Retirees....what are your thoughts on the company not having a healthcare plan in effect for retirees in 2014 and beyond? Are you happy with the large monthly premiums for 2013???? A 500% premium rise........
This is an old message board but we just got our costs from AT&T for our healthcare 2013. It tripled! $220+ for one dependent (wife). No prior warning. Anyone else freaking out???? Husband retired in 2008. We're worried. We're on a fixed income.
Ditto on that for the same premium notice I received for my wife and I. $220 from around seventy something dollars per month and it says "after taxes" whatever that means?? I thought the affordable healthcare act was going to lower our premiums since they went down last year I thought after it passed. I just do not understand why all of a sudden retirees are expected to come up with such a huge amount per month. I was under the understanding that is why we earned what we did while we worked with the understanding our retiree healthcare premiums would be kept available and affordable.
reality check: it would cost you $800-1000 per month if you had to pay for good health insurance like you have. so, appreciate it. until we come to terms with the future costs and move to an efficient system for universal coverage we will be paying a lot more and more and more...
Everyone has suffered since Obama has taken office. The fixed income will shrink because inflation will expand dramatically in 2013/2014. The government doesn't measure food & energy in inflation. #$%$. Bernanke has and will keep interest down until 2014 so those retires depending on dividends & interst income won't see a decent return for a long time.
The worst case will be the soaring health costs when obamacare fully kicks in. God help us.
Just got my retiree premium that went from seventy something a month for myself and wife to around $220. So, please tell me this is a screwup somewhere. Oh I forgot, retirees are "not allowed to be bargained for". Talk about getting pitched under the bus.
Somebody has to pay for Big Ed Whitacre's monthly use of the AT&T corporate jet and his family healthcare for life perks when he retired. And don't forget the 100 million dollar retirement package he got. Remember he was a part of the "Texas Mafia" when he ran SBC and then AT&T. After Randall screwed the pooch on the T-Mobile deal that cost a 4 billion dollar payment, look for us retirees paying for this next year.
All companies are going to have to charge more as healthcare cost outpace our economy.
Remember if you do not like your healthcare plan you can chose Obamacare.
Support him, and his caring plan, just incase Romney takes things SOUTH again.
It is true. I have talked to several retirees. If you are married and not on medicare yet and your spouse is not covered at work by their insurance you pay $110.00 for you and $110.00 for the spouse.
More information please Splicer. Where did you get this 2014 cessation of health care plan from? I haven't heard anything about it.
I don't how much our 2013 premiums will be yet, but I do know it costs $77.00 monthly currently for me and my wife with Kaiser South Senior Advantage California with catastrophic care included.
While premiums have gone up and down over the years, it has never been more than $100.00 for me alone prior to my wife becoming Medicare eligible.
With the $72.00 Medicare rebate check I get from State Street (as required by Federal law) every month, I don't consider my plan to be all that bad. If you are aware of the plan being discontinued, kindly post a link.
The employees ask. If Randy keeps increasing the dividends every year on over 6 billion shares and adding another 200 million dollars to the already 10 billion dollar payout . To show everyone what a good job he is doing as CEO . Oneday, T can no longer cut employee benefits enough to pay the dividends and his perks at the same time .......and we all know he isn't going to cut his benefit plan trying to show wallstreet what a good job he is doing
A follow-up on my original post......I retired from ATT- in Ohio.-2012. Our meeting w/ the union informed us that NOTHING is in place for our healthcare in 2014- the company and the union have agreed to "TALK" about it next fall (2013). How do you think that will go with the contract settled and signed????? Do you really think that any employees on the payroll will stand up for retirees? Not a chance. It's a my, me, world, But wait till they get to retirement age, (if they make it that far). My worst case worry is no benefits or premiums that are so high that your pension cannot cover them. Put your house and money in a trust, go to the hospital like 3/4 of the population, and pay $10 a month toward your bill.......you will get the same care with insurance or no money..... Worked all those years and now they screw us.... cancel your u-verse, landline, and cell/dsl. Sign up with another company. Why support them when they don't live up to the promises of benefits???
I am retired CTL former Qwest 69 years old. They increased mine from $112 to $256 per month.There are better deals outside the company.One is coventry and it's 0 per month for us both and just pay co pays to Doctors,hospitals and phamacys.Hope you find this helpfull.
one day you'll retire, too, and want what was promised to you for your years of work. this benefit was a bargained form of compensation, a delayed payment, if you will.
corporate america will not be satisfied until there are only two classes of people in this county: the very wealthy (built on the backs of the rest) and the very poor; no middle class. what you forget is the middle class is what keeps this country from anarchy...without a middle class, we got nothin' to lose.
why don't you just opt out? the world would be better off without predators
Well, guess your parachute is holding up fine big mouth. National trend or not does not make it right. Companies just taking advantage of working people as much as their unethical selves can. No wonder the younger folks don't have the dedication, pride and loyalty to do a good job for a company anymore when they use them and loose them and people like you dismiss the practice and overlook the moral aspects of what is right and wrong.
What retiree health plan? I'm on medi-care with a supplement I pay myself. AT@T does pay for my dental insureance. But, if I didn;t have dental insureance from U.C. my payments would be quite a bit.. You do know that "Obama-care" was written by insureance companies? Your so called "representatives" in Congress voted for it sight unseen. It's meant to drive your payments up. I have read where AARP stands to make one BILLION dollars from Obama-care. What other insurers will make is probably astronomic. Be sure and thank all the nice "liberals" that love you so much for handing the insureance companies billions.
Well I certainly hope you are incorrect with your information. Unfortunately, NON of us really know the details including the congress whom I agree probably voted on it without reading it either. Unfortunately either side on this one issue are being straight with us or at least I can't find the facts. It does sound like you may be watching the FOX news channel or listening to Rush for your information. If the Democrats had not caved to the way the Republicans wanted to do this premiums could have been low for all. I have to admit that I am afraid that a guarantee I can get medical coverage does me no good if I cannot afford it in my non working years. One thing is for sure, our Congress can't shoot straight. The whole idea was suppose to be to get the costs under control so people could afford it. I believe it should be improved upon with the focus on affordability for citizens foremost and not for whomever is paying off the Republicans and Democrats in Congress to vote with the healthcare industry that has inflated what it should cost for care or treatment that causes the premiums to be so ridiculous.
insurance companies extorted this from the administration in return for universal health care. they demanded that you have insurance. wonder why? we need the health care that civilized countries have but the medical mafia won't allow it. too many peopled getting rich off the sickness of others.
You mislead. yes, costs will be up, and shocking because at&t has had such great bennies. this is happening all over, and when they get medicare the cost go down.
they will have a plan in the future. under obama.
"During 2013, AT&T will continue to provide access to comprehensive health care coverage including choices that allow you to tailor coverage to your individual needs. The health care coverage provided by AT&T is heavily subsidized by the company – the average retired bargained employee pays less than half of the national average for medical costs on a percentage basis. The company will continue to move toward a market level subsidy for retirees. The company reserves the right to make changes after 2013, and make any necessary adjustments as a result of changes in the law."