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UPS Health Benefits Shock for Retired Union Employees
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<blockquote data-quote="tardus" data-source="post: 1075151" data-attributes="member: 18896"><p>Hoakster is correct: the Affordable Care Act's elimination of annual benefit limits in health care coverage only applies to insurance plans that cover active employees. UPS is exploiting the loophole that the UPS Retiree Health Plan covers no active employees -- only a whole heck-of-a-lot of FORMER employees! <strong>I would strongly encourage anyone with a UPS Retiree Health Plan to read the fine print on whether their plan has an annual limit on insurance coverage. (</strong>I even called up the Feds to complain about the annual limit in my UPS Retiree Health Plan policy, and the Feds told me that the restrictions do not apply to retiree plans that have no active employees.)</p></blockquote><p></p>
[QUOTE="tardus, post: 1075151, member: 18896"] Hoakster is correct: the Affordable Care Act's elimination of annual benefit limits in health care coverage only applies to insurance plans that cover active employees. UPS is exploiting the loophole that the UPS Retiree Health Plan covers no active employees -- only a whole heck-of-a-lot of FORMER employees! [B]I would strongly encourage anyone with a UPS Retiree Health Plan to read the fine print on whether their plan has an annual limit on insurance coverage. ([/B]I even called up the Feds to complain about the annual limit in my UPS Retiree Health Plan policy, and the Feds told me that the restrictions do not apply to retiree plans that have no active employees.) [/QUOTE]
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