For those who may have to consider this in the next round of layoffs, here are the low, low prices for 2027 under-65 RMAP health insurance plans:
For "retiree" only: $28,152 per year for PPO, $23,952 for HPSP
For "retiree" + spouse, or + 1 child: $59,148 per year for PPO, $50,316 for HPSP
For "retiree" + family: $81,684 per year for PPO, $69,468 for HPSP
Great benefits for low prices!
Don't wait to get terminated. Go on a Ramp Down...get it paid for a year.
@b4+1 Wondering why so many people voted down this post. Even Cisco states it as a fact they only provide access, no subsidy. If you voted it down, why? Otherwise, I have to assume this is just another post being attacked by Cisco HR, voting it down so it attracts less attention.
@ze I meant to say it has gone up 15%+ "per year" for the past 5 years. Yup, it's been brutal.
@nt That all depends if you are eligible for Medicare. If you can get Medicare, you don't need RMAP at all. Not one bit. I'm on the Cisco RMAP plan but my wife has Medicare and a supplement. She pays 80% less than I do for better coverage. I can't wait to get on Medicare.....I'll have $1500+/month back in my pocket.
Yup, it's expensive, and has gone up 15%+ for the last 5 years. I've been on it for almost 10 years.....it hurts, but it's not much different than ACA Gold plans in pricing. I switched to a Bronze ACA subsidized plan for 1 year, and I lost all my doctors plus I couldn't get healthcare out of state. Sure it was super cheap, but it su-ked really bad.
The rmap health insurance is too expensive. You are better off with a medicare supplement gap plan of g, n or high deductible g.
The rmap dental and vision are ok. However, the benefits are limited so you do not get much more than the premium costs. They do seem cheaper than the open market plans. They are a good deal if you are self employed and can deduct them from your taxes.
Would not surprise me to learn that a percentage of each premium goes to the ELT's bonuses.
Also would not be surprised if ELT has a layoff dashboard they can play with that lets them tweak different parameters and see how it affects their bonuses.
Total psychopaths.
If people would learn how to trade the market, instead of buying Teslas, that is just chump change.
Only sign up for vision care for about $25 a month. Then you have a hook in it in case for some strange reason you need it and can sign up in Nov. Then pay cash at your dr appointment (you won’t believe the discount you get), and get catastrophic health insurance. So much less expensive than even Cisco insurance.
Cobra for a family goes up $400 on the PPO starting January so right at $4k a month for the same coverage as when I left. If you are early or mid career you may be in for an rude awakening as far as how long it is before you find something. @as - you are mentally stunted.
Cisco Executives get huge discount on RMAP when they retire. But then they are special.
Cisco DOES NOT subsidize RMAP at all, you pay the full premium, that's why it's so high. They provide access only, your 30 years of service aren't worth a single dime to Cisco.
Also, if you don't take it for a year, it's gone forever, no access. You can keep it on a heartbeat with VSP or dental, but not sure why that would be worth it for unsubsidized insurance.
Prices include health coverage for illegal immigrants.
God bless America.
Holy Sh-t!