Yes, but you have to sign-up for pre-65 Chevron Retiree Health and Medical - you have a window to do that, so, dont be lazy about it. Once you reach 65 you will morph to the post-65 Health and Medical which is Medicare plus Supplemental Insurance through Via Benefits. Chevron will reimburse you for your Supplemental costs but its maxed out at ~$95/mo., assuming you have all 90 points.
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Well done mate on your retirement go fishing with a beer and watch the sunsets, I'm happy for you !!
@1ntz hats off, triggered half of the oil patch there 😂
Everyone in my dept retires on around $150-175 a week. You can do a lot worse than that.
Yes. don't feed the trolls. They're easy to spot, most non-CVX employees to begin with, or won't be shortly.
$150 bucks@3ntn ? Man thy sure shortchanged you, dude. Speak for yourself only.
Why don’t you just retire gracefully with your 150 bucks a week and don’t get just be a couch potato in retirement
@1ntz, so they can leave your pathetic useless whining millennial A$$ with the bill? Be careful what you wish for. Those who came before you worked hard and paid their dues, many still do. That you don't realize it is not their problem, it's yours.
What’s wrong with you @1ntz? Do you plan to work for Chevron forever, maybe hold back time? You'll be thinking differently when retirement approaches, kiddo.
Yep, good thing we don’t have universal healthcare. This way with employees being indentured servers aka serfs is much better because, muuuuh taxes.
Thankfully the Fox News brain washed olds will be dead soon enough.
Decent Health insurance is expensive, whether you or Chevron is paying for it. The only difference is your employee benefits are discontinued and retiree benefits start. Retiree insurance benefits are minimal, but if retiree benefits were comparable to employee benefits we all would be making less. There's no other way the math works out. There is a method to the madness, whether you like it or not. Lower paying government positions get better retiree insurance, for instance.
Yes, OP, you can get on the Chevron Medical Plan after retiring. After you EOI or get laid off, Chevron will keep you on the Chevron Medical Plan for 6 months through COBRA. Nothing will change in your current coverage limits or your accustomed monthly premiums. When COBRA ends, you can join any healthcare insurance plan, including the Chevron Medical Plan. You will join the Pre-65 Retiree plan, which is expensive. Once you and your spouse turn 65, the Chevron Medical Plan will convert to a post-65 Chevron Medicare Advantage Plan. The premiums will be more affordable then.
What would be premiums for HDHP plan if someone has 75 points?
For me it was $12k/yr. YMMV.
“Depending on your points it is expensive”... no, in reality it is always expensive. $16k/yr for ex-employee and spouse... the “points” only reduce that by about 2k. You only have a few years until you can start on the governments health plan (Medicare).
You would be on the pre65 retiement medical. Depending on your points it is expensive.
You will not fall sick since you are out of Chevron. No need of medical insurance 😀
Yes indeed. Just sign on the dotted line!
OP: You can't possibly be that ignorant...
Depends on your BMI (body mass index).
You have three options, read info on the website.