Got this today from my retired friend. I also am a 41 year retiree from AT&T and am curious as to what exactly is going to happen.
Is anyone able to comment on info I heard 2nd (or maybe 3rd) hand. I heard insurance coverage plans for retirees is expected to go away at the end of 2014. This statement was made to a friend by a currently working AT&T manager. Didn't get a name. Thanks!
ANSWERS:
Only if you are 65 & older. The new insurance will be subsidized. How much I dont know. We got letters telling us this. I attended a meeting on internet called webinar. I have a meeting with my "personal advisor" on phone in Sep. to help me decide what is best for me. How much will we be reimbursed? Dont know yet. This goes for prescriptions ins and dental. Sad day for medicare retirees retired from ATT. At least that is my opinion.
Retiree insurance will not end at the end of the year. there will be a change for Medicare eligible retirees beginning in 2015. beginning then AT&T will no longer be the supplemental insurance. these retirees will be moved to private Heath exchanges managed by AON. AT&T will contribute an as of yet undetermined amount of money into HRA's to fund some of the medical cost.
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