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Brown Cafe UPS Forum
UPS Retirement Topics
UPS Management Retirement-Health Plan Coverage
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<blockquote data-quote="upsoldtimer" data-source="post: 1013201" data-attributes="member: 8646"><p>I recently retired after over 35 years of service. There is one other major difference between the UPS Retirement Health Plan and the UPS (Active Employee) Health Plan that I didn't see mentioned thus far. The maximum the plan would pay out over one's lifetime is capped at $1,000,000. The plan for active employees carries no maximum cap. When I contacted Corporate about it, I was informed that the active employee plan must follow the rules of Obamacare, whereas the retirement health plan was grandfathered and does not have to abide by the new healthcare law. This is also the reason why one's children are only covered up till the age of 26 providing they are still full-time students rather than the active employee plan where there is no full time education requirement.</p></blockquote><p></p>
[QUOTE="upsoldtimer, post: 1013201, member: 8646"] I recently retired after over 35 years of service. There is one other major difference between the UPS Retirement Health Plan and the UPS (Active Employee) Health Plan that I didn't see mentioned thus far. The maximum the plan would pay out over one's lifetime is capped at $1,000,000. The plan for active employees carries no maximum cap. When I contacted Corporate about it, I was informed that the active employee plan must follow the rules of Obamacare, whereas the retirement health plan was grandfathered and does not have to abide by the new healthcare law. This is also the reason why one's children are only covered up till the age of 26 providing they are still full-time students rather than the active employee plan where there is no full time education requirement. [/QUOTE]
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