Well, Judy, now you're getting Obamacare - isn't that nice? And with your 72nd birthday, here's a little blue pill to take...
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.
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~!
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.
Welcome to the Soviet Union.
Pray for America
Well they passed the bill, and now we’re finding out what’s in it. Just like Nancy said.
Just one more example of how easy we humans become dependent on something then squeal like a stuck pig when that something is taken away.
Businesses never should have been in the business of providing anything but X number of dollars for Y hours of work or production or commission.
We all know why it started but that does not change the fact that a business is not your mother or father.
Just like the government tells us not to feed the bears because they become dependent on food which they do not have to forage for, we humans all succumb, to one degree or another, to what on the surface appears to be free handouts.
In fact, the free handouts will always be more expensive because market forces are not in play.
Market forces will always try to push the price down while subsidized anything allows prices to rise.
Want health care to cost less or at minimum not rise faster than inflation? Offer only catastrophic coverage. Everyone should pay something otherwise we will always be in this hyperinflation spiral with health care and the communists will continue to push for One Payer (government) rationed health care.
Wonder how many of these geezers voted for Obama. They have nothing to worry about. He’ll take care of them. They’ll be getting their government-issued little red pill when they exceed their allotted amount of “health care.”
If it was a contract which couldn't be changed unilaterally, then bankruptcy should be the only way it can be breached. Or if it was a union contract the union could renegotiate it and screw the retirees.
Kevin Moen of “the Play” (Cal/Stanford Big Game 1982) is completely innocent of all of this.
The Goodyear Tire & Rubber Company did this last year, effective January 1, 2013...at least for salaried retirees.
Obama-care!
DuPont did the same thing to it’s retirees this year. After decades of explaining how they take care of their people, they tell their retirees they are not covered by the secondary insurance they had been getting[Medicare is primary and the secondary was retiree/DuPont paid].
Times they are a’changin’.