2018 Management Retiree Enrollment

Questions and answers about medical benefits, severance pay outs. etc.

Re: 2018 Management Retiree Enrollment

Postby PAC on Thu Oct 26, 2017 8:08 pm

Kenl wrote:Something must be wrong, my 2018 Medicare Plan Advantage Plan 400, for my Spouse and myself decreased by $1534. Old rate was $5,040, new rate is $3,506. As far as I can see the coverage is the same as last year. I have the option (located in NY) of a Advantage Plan 400 and Advantage Plan 250. Both cost the same with a different deductible and maximum out of pocket expense. No explanation as to why the price decreased.



I noticed that too - I can't see what's changed but I was going to try to call Verizon Benefits to see if I could find out anything.
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Re: 2018 Management Retiree Enrollment

Postby Maggie on Thu Oct 26, 2017 8:14 pm

Please let us know what you find out. Mine decreased also. Thanks.
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Re: 2018 Management Retiree Enrollment

Postby cos101 on Fri Oct 27, 2017 2:58 pm

"management" retiree, 76% subsidy, family plan $9,962 an increase of 32%. Please stop crowing about how your costs DECREASED because I'm subsidizing you. Also, what do union retirees in a similar situation pay? I'd guess I'm subsidizing them as well. By the way, I no longer contribute to the Assn of Belltel retirees since they only work on union retiree issues. In the 3 years since being riffed, my medical premiums, already outrageous, have gone up 125%. Good luck on the next contract, I'm sure I'll pay for that as well ...
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Re: 2018 Management Retiree Enrollment

Postby Kenl on Sat Oct 28, 2017 11:29 am

I don't see anybody "crowing" about costs going down. Just curious as to why their costs are going down after years of increases just like you..
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Re: 2018 Management Retiree Enrollment

Postby vabucki on Thu Nov 02, 2017 5:19 pm

Mine dropped as well. Management + Spouse, Northern Virginia 2003
by the same amount.
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Re: 2018 Management Retiree Enrollment

Postby vz353 on Tue Nov 07, 2017 2:40 pm

It has been a long time for those of us that took the 2003 package but I am a bit confused about the health care coverage increases. If my memory does not fail me, I believe there was a document stating a maximum of 15% increase yearly on healthcare cost. My plan just went up around 35% from last year, quite the jump. On the other hand, maybe it was only 15% if we chose the companies targeted plan. :?:
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Re: 2018 Management Retiree Enrollment

Postby fisher1 on Tue Nov 07, 2017 8:36 pm

On the other hand, maybe it was only 15% if we chose the companies targeted plan.

Correct.
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Re: 2018 Management Retiree Enrollment

Postby peachy77 on Tue Nov 21, 2017 2:11 pm

I know it is past signup time, but signup is always painful! My insurance - for husband and me for Anthem BCBS PPO - went up again this year, but only 27% (compared to 30% on my last sign up). I called VZ Bens and asked why my Medical cost went from $7,397 in 2017 to $9,386 in 2018 . My concern was that the coverage is the same (Medical, not prescription which has a new twist) as my expectation was that the company would cover 77%. The response was that there is a max 'subsidy' cap of $3900. there is NO more company contribution at a percentage. And apparently, this is the case for the last 3 years. This 30% increase has been going on for years!
She additionally said that the company communicated that there was a cap on the subsidy many years ago.
I have Medical , Dental and insurance on my husband. My monthly payment goes from $675+ to $841 .
Anyone else hear about this 'subsidy' cap?
(btw, I did work out that numbers... If I pay $7397 (lets say 7400) which would be my 23% share , the total insurance package would be priced at $32,174 -- which is outrageous for what we get in this package. I hope my calculation were correct. )
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Re: 2018 Management Retiree Enrollment

Postby peachy77 on Tue Nov 21, 2017 2:23 pm

With respect to the Prescription portion of Anthem BCBS - two items regarding Pharmacy Benefits -

(1) Be on the lookout for the 2018 Drug exception list! I went through this a few years ago when they excluded one of my husbands drugs, which did not have a generic. I had to file paperwork to get them to request his history with the doctor and then wait for Express Scripts to decide if they can continue to offer him the drug and at what price. They attempted to offer him 'substitute's, which his GP was adamant that he not take due to side effects.

(2) Per the Anthem announcement in July, Anthem will no longer partner with Express Scripts, with an end date of 12/31/2018. No word on who their new partner will be as yet.
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Re: 2018 Management Retiree Enrollment

Postby vz353 on Tue Nov 21, 2017 2:56 pm

Looks like Anthem will partner with CVS for prescriptions after 2018.
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