* Posts by jtpenny

1 publicly visible post • joined 16 Oct 2023

IBM health benefits blackout leaves retirees footing the bill

jtpenny

I am a retired IBM retiree who worked with IBM for over 39 years. In 2022 when IBM was figuring out who went on which plan, 1, 2, 3, I was put on the 3rd plan, that being the plan where United HealthCare was managing my health coverage with the Medicare Advantage United Healthcare with $1200.00 in an account for copays, etc.

Yesterday, I received a letter from my hospital.physican care(UNC Healthcare notifying me that the status of my insurance with them was suspect at this time because United Healthcare was not agreeing to the negotiated prices and there was no end in site(their words). I have not heard anything from United Healthcare or IBM relative to this huge exposure. I think they are trying to keep things quiet,

During 2023, I have txfrd all my physicans over to UNC Healthcare to keep things simple and where all my doctors can see all my records. Now, I am exposed to not having doctor care in 2024.