attn Medicare eligible retirees!!

Don't forget that the PPO plan AT&T is pushing does NOT cover Part B premiums - that's on you (~ $3,000 annually that could be paid for using the $4,200 subsidy provided through the AON exchange).

Also don't forget you pay an additional $1,000 annually to AT&T to join their PPO plan which actually results in healthy retirees subsidizing less healthy retirees rather than resulting in an expense to AT&T.

For many if not most retirees the $4,200 annual subsidy through the AON Retiree Health Exchange is a much better deal at least as long as it lasts through 2023. For most retirees the AT&T PPO plan costs ATT much less and retirees much more.

AT&T is just trying to get healthy retirees on the PPO plan to help them subsidize older less healthy retirees. If you are on one of the calls make sure you ask AT&T who plans for Part B premiums under the PPO plan.

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When I retired at 66 I got nothing from AT&T.

@iki
I welcome better math. So put some up. My info comes from the HRA plan where I got the amounts and the AT&T communication dated Aug 28th, in particular, HRA questions which says, enroll in AT&T's plan, keep the dental HRA and lose the medical HRA. Between the medical and dental for employee and spouse, they add up to $4200.

Looking forward to the math correction.

The website will steer everyone to the T PPO, beware. This is what Stankey wants, all retirees on PPO, sorry pal, not.this year. Next year you will have your captive audience, but not before. No T PPO for me.

Trying to enroll, what a pain in the neck. The site is trying to steer towards the PPO.

But I got to the CarePlus and see:
Because the CarePlus contribution holiday is ending, during annual enrollment 2022 you will need to make an active election to enroll in CarePlus coverage. If you do not make an election, you will be opted out of CarePlus for benefits effective Jan. 1, 2022.
A word to the wise. This is something I buy that I hope I never need to use.

It is not necessarily a bad idea to take the AT&T PPO, depending on the health situation, particularly if the retiree is not subsidized. It has a low maximum out of pocket, and non-network doctors don't cost more.

The prescription aspect is a bit confusing. Pg 27, there is a catastrophic provision that mentions a 7,050 threshhold. However, on pg 28, it say that there is a $6500 cap on pharmacy out of pocket.

Keep in mind that a HRA eligible retiree is eligible for up to $100,000 reimbursement for any prescription out-of-pocket over $5000.

The dr-gs can bankrupt people just as easily as the medical.

Big mistake taking the T PPO.

@uln

If you go with the advantage plan:
a. You and your spouse do not receive the $2400/$1300 subsidies
b. You and your wife will each pay the Medicare Part B premiums
c. UHC is an awful company to have insurance with as they deny all claims and
d. Many Doc's don't want to deal with UHC.
May make sense if your really sick but for us healthy seniors the cost is less and the
service is better having original medicare, buying a supplement and Rx plan

@uln+1dhiQ15w

You do need to do the math - you are just very confused.

It is a do-the-math situation.
Subsidized retiree: $0 premium and loss of $2400 HRA. Cost $2400
Subsidized spouse: $88.13×12=$1057.56 and loss of $1300 HRA. Cost $2357.56
Unsubsidized retiree: Cost $1057.56
Unsubsidized spouse: Cost $1057.56

HRA eligible retirees/spouses maintain vision and dental subsidies. ($300/$200)
All retirees need to pay Medicare part B premiums. (Est. $158.50×12=$1902)

As a subsidized retiree, and taking the health situation into account, hanging on to the subsidy and picking a $0 premium Med Advantage that included dental and vision makes sense to me. I keep the $2400 plus the $300 dental, even though I'm not getting separate dental and vision plans.

I've not heard a good explanation why the AT&T plan imposes different costs depending on whether the retiree is eligible for a HRA. Under certain circumstances, the AT&T plan can make good sense, regardless of the costs.

Yep.
This is a smoke & mirrors company.
Smell man & his HR team think they can fa-t & everybody will line up, smell it and believe the company line that - "5h1T don't Stink".
The advantage plan is a financial joke for a majority of us but the Smell thinks we are all d-mb. After all, Smell knows everything about anything and his success with TW, TMobile and DTV reflects his talent.
United Health has sent me volumns of junk mail and keeps calling me to sign up with their plan. I just throw their mail in the trash without reading it and after seeing United calling on my OOMA caller ID - pick up the receiver and hang it up. Had United years ago while working for SBC ---- so NO THANKS!

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