I'm using myself as the example but the numbers are relevant to any retiree who uses the Blue Cross insurance.
This is another part of the story that the useless mainstream media won't cover.
1-My Gross pension is $930/mo
Taxes equal 18% or $167 (rounded off). Taxes are paid on the total pension BEFORE the health insurance is taken out
2-That leaves $763.
For me to continue with the last arbitration award (my spouse and myself) will now cost of out pocket $187/mo. That supplies me with 90/10 coverage. I believe the maximum out of pocket is $3000 per person (I could be wrong however. I could also sign up for the 80/20 insurance for $100 less but if I or my spouse actually got sick it would actually end up costing significantly more out of pocket in the end)
3-That leaves $576/mo. or $6,921 a year to live on.
If I actually get sick enough to have to spend that $3000 (and its not that hard to spend lots of money when it comes to Amerika's sick health care system) that would leave me with
4-$3,912 for the year to live on or $326/mo.
We retired thinking that our health care would be paid since that is what was promised.
What has happened to retirees (because we retired after 1992) is that our pensions were stolen by Neil Mcfarlane and his demolition crew.
This affects 900+ retired union employees and the bottom line is this, and its quite simple:
WE WERE DECEIVED
BY THE UNION AND THE COMPANY
(Mcfarlane and his handpicked staff of destroyers will all get nice fat pensions, evil people always seem to be rewarded in the world we live in.)