Tuesday, January 01, 2008
Tribune Co. Retirees New Years Gift
A former Los Angeles Times employee, that is using the Tribune medical for himself and his wife, contacted me this afternoon regarding a sharp increase in medical premiums that went into effect today.
The former employee mentioned he had been paying $1,300 every three months for medical insurance, but today his premiums were increased by $400, bringing his total payment for three months coverage to $1,700.
For retirees on a fixed income this means they will have to adjust their spending habits or even forgo enjoying peace of mind with health insurance down the road.