Excepts from The Dallas Morning News article
American Airlines to end health plan for non-union retirees
12:00 AM CDT on Wednesday, September 23, 2009
By TERRY MAXON tmaxon@dallasnews.com
American Airlines Inc. has notified its non-union retirees that the carrier will no longer pay for health insurance coverage for retirees past age 65.
The health plan, which ends Dec. 31, covers retired company officers, managers, specialists and support staff as a supplement to the Medicare program.
Unions representing pilots, flight attendants and other American employees have contracts that provide for company-funded retiree medical insurance.
The airline established the program for non-union employees in 1990 to shift some costs away from the carrier and onto employees.
Latham said that under its benefit programs, American had the right to make changes at its discretion.
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Phil's comment: Even though American retirees are losing "their insurance" they still have their primary Medicare coverage which is A PUBLIC OPTION. By adding a medicare supplement plan such as Supplement F they will still have 100% no deduction coverage
Thursday, September 24, 2009
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