From Ryan Holderman, May 21, 2008
Subject: What to expect.
Ohio's teachers are facing a crisis in health care expenses when they retire. While employed, most teachers enjoy excellent health care coverage at minimal cost due to the provisions of negotiated contracts with their school system.
Upon retirement the cost of health care increases significantly particularly for those who have not yet reached age 65.
The following information is based on 2008 MONTHLY premiums for coverage available to retirees in our area of Ohio:
Medical Mutual Basic Plan (all are based on 30 years of service)
Aetna Basic Plan:
Medical Mutual PPO:
It is estimated that health care costs for 2009 will increase 13%.
All teachers nearing retirement need to be aware of the financial burden they will face for health care upon retirement.
Active and retired teachers need to unite and actively lobby for the passage of Ohio House Bill 315!
PS: Please pass this information on to your colleagues!