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Duke Energy Dumps Retiree Health Insurance - THE NC Herd Fan - 09-17-2013 09:16 PM
Looks like more "benefits" of Obamacare.
Quote:Duke Energy, the nation’s largest electric utility, became the latest corporation to opt for ending a longstanding company practice of insuring its retirees, a cost-saving approach already embraced by IBM, Time Warner, Caterpillar, General Electric, DuPont and many others.
Remember the LIAR Barack Hussein Obama saying "If you like your insurance you can keep it"? Well you can except when you get dropped.
Let the Have Obamacare
RE: Duke Energy Dumps Retiree Health Insurance - smn1256 - 09-17-2013 09:49 PM
Waiting for the left to call Duke Energy greedy.
RE: Duke Energy Dumps Retiree Health Insurance - Native Georgian - 09-17-2013 10:40 PM
Remember, this has nothing -- NOTHING!! -- to do with ObamaCare.
RE: Duke Energy Dumps Retiree Health Insurance - Fo Shizzle - 09-17-2013 10:43 PM
I understand from my Dad that BB&T is removing itself from the insurance business. He is waiting to see what happens to his retirement health care benefits.
RE: Duke Energy Dumps Retiree Health Insurance - VA49er - 09-18-2013 08:21 AM
(09-17-2013 10:43 PM)Fo Shizzle Wrote: I understand from my Dad that BB&T is removing itself from the insurance business. He is waiting to see what happens to his retirement health care benefits.
I find that really hard to belive. Insurance sales provide that company was SOOOOOOO much noninterest income.
RE: Duke Energy Dumps Retiree Health Insurance - Fo Shizzle - 09-18-2013 11:34 AM
(09-18-2013 08:21 AM)VA49er Wrote:(09-17-2013 10:43 PM)Fo Shizzle Wrote: I understand from my Dad that BB&T is removing itself from the insurance business. He is waiting to see what happens to his retirement health care benefits.
I find that really hard to belive. Insurance sales provide that company was SOOOOOOO much noninterest income.
Just relaying what he told me. He is 82 and may be misunderstanding what he letter he received meant. I will investigate further.
RE: Duke Energy Dumps Retiree Health Insurance - VA49er - 09-18-2013 12:03 PM
(09-18-2013 11:34 AM)Fo Shizzle Wrote:(09-18-2013 08:21 AM)VA49er Wrote:(09-17-2013 10:43 PM)Fo Shizzle Wrote: I understand from my Dad that BB&T is removing itself from the insurance business. He is waiting to see what happens to his retirement health care benefits.
I find that really hard to belive. Insurance sales provide that company was SOOOOOOO much noninterest income.
Just relaying what he told me. He is 82 and may be misunderstanding what he letter he received meant. I will investigate further.
I used to work for that bank about a decade ago. Maybe they are changing employee/retiree insurance, but I highly doubt they are getting out of the insurance sales business.
RE: Duke Energy Dumps Retiree Health Insurance - THE NC Herd Fan - 09-18-2013 05:13 PM
(09-18-2013 12:03 PM)VA49er Wrote:(09-18-2013 11:34 AM)Fo Shizzle Wrote:(09-18-2013 08:21 AM)VA49er Wrote:(09-17-2013 10:43 PM)Fo Shizzle Wrote: I understand from my Dad that BB&T is removing itself from the insurance business. He is waiting to see what happens to his retirement health care benefits.
I find that really hard to belive. Insurance sales provide that company was SOOOOOOO much noninterest income.
Just relaying what he told me. He is 82 and may be misunderstanding what he letter he received meant. I will investigate further.
I used to work for that bank about a decade ago. Maybe they are changing employee/retiree insurance, but I highly doubt they are getting out of the insurance sales business.
I thought BB&T bought a Business Health Insurance provider several years ago maybe their exiting that business if they are in it.
RE: Duke Energy Dumps Retiree Health Insurance - Fo Shizzle - 09-18-2013 06:23 PM
(09-18-2013 05:13 PM)THE NC Herd Fan Wrote:(09-18-2013 12:03 PM)VA49er Wrote:(09-18-2013 11:34 AM)Fo Shizzle Wrote:(09-18-2013 08:21 AM)VA49er Wrote:(09-17-2013 10:43 PM)Fo Shizzle Wrote: I understand from my Dad that BB&T is removing itself from the insurance business. He is waiting to see what happens to his retirement health care benefits.
I find that really hard to belive. Insurance sales provide that company was SOOOOOOO much noninterest income.
Just relaying what he told me. He is 82 and may be misunderstanding what he letter he received meant. I will investigate further.
I used to work for that bank about a decade ago. Maybe they are changing employee/retiree insurance, but I highly doubt they are getting out of the insurance sales business.
I thought BB&T bought a Business Health Insurance provider several years ago maybe their exiting that business if they are in it.
Ill let yall know what I find out. My mother is adamant that he is getting ready to get f'd in this.
RE: Duke Energy Dumps Retiree Health Insurance - 200yrs2late - 09-18-2013 08:52 PM
I dont know that it necessarily relates to this or to the BBT situation, but NC is soon to be pushing retirees to Medicare Advantage or a 70/30 plan instead of the usual 80/20.
RE: Duke Energy Dumps Retiree Health Insurance - smn1256 - 09-18-2013 09:10 PM
There is no way, and I mean no way, liberals are on board with this except for not making Obama look more like a fool than he already is. Obamacre my ass.
RE: Duke Energy Dumps Retiree Health Insurance - dawgitall - 09-19-2013 11:29 AM
(09-18-2013 08:52 PM)200yrs2late Wrote: I dont know that it necessarily relates to this or to the BBT situation, but NC is soon to be pushing retirees to Medicare Advantage or a 70/30 plan instead of the usual 80/20.
70/30 is the usual plan in the Teachers and State Employees BCBS health insurance plan for current employees and retirees. The 80/20 plan is optional and costs about $22 more each month for an individual, considerably more for a family.