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Brown Cafe UPS Forum
UPS Retirement Topics
Teamcare for retirees...250k yearly limit
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<blockquote data-quote="form1000" data-source="post: 4637991" data-attributes="member: 73126"><p>I've spoke with a local insurance broker about secondary insurance. There is none available because health insurance plans are banned from having annual limits. The teamsters some how got the retirement plan grandfathered in. I understand they did this to make premiums more affordable, but the annual limits could end up being a financial disaster for something major. This broker said he could have a secondary policy underwritten by a insurance company if there was enough people interested in it. So my question is there anyone else wanting extended protection? The more people the lower the premium would be. I would like some feed back. Thanks</p></blockquote><p></p>
[QUOTE="form1000, post: 4637991, member: 73126"] I've spoke with a local insurance broker about secondary insurance. There is none available because health insurance plans are banned from having annual limits. The teamsters some how got the retirement plan grandfathered in. I understand they did this to make premiums more affordable, but the annual limits could end up being a financial disaster for something major. This broker said he could have a secondary policy underwritten by a insurance company if there was enough people interested in it. So my question is there anyone else wanting extended protection? The more people the lower the premium would be. I would like some feed back. Thanks [/QUOTE]
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Teamcare for retirees...250k yearly limit
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