Retiree here who lost all subsidies. Premiums on individual marketplace plans set to spike. Mercer says employer based premiums set to rise 10% for 2026. Will this huge spike lead to more job losses at the company or will benefits be reduced even more ? Got to believe it will lead to more layoffs for those over age 50 and a combination of benefit cuts and price hikes this Fall. Many companies are laying off already because of this and higher interest rates. GLP-1 dr-gs are killing the system leading to bat schit crazy panic setting in with CFOs. 50% of all costs go to overhead w/insurance companies who pay C-Suite Execs millions. Something needs to be done.
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The most egregious crime MoA committed against its employees was the elimination of the retiree health plan subsidy. Loyal workers were promised for 20, 30, 40 years and more that if they stuck around till retirement, the company would take care of them. Then Festog and Greed decided to plunder the company and say eff-you to everyone. They are sc-m and deserve to suffer.