Skip to comments.Moen retirees to lose health care insurance
Posted on 03/26/2013 5:27:46 AM PDT by EBH
Judy Starcovic was one of nearly 230 Moen Inc. retirees who opened letters last week informing them their company-provided health care insurance will end as of Jan. 1, 2014.
I was there 35 years and they told me I had health care with them, Starcovic, 71, said Monday.
The letter, which was signed by Moen President David Lingafelter, informed retirees that as of Jan. 1, Moen will no longer offer health care insurance to approximately 440 retirees in the U.S., including the almost 230 who live in Northeast Ohio and the rest of the state, according to Robyn Hill, Moen vice president of human resources.
Hill cited the cost of insurance, coupled with adapting the companys health care to conform to changes mandated by the health care reform bill for its current workers as the reason for the change. Those moves include extending the coverage to age 26 for dependents and paying 100 percent coverage for birth control.
(Excerpt) Read more at chronicle.northcoastnow.com ...
Proved to be a “drain” on resources.....
This only makes me despise my liberal in laws that much more.
Well, she will have to rely on Medicare plus an add on policy and come up with some co-pays like everybody else. What did she think was going to happen? Companies have been discontinuin private healthcare insurance for retirees for the last 30 years. This should be no surprise.
Only the teachers seem to be still on 100% reimbursement.
Well, Judy, now you're getting Obamacare - isn't that nice? And with your 72nd birthday, here's a little blue pill to take...
Thank you, Obamacare, for making the cost of medical services insurance so impossibly high as to drive it either out of the country or underground. The “Patient Protection and Affordable Care Act” is probably one of the most mis-named pieces of legislation ever passed in the history of the United States. Patients are not protected and no care is afforded at any price.
And these people have not even been subjected to a rendering of “Quality Adjusted Remaining Years” board review yet.
Time is coming when the only half-way adequate health will either be self-treatment, or contacting an underground or overseas operation.
I can’t see why they can’t grandfather. Those who are retired are ok, but all future retirees will not receive those benefits. Although, from the sound of the woman in the story, she is 71 so she is on medicare and most likely the company medical plan was secondary so they were only paying 20 percent....UNLESS the company was the primary and they didn’t need medicare which is highly unlikely. With only 440 retirees affected, I don’t see why they can’t continue the coverage. What is their bottom line? That would be interesting to know. Of course in a poor me story, you never get all the facts.
Oh, but I bet they feel good about themselves for being “good people” for supporting policy that “helps people”.
They won’t even listen to any arguments or examples of how the policy actually hurts people, because when you present those facts, you’re “attacking” their “good personhood”.
Oh, but I bet they feel good about themselves for being good people for supporting policy that helps people.
...that’s what being a low information voter is all about!
Your post makes two astonishing assumptions.
Just in time for Obamacare!
And to think- no one believed us (conservatives) when we said there was “death panels”... How confident are you now (at age 72)?
Stay healthy! Don’t want to have the government doing a cost-benefit analysis to see if you can ‘qualify’ to get the latest health care treatments~!
You forgot the Medicare Part B premium she pay’s. True it does not go to an Insurance company, but it’s an out of pocket expense. In 2013 it’s gone to $104.90. By Comparison it was $3.00 in 1965 when the “tax” was first legislated into existance.
Bet the Democrats never thought about that prospect eh!
Oh, on closer inspection, perhaps you DID include this cost, just at the wrong rate.
This happened in the company I worked for many years ago, long before Obamacare.
In this case it was due to the declining fortunes of a 100 year old company being destroyed by NAFTA. A few years later the company went out of business and many thousands of American jobs just evaporated.
We found out that it is perfectly legal for a company to promise a retirement benefit your whole working life then end it the week before you retire.
There are also a myriad of cases where companies have altered retirement medical benefits long after retirement.
Near as I can tell, this give those retirees who did not vote for the Obamadork full rights to beat the smelly sh...er...Obamastuff out of those retirees who did.
And that right shall soon come to all of us.
Beware, libs, your time is indeed coming.
Which highlights the difference between legal and moral.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.