The government trying to tell the insurance industry how to run their business is what has caused this. Adding more government is a really bad idea.
: Single. Payer. System.
: --Previous Message--
: I just got off the phone with a TRS rep.
: single TRS health coverage (I am retired)
: will be $200 a month BUT (and this is a big
: butt), the deductible is $6000. For myself
: and my wife (who did not retire using TRS),
: the rate is $739 (or close to that)a month
: with a GET THIS: $13,000 (yes, that is a
: thirteen with three zero’s) deductible. The
: rep told me they went into the red last
: year, the “state” bailed them out, and to
: avoid going into the red again, these are
: the new rates (at least for retired
: teachers). I don’t know what kind of
: horrible news is in store for those still
: slaving away in the classroom.
: If TRS were entered in a band contest, they
: would receive a RTR---refuse to rate!!!