#benefits

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COBRA Letter

Did anyone else receive a “Continuation Coverage Rights Under COBRA” letter from Synopsys today? It specifies that it’s not a notice of termination, but the timing feels off. It may be related to the acquisition, though given that one of the usual COBRA triggers is loss of employment, the timing could have been handled better.


Healthcare Insurance premiums for 2026.

Healthcare Insurance premiums for 2026.

ACA (Affordable Care Act) Medicaid.

Medicare for (most normal civilian) retirees over 65.

No one knows.

The plight of their future health.

The ACA (Affordable Care Act) Medicaid is (not) free for the Majority that are (actually) enrolled in it..

For many, their ACA Medicaid healthcare premiums will double; starting in 2026.

Many ACA Medicaid participants have Very Serious illnesses like cancer with Very High healthcare, and associated prescription costs.

For (most normal civilian) retirees, once they reach 65; the standard Medicare Part B premium for 2026 will (Increase) to $206.50 per month.

In fact, Medicare premiums for (most normal civilian) retirees Increases every year.

2026 Medicare premiums -

None of this is free (except for Part A much-reduced benefits).

Part A - Payers - $310.00 a month (30-39 work credits) and $563.00 a month (<30 work credits).

Some do the free but with much-reduced benefits.

Part B - Payers - $206.50 per month.

Part D - Prescriptions - $50.00 per month.

Healthcare Insurance premium costs tend to (Increase) every year (no matter the plan) ACA, workplace; Medicaid; Medicare; or private.


Sub-Par Company

The usual old folks in higher up positions, that make all the money at Zebra, said how important it is to work from the office by wanting you to come into the office 3 days a week. As usual, companies like this pull this stuff to force you to quit as their new form of layoffs. While they say that they are profiting and growing, we get no significant raises. In fact, raises at Zebra are MUCH LOWER, than other companies. The higher up postions line their pockets, us regular folk barely get any scraps or a good wage to fight this inflation. They also love outsourcing people at Zebra instead of focusing on Americans. American company that doesn't care about Americans. Sub-par benefits, sub-par bonuses, sub-par raises. They try to convice you to only rely on Google Gemini AI summeries as they are heavly shoveling AI down your throat so you don't think for yourself. AI is just a tool that's not even 100% correct... As usual, consume their propagana that, how those higher ups love to think here. Examples of their mindset below:

  • Corporate BS = good
    come in to the office or else = good
  • Remote work = bad
  • Hire a bunch of overseas people to pay them cheaply and give those people remote work = good
  • Give the worst raises and bonuses = good
  • Hire postions that track every bit of your time AND don't understand your job so they can try fire you = good

How can these higher ups say they care for their employees when they think like this?


COBRA Rates- cheaper than being a FTE?

I'm looking at how COBRA rates are quoted and it almost looks like COBRA rates aren't geographic specific -- nationwide. (?) So they almost look CHEAPER to me (Northern California) than FTE rates. Am I mis-reading or can somebody confirm what I'm seeing?

COBRA rates: https://teamworks.wellsfargo.com/pdf/ABE_2026/RS_COBRA.pdf


How do benefits wind down if your severance ends min-year in 2026?

Like, let's say your severance period ends on June 18, '26.

For MEDICAL, I have to have the date of service by before June 18 to count?

For a FLEX ACCOUNT, I assume there's a certain amount that has been funded by that date and then I have to have the expense incurred by that date? And how long do I have to get reimbursment?

For WELLNESS DOLLARS- I just have to do the activities by June 18?

I've found that benefits information / support is lacking for severed employees. The annual enrollment is by phone only (no online apparently) and there's nothing written that describes the specifics for how the final partial-year benefits work. Yeah I'm going to call but some of you have may have some interesting tidbits that my phone call won't uncover.


Open enrollment a benefit?

It’s curious how benefit solutions keeps calling this a vital benefit but meanwhile, they probably wish most of us gone or d.ead.
And the cost of this stuff just went up 6%. That’s nearly 4 times more than the rate my salary went up. Benefits are supposed to be beneficial. All I do is get poorer here.


Health insurance after resignation?

I accepted relocation rather than the minuscule severance (only 4 years of service). In the (hypothetical) situation where I may have accepted relocation under false pretenses in order to guarantee my bonus and a few extra months of paychecks, would my health benefits end on my last day of work (after resignation, 2 weeks notice) or until the end of the month?


Insult to Injury with 401k with Elevance Health

So, after getting the RIF, if you've been there less than 2 years, you will not be fully vested in the 401K program; if you've been there less than 3 years, you won't see the additional 4% so all that money you thought you were getting according to your Fidelity account is a complete joke.

Your account will show a "forfeiture" for the matched amount. I think some of this RIF mess is to avoid having to match folks' retirement contributions they tout so highly as a "benefit."


Increase to ELV COBRA Payments?

Has anyone heard what premium increases will be applied to the Elevance Health (formerly Anthem) COBRA insurance for past employees (i.e., RIF'd)?

Elevance Health COBRA insurance is administered either by a third-party administrator (TPA) hired by the employer or by the employer's internal HR department. Anthem offers both COBRA (continuation of group health benefits) and benefits administration solutions, though it often partners with third-party administrators like Benefit Admin Solutions or Benefit Help Solutions to manage the administrative details of COBRA.


24 Seven PBE please read

If you are a PBE freelancer on 24 Seven PLEASE reach out to them if you were laid off or are anticipating being let go. They told me to send them my personal email just in case I get locked out and my resume since they are a staffing agency.

You should also ask their HR about unemployment so you have it in writing you are eligible!! You technically do NOT work for Paramount or MTV you are a w2 employee for 24seven.

if you also are on their health insurance and get laid off you will lose benefits the end of that week but are able to continue with their premium plan plus a 2% agency fee.

I spoke over the phone with them directly because I found out we don't actually have deal memos stating our day rates/contracts which is very alarming and probably illegal and raised red flags about unemployment benefits. So every time your "contract" was up it was just to extend your email access and was made to seem like that was your real contract but it was not.

get everything in writing through email and take screenshots so you can protect yourselves!

HR@24seveninc.com
benefits@24seveninc.com


Life insurance after Jan 3

Can the laid off employee “convert”/ buy the same coverage directly from insurance company that Target was using? Has anyone done this in previous layoffs? The advantage would be no medical test or other hassles and a plan that should be reasonable


When Did You Retire

Per the title, if you have or are in the process of retiring from Fidelity and meet the rule of 70, what date did you pick and why? I know to receive your profit sharing and RHR contributions, you need to be an employee as of 12/31. If you have shares and/or bonus eligible, it would likely be pro-rated for every other full quarter. So many retire in the spring and I don’t know if I’m missing something or did you just want warmer weather? 😊 TIA


Union Sloths

Are out there trying to equalize any negative commentary.
Just one question: WHY would/does a union withhold pertinent contract information that negatively affects the same personnel they claim to be fighting for? This is what all the less tenured members are asking u die hard union folk now... you have let the union run amuck, sell you on a small incentive while throttling down 2 others? And then want to blame it on whiny b***hes for calling out the watered down benefits that are nowhere near what the original union contract started with...