Re: IBM offloads $16 billion in pension liabilities
This does leave a lot of dangling questions and/or issues to be dealt with (more like live with, I guess). The guarantees for annuities are defined by the states ( State Guaranty Associations |
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Dave Lee
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#969
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Re: IBM $3,000 Heath Care subsidy terminated effective 1/1/2023
I'm a healthy senor (thankfully) and Medicare Advantage works well for me. I see my GP annually and rarely in between. I see the dermatologist twice a year, and have had several skin cancer surgeries
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Michael Halliday
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#968
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Re: IBM $3,000 Heath Care subsidy terminated effective 1/1/2023
yes, Totally agree -- I also made the initial mistake of thinking this was like the standard Medicare Advantage plan and it isn't.? it is unique, home-grown, and a very good plan.? ? Best of both
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RUTH PEAK
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#967
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Re: IBM $3,000 Heath Care subsidy terminated effective 1/1/2023
this is NOT like the Medicare Advantage plan you are used to.I made the same mistake until I called and got the particulars.??I also hated the Medicare Advantage plan -- but I repeat -- THIS IS NOT
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RUTH PEAK
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#966
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Re: IBM $3,000 Heath Care subsidy terminated effective 1/1/2023
*Agree, anyone who thinks Advantage is worthy of their time/money need to get some religion from:
https://nrln.org/*
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BigAl
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#965
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Re: IBM $3,000 Heath Care subsidy terminated effective 1/1/2023
Darwin,
"Give it some time and you will find out that Medicare Advantage is a giant scam. I speak from experience."
--------------------------------
Please help us by describing what went wrong
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[email protected]
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#964
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Re: IBM $3,000 Heath Care subsidy terminated effective 1/1/2023
The brochure on the UHC web site ( https://retiree.uhc.com/content/dam/retiree/pdf/ibm/2023/Introductory-mailer.pdf ) indicates that Kaiser, Tricare and VA benefits may be exceptions to enrolling in
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Ron Linton
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#963
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Re: IBM offloads $16 billion in pension liabilities
IBM posted a FAQ ( https://hrportal.ehr.com/ibm/Home/Answers-to-Your-Questions ) that explains the criteria.
*1. Who is affected by the purchase of the group annuity contracts?
* The annuity
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Ron Linton
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#962
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Re: IBM $3,000 Heath Care subsidy terminated effective 1/1/2023
I wonder if UHC will include Kaiser Permanente as a health care provider?? I accepted IBM's $500 offer to switch to an HMO 20 years ago and have been very pleased with my choice of KP - kind of a
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Teflon
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#961
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Re: IBM $3,000 Heath Care subsidy terminated effective 1/1/2023
MA's may be a scam & subsidized but they work in Minnesota at least so far.
I was able to keep my original IBM pension due to my age in the 1999 mess
but got the Future Health Acct/FHA. I took early
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Dave Naatz
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#960
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Re: IBM $3,000 Heath Care subsidy terminated effective 1/1/2023
Give it some time and you will find out that Medicare Advantage is a giant
scam. I speak from experience.
[email protected]> wrote:
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Darwin Busa
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#959
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Re: IBM offloads $16 billion in pension liabilities
Same here as Bob, same letter, not affected YET.
Wonder when I will be and how they drew the line.
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BigAl
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#958
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Re: IBM $3,000 Heath Care subsidy terminated effective 1/1/2023
For what it is worth, I also retired from AT&T and they had a Medicare Advantage plan last year (for the firsts time) that was cheaper and is great - it seems to combine the best of both worlds - you
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Joyce Nussbaum
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#957
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Re: IBM offloads $16 billion in pension liabilities
Although not affected, I received this letter today (see attachment).
Bob Young
[email protected]> wrote:
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Bob Young
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#956
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Re: IBM $3,000 Heath Care subsidy terminated effective 1/1/2023
THANKS
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JoeRoth
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#955
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Re: IBM $3,000 Heath Care subsidy terminated effective 1/1/2023
As a second choicer I never received the $3000, so am unaffected by this. I would however warn people about the dangers of Medicare Advantage plans and the governments attempt to privatize Medicare.?
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BigAl
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#954
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Re: IBM $3,000 Heath Care subsidy terminated effective 1/1/2023
IBM is a turnaround story and we are part of the turnaround.
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Darwin Busa
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#953
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Re: IBM $3,000 Heath Care subsidy terminated effective 1/1/2023
So, this sounds like IBM is stopping use of Via Benefits with no more HSA Benefits? No more help with retiree medical?? I recall my father, decades ago when retired, was very angry when he received a
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Linda Kilcrease
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#952
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IBM $3,000 Heath Care subsidy terminated effective 1/1/2023
I received a letter from IBM today, announcing this change, like most of you will/have. More details will be forthcoming. Here's a quote from the letter I
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[email protected]
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#951
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Re: IBM offloads $16 billion in pension liabilities
Does are medical change with this new arrangement?rchelak2003@...?Sent from my Galaxy
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Roberta Chelak
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#950
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