Spouse Medical Increased a factor of 7.25X

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This topic contains 0 replies, has 1 voice, and was last updated by Allen Bronowicki Allen Bronowicki 1 month ago.

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    Allen Bronowicki
    Allen Bronowicki
    Participant

    When I retired in 2015 we went on a split medical plan, me on Kaiser medicare with reimbursement from Tower Watson, my wife on an NG sponsored plan through Kaiser, since she is under 65. Initially I paid $38 per month for my wife. For 2017 it was raised to $112, a factor of 3X increase. I called NG benefits and asked why and they just said that they could. For 2018 the payment will be $276 per month. An increase of 7.25X or 725% in just 2 years.

    Does anyone else have a similar experience???

    It seems that there is no underlying justification for such a massive increase.

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