BP retiree here paying over 800/mo for Health plus savings plan. Seems generous but I also qualify for the 30 percent premium and this plan requires a 3200 deductible before the regular office copays kick in. Of course then there are even more coinsurances for misc procedures. I paid considerably less when working with a higher premium ratio ( I thought). Since there is no transparency on retiree rates online, I thought I’d check here to see if these numbers sound right or if I need to pester Retiree benefits to review my rate.
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Anyone who’s eligible to only pay 30% is really lucky. For the rest of us, the incentive to stay until 50 or beyond is getting lower and lower. Every couple of years we are supposed to quake in our boots and hope we don’t get laid off, but what is the company doing to actually make anyone who’s a high performer want to stay?
For some reason when you retire the high deductible plan is only about 100 less than the lower deductible plan - I am going to go for the lower deductible - lower out of cost given the premium.
yes, preparing to retire as well. Was quoted $937 per month for the PPO insurance
Yes, I have the health plus savings. I wish the premiums were more transparent and appreciate the confirmation. If we’re paying 30 percent premium that means the base premium for the high deductible plan is close to 3k monthly. Who negotiates these plans, where’s the savings? Others with higher percentages could probably do better with Obamacare or even BCBS direct.
Yep getting ready to retire on the ARCO medical retiree package, the number seems similar to what I was quoted....which plan are you on?
Health plus savings means high deductible…