" While I am certain the Company would say otherwise, what is clear at this time is that [they] had no interest in reaching an early agreement...
We either prepare ourselves for a protracted strike, or we accept the true worst-case scenario: the end of retiree healthcare in the not-too-distant future."
7 replies (most recent on top)
@OP Verizon has one post 65 plan for union members. It is a Medicare advantage plan after you apply for part A and B Medicare. This is their supplemental plan. You have to do your homework to find out the different supplemental plans for what works for you.
Unfortunately that ship has sailed the union leadership messed up years ago.That ship has now sailed !!!!Lets face it the best you can hope for is an agreement that can cap it at some point but Verizon will not roll back the current cap .So right now prepare for $600 month for pre Medicare cost .Lets face it we sold our soul years ago.Anyone currently working keep going till Medicare eligibility or if you leave be prepared to find another job that pays medical till that Medicare .But the corporation ki-led retiree benefits years ago .They have always been one step ahead of the good old boys gang who did our negotiations.The company has always played the long game.The biggest we need to keep an eye on is our pensions along with the lump.We may need heavy duty raises in this agreement knowing now tht in exchange we basically won’t have retiree benefits worth taking.Sorry but the people tht most retirees and current employees voted for years ago based on popularity is now coming to bite us.
Retiree health care cost is about 250$ per month, per person, till Medicare kicks in at 65
From what I was told retirees pay for medical till they are 65 when Medicare kicks in. Medicare becomes your primary health insurance and VZ covers secondary insurance free.
@a2 Not that simple. Medicare does not cover everything, What it does not cover could destroy you.
@OP doesn't the government assume medical responsibility and take over at 65, via Medicare, relieving companies of their responsibility?
We've been down this road before, lets fight the fight against the might.