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<blockquote data-quote="falcon back" data-source="post: 4569206" data-attributes="member: 81520"><p>Your spouse does not have to be covered to qualify for the payment. The retiree insurance is about $2250 a month as of today, very high. You can always jump on the Cobra plan for the 18 months FDX allows you to use it. That is about $950 a month right now. Then use the retiree insurance. Cobra and retiree amounts I listed include medical, dental, vision with the exact coverage you have as an employee with the same deductibles. You even get the reimbursement card that we have now for the 1st out of pocket expenses. The money Fedex gives you can't be used for Cobra and can't be used if you get medical coverage from another employer IF the premiums are taken out PRETAX, which most are. The retiree insurance premium is deducted by direct withdrawal from your checking account and approx. 2 weeks later, FDX will deposit that months reimbursement.</p></blockquote><p></p>
[QUOTE="falcon back, post: 4569206, member: 81520"] Your spouse does not have to be covered to qualify for the payment. The retiree insurance is about $2250 a month as of today, very high. You can always jump on the Cobra plan for the 18 months FDX allows you to use it. That is about $950 a month right now. Then use the retiree insurance. Cobra and retiree amounts I listed include medical, dental, vision with the exact coverage you have as an employee with the same deductibles. You even get the reimbursement card that we have now for the 1st out of pocket expenses. The money Fedex gives you can't be used for Cobra and can't be used if you get medical coverage from another employer IF the premiums are taken out PRETAX, which most are. The retiree insurance premium is deducted by direct withdrawal from your checking account and approx. 2 weeks later, FDX will deposit that months reimbursement. [/QUOTE]
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