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Brown Cafe UPS Forum
UPS Retirement Topics
Early Retirement and Medical Benefits
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<blockquote data-quote="tardus" data-source="post: 1060035" data-attributes="member: 18896"><p>Fred5456: I strongly advise you to check the FINE PRINT of your p/t insurance policy. I was horrified to find that the health policy for p/t retirees had a $150,000 annual maximum cap, so if you were in a serious accident or came down with a serious illness you would quickly find yourself with a maxed out coverage. As you know the Obamacare does not allow maximum annual caps on coverage, but these new rules only apply to plans with employees; as UPS informed me, my retirement health plan had no employee members only lots of FORMER employee members.</p></blockquote><p></p>
[QUOTE="tardus, post: 1060035, member: 18896"] Fred5456: I strongly advise you to check the FINE PRINT of your p/t insurance policy. I was horrified to find that the health policy for p/t retirees had a $150,000 annual maximum cap, so if you were in a serious accident or came down with a serious illness you would quickly find yourself with a maxed out coverage. As you know the Obamacare does not allow maximum annual caps on coverage, but these new rules only apply to plans with employees; as UPS informed me, my retirement health plan had no employee members only lots of FORMER employee members. [/QUOTE]
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