Health Plan Changes
The annual individual deductibles would change to $1,600 from $1,900.
The annual family deductibles would change to $3,200 from $3,800.
The co-insurance will stay at 80 percent.
The annual dental benefit would stay at $1,500.
The the hearing aid benefit would be $1,500 per ear.
Deferred decisions, pending Economic Forum projections are:
Changing the $25,000 life insurance benefit to $10,000 for employees. For retirees it would be $5,000 instead of $12,5,00.
They also deferred action on cutting the HSA contributions for both employees and dependents.
In January 2017, they will make their decisions relying on the Economic Forum‘s revenue projections. It’s not looking good.