-SCMF as above. 

Provision of daily hospitalisation allowance In case the insured person fails to submit a receipt for the expenses as mentioned above then ATCAG-SCMF will pay a daily allowance of €73 (in Greece) and €146 (abroad), not exceeding the period of 30 days each time. 

Hotel room and board expenses for patient and one companion. If the patient is taken abroad for hospitalisation, room and board daily expenses are covered for both companion and patient who must, in this case be treated as an outpatient unable to travel back to Greece. 

Priority in the collection of compensation from sources other than ATCAG-SCMF. The following mandatory procedure of compensation collection will be applied in the following sequence. Social security (IKA), mutual funds and insurance companies are given priority in the payment of claims for compensation; then the ATCAG-SCMF will pay the remaining compensation amount claim after the submission of the required documents.

ADMINISTRATION AND INVESTMENT OF FUNDS

The ATCAG-SCMF reserve funds are invested in: 

profitable bonds 
 medium or long term bank accounts 
 land and real estate 
 government bonds 
 any other profitable investment 
 short term bank deposits 
 Greek and E.U. mutual funds 
 Greek and E.U. stocks