On Mon, 11 Apr 2016 11:13:21 -0400, Ed Pawlowski > wrote:

>On 4/11/2016 10:56 AM, Janet B wrote:
>
>> You need to be fair about the company insurance plan. Companies have
>> been striving for decades toward no insurance plans for employees and
>> retirees. You can bet there was a lot of whooping and hollering in
>> board rooms across the country when they had an excuse to drop
>> beneficiaries. IMO, retirees have no right to insurance benefits from
>> a company that no longer employs them.
>> Janet US
>>
>
>They do not have a "right", but like other benefits, it is just part of
>the compensation plan. An expensive one getting more expensive as
>people live longer.
>
>I know of one person that took an offered early retirement from his
>company about 12 years ago. Part of the deal was insurance for life. He
>has no idea where he stands in the future as the company in in
>bankruptcy proceeding and will have a new owner.
>
>Nice benefit, but not always sustainable.

He's SOL.
Janet US