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Brown Cafe UPS Forum
UPS Retirement Topics
Retiree healthcare vs open market ??
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<blockquote data-quote="Wilco700" data-source="post: 4883315" data-attributes="member: 90662"><p>Very interesting how different regions have different insurance options. I retired in 2004 under Golden 80 plan in Southern California. Pension is provided by WCT. At that time, we paid $50 monthly for same coverage we had while working. When I turned 65, had to switch to Medicare. I believe at that time the monthly premium had increased to $300 monthly over the last few contracts. Was a real sticker shock! I'm trying to decide if it would be more affordable to switch to a supplement and drop the UPS (Aetna) policy. However, having coverage for Dental and Vision is definitely a plus with UPS coverage. We've had many providers tell us we have GREAT coverage for those services. I think it would be nice to have a more uniform coverage for retirees across the states, but it is what it is.</p></blockquote><p></p>
[QUOTE="Wilco700, post: 4883315, member: 90662"] Very interesting how different regions have different insurance options. I retired in 2004 under Golden 80 plan in Southern California. Pension is provided by WCT. At that time, we paid $50 monthly for same coverage we had while working. When I turned 65, had to switch to Medicare. I believe at that time the monthly premium had increased to $300 monthly over the last few contracts. Was a real sticker shock! I'm trying to decide if it would be more affordable to switch to a supplement and drop the UPS (Aetna) policy. However, having coverage for Dental and Vision is definitely a plus with UPS coverage. We've had many providers tell us we have GREAT coverage for those services. I think it would be nice to have a more uniform coverage for retirees across the states, but it is what it is. [/QUOTE]
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