Ibm Moving Some Retirees Off Its Health Plan

Back To School: Taxes, Health Insurance & Dependents

1 To find out more about Facebook commenting please read the Conversation Guidelines and FAQs IBM moving some retirees off its health plan David Koenig, Associated Press 7:02 p.m. EDT September 7, 2013 IBM plans on moving some retirees off its health plan. (Photo: Odd Andersen, AFP/Getty Images) Story Highlights Company will give retirees money to buy coverage on a health-insurance exchange About 110,000 retirees who are eligible for Medicare will be affected IBM capped health subsidies to retirees in the 1990s SHARE 11 CONNECT 6 TWEET 1 COMMENTEMAILMORE IBM plans to move many retired workers off its health plan and give them money to buy coverage on a health-insurance exchange. The move is part of a corporate trend away from providing traditional retiree health benefits as costs rise. The company says it acted after projections showed that costs under its current plan for Medicare-eligible retirees will triple by 2020 and that the increases would be paid by retirees through premiums and out-of-pocket costs. An IBM spokesman said Saturday that the change will affect about 110,000 retirees who are eligible for Medicare. Under the change, IBM will make annual contributions to health-retirement accounts.
For the original version including any supplementary images or video, visit


Similarly, pingbacks and other links will be disregarded for purposes of the contest. You must include your full name and your email address with your entry, just enter it when you register to comment. I wont publish your email address but I do need contact information for the winning entry. Due to shipping considerations, only United States addresses, please. Sorry, Canada, eh?
For the original version including any supplementary images or video, visit

Oklahoma is second state allowed to extend health plan outside Obamacare

When I first learned that my insurance would pay for my top surgery, I thought the deal was sealed — but I couldn’t have been further from correct. While I was privileged to start this journey with the therapy and hormone coverage that many medically transitioning folks are unnecessarily barred from, I faced two unanticipated limiting factors while preparing for surgery: (1) finding a surgeon willing to work with insurance, and (2) fitting the profile of a “properly” insurable trans person. On the road to universal trans-inclusive health insurance, these two points need to be addressed — and the earlier the better. Takeaway #2: The System Can Incentivize Providers to Not Accept Insurance Upfront Puttering around the Philadelphia Transgender Health Conference a mere day before I would receive my fateful insurance decision, I was stopped by a friendly voice behind me. I turned to spot a friend who’d recently heard that his job would be covering trans medical care (including therapy, hormones, and surgeries — though not all procedures) the following year.
For the original version including any supplementary images or video, visit

Transgender Health Insurance (Part 2): Why Coverage Is Only the Beginning

“We look forward to working with Oklahoma and all other states in bringing a flexible, state-based approach to Medicaid coverage expansion and encourage the state to explore these options,” Health and Human Services spokeswoman Emma Sandoe said on Friday. Indiana Governor Mike Pence on Tuesday said the federal government had granted a one-year waiver allowing his state to continue operating its own health program, called the Healthy Indiana Plan, which has been operating since 2008. Indiana’s plan offers health insurance to about 37,000 people who do not qualify for Medicaid, including childless adults aged 19 to 64. It is based on high-deductible health plans and tax-free health savings accounts. Iowa and Arkansas have sought waivers to use funds available under Medicaid expansion to provide subsidies for buying insurance on the new state-based exchanges. These exchanges will open next month to sell insurance for 2014.
For the original version including any supplementary images or video, visit


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s