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UPS Retirement Topics
Retirement medical insurance
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<blockquote data-quote="Shiftless" data-source="post: 4601755" data-attributes="member: 47472"><p>Got it. </p><p></p><p>So that is Teamcare that is switching to or has switched to a retired Teamcare program on your behalf.</p><p></p><p>As for premiums?</p><p>Same here, we never paid premiums for insurance while working. Once retired, it was $200 a month for myself and spouse.</p><p>now its $300 a month directly to UPS.</p><p></p><p>How does Teamcare work?</p><p>What happens when you hit 65? Where do they pick up or drop off? Do you have to take part B? Everyone has to take part A.</p><p></p><p>How UPS works:</p><p>UPS insurance keeps your insurance the same till you turn 65. At 65 you still keep the came health member number</p><p>but it is then called some other name and only backs up after Part A and B have paid their portion.</p><p></p><p>That is why you see some of us reply here that talking to the local is useless for certain things. This is one of them.</p><p>AND! In general anything retirement related I tell people who are in the 7 western states who are under the </p><p>WCT pension program your best bet is to get a definite answer direct from the WCT.</p></blockquote><p></p>
[QUOTE="Shiftless, post: 4601755, member: 47472"] Got it. So that is Teamcare that is switching to or has switched to a retired Teamcare program on your behalf. As for premiums? Same here, we never paid premiums for insurance while working. Once retired, it was $200 a month for myself and spouse. now its $300 a month directly to UPS. How does Teamcare work? What happens when you hit 65? Where do they pick up or drop off? Do you have to take part B? Everyone has to take part A. How UPS works: UPS insurance keeps your insurance the same till you turn 65. At 65 you still keep the came health member number but it is then called some other name and only backs up after Part A and B have paid their portion. That is why you see some of us reply here that talking to the local is useless for certain things. This is one of them. AND! In general anything retirement related I tell people who are in the 7 western states who are under the WCT pension program your best bet is to get a definite answer direct from the WCT. [/QUOTE]
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