I have a question about one of the articles. In the Willamette Week piece, they mentioned a retiree that is now paying three times his previous cost for health premiums, from $300 to over $900 per month.
Can someone please explain, without too much emotion, how this works. Are retirees now having to purchase their own health care insurance due to the strike?
Here is how it works, the company pays the trust in washington an amount per active employee per month($58)so that the retired employees have access to buy the insurance at a set price. if you go to the jc28.org site it is something like $359 per person for early retirement insurance or 128 per person for medicare supplimental insurance. so a husband and wife would would still have to pay $718 per month for the rwt-plus coverage. there was 52 employees in washington in that plan most of which were on the supplimental plan.
the oregon plan is similar however instead of having a seperate premium to pay the retiree amount was added to the monthly healthcare premium for each active member in oregon. 19 employees participated in that plan. (there is a list of the employees, without identification, as part the the last best and final proposall).
When the strike occured and the company stopped paying into the trust the retirees were then required to pay a higher, "orphaned" rate. for the majority of the participants which are on the supplimental plan, the monthly increase is $58 per month, some however had to pay much higher amounts. the list in the LBF shows how much they would have to pay, for example the highest were $718 to $1384 in wa or $450 to $942.39 in OR. most were $123 -$181.
The strike has caused them a hardship, however it is untrue to state that the company cut them off as most of the press releases state.
I know that some of the retirees I know have found similar plans for less money that is why less than half of our retirees are participating in the rwt-plus.
Oak Harbor put in over $1 million in 4 years into the plan for 71 people to have the right to buy insurance. In the last best and final the offer was 2 options, 1. the company would stop paying into the trust and cover the increase in premium for the current retirees and 1 year of new retirees for 2 years and give the employees .35 in wage increase. or 2. give the employees .35 in wage increase and they can contribute that to the trust to keep the program intact. the .35 would not cover the increases in the future, however it would continue the program just as it is now.
everything i have said is verifable in the Last best and final, (the real one) and on the jc28 site in the retiree healtcare section.