AT&T Cancels Retiree Health Insurance

Thousands of AT&T retiree's have been notified their company provided health insurance plan is ending as

of 12/31/2014. The existing retiree plan will be replaced with an HRA (health reimbursement arrangement) for QUALIFIED purchases only.

AT&T has hired Aon consulting to coordinate the termination of the "old" plan and help retiree's move forward with their new options.

AT&T retirees must schedule a phone interview with an Aon representative during the months of October and November. The phone consultation will allow the rep to read from a prepared script and review options illustrated on their computer screen.

Retiree's are free to ask questions and hope for an answer.

The HRA money is currently $2700 for the retiree plus an additional $1500 for their qualified spouse. This is your 2015 deposit. AT&T literature indicates future contributions are not guaranteed.

There are strings attached to the money.

Funds will be deposited into your account ONLY IF the retiree (and/or qualified spouse) purchase at least ONE of the following via the Aon representative.

You may choose a Medicare Advantage plan, Medicare supplement or Part D prescription drug plan. If you do not complete a qualified purchase from Aon you will not have access to the HRA money.

More details provided here ........