This post has nothing to do with Medicare but I am posting it in case people don't read a recent letter IBM sent out about benefits dated October 11, 2019.
There was (notice I say "was") a retiree benefit available to some "older" retirees called "Life Planning". It was a modest program implemented to mostly encourage employees and retirees to stay healthy and also to do financial planning by reimbursing up to $250/year for service fees related to those activities. The recipient had to file a claim every year to get the money.
Buried on page 5 of the October Legal Notice mailing which is mostly about legal notices related to health benefits is a statement of the Life Planning Program termination. When they say terminate, they mean terminate! If you don't file a claim by the end of November 2019 for 2019, you cannot get the $250 benefit. It is terminated as of January 1, 2020.
It's not a big deal, but a little unnerving because IBM can do the same with the HRA program. Take full advantage of your HRA money while you can!
Tuesday, October 22, 2019
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