Re: Lifetime Health Insurance -- Abay Forum

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Date Posted: Wednesday, February 20, 11:26:29pm
Author: Anonymous
Subject: Re: Lifetime Health Insurance

You need to use accurate numbers and facts here sir, Correct me if I am wrong but if the elected or appointed official retires or does not get re-elected before they are 65 years old then they get(Local Law #2) health insurance for them and their spouse and or family depending what plan they are on for the two years prior to their retirement or leaving. Consequently if you have been there for 20 yrs and leave for whatever reason you could get a family plan valued at $26,500. per year or if it's just one person and their spouse the value of the benefit received is $19,500. per year. Yes they would pay a (measilly)copay of 15% per year of the above premiums. Still huge costs to the town!
P.S.: In the very near future ALEXANDRIA will have 6 (SIX) new elected or appointed officials(add them up) taking advantage of Local Law # 2. Fiquring two person plans after copay that would be an additional cost to the town of $98,537. per year. Those premiums are predicted to go up about 10% per year or almost a $10,000. per year increase. That converts to alot of tax dollars.
P. S. II: Correction II= The $26,000. family plan you talk about is not for just working teamsters but all town employees getting family coverage.

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