Wednesday, June 19, 2024

SECU Board Nominating Committee... Choosing The Future On Your Behalf!

https://www.logolynx.com/images/logolynx/88/880ed70ca5c21dd6e0312f5f61cca28b.jpeg  Is the Who, Who? 

                   Hush, Hush?

 

 

 

Navigation of the new website is not always intuitive. Important information can be difficult to find... so may have just missed it!

But who has the Chairman appointed to the SECU Board Nominating Committee for 2024?

... Shouldn't be a "no know", should it?

 

 

 

Tuesday, June 18, 2024

Why Capping Retiree Healh Care Coverage Doesn't Match Economic Reality...

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🚫 Key health plan cost trend findings for 2023/2024

             [2023 Segal Health Plan Cost Trend Survey]

  • The projected annual cost trend for outpatient prescription drugs is expected to be approaching double-digit levels, the highest rate observed since 2015.
  • Double-digit specialty Rx cost trend, mostly driven by price increases and new-to-market specialty drugs, continues to be a major driver of Rx cost trends.
  • Survey respondents project per-person cost trends for open-access PPO/POS plans to be up 7.4 percent.
  • Provider price increases are still the primary driver for hospital, physician and Rx trends.

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✅ Definition:  To short-change.

👉 To treat someone unfairly by giving them less than they deserve;

👉 To give someone back less money than they are owed when they are buying something from you.
 
😎 While it appears that SECU retirees are being kicked to the curb...
 
... remember all current employees - especially those approaching retirement - will also get the shaft receive this same benefit cap!