The more interesting snip is the following: "Health insurance will not necessarily be less costly. It will be operated by state health insurance exchanges, which will offer a competitive private health insurance market that should provide one-stop shopping."
Can anyone explain how the ACA benefits those IBM retirees that are lucky enough to have IBM subsidized health care coverage? I don't see it.
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--- In ibmpensionissues@..., "teamb562" <teamb562@...> wrote:
snip:
The ACA is likely to spark many more changes. Employers that still offer retiree health benefits may decide to provide something different. For example, instead of a health insurance plan, they may give Boomer retirees a fixed amount of money, called a premium reimbursement, Fontanetta says. Retirees could use that money to select insurance at their state exchange marketplace.
