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"At 65 EVERY employee goes into Medicare. Some get Plan 65. Which does supplement Medicare. I do remember seeing this cost during the Health care consultants presentation. It’s not very expensive."
Why then is the OPEB unfunded liability $350,000,000?
City - Retiree Healthcare Cost
Annual Premiums Pre 65 Single plan
Classic Blue $9,548.04
Healthmate Coast to Coast $7,891.80
Dental $331.08
Family
Annual Premiums Pre 65
Classic Blue $23,404.92
Healthmate Coast to Coast $19,303.08
Dental $1,056.48
Annual Premiums Post 65 Single
Blue Cross Plan 65 $2,118.00
Blue Chip for Medicare $3,024.00
Annual Premiums Post 65 Family
Blue Cross Plan 65 $4,236.00
Blue Chip for Medicare $6,048.00
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