November 7, 2014 – Just the facts. Why choose the Aon Retiree Health Exchange?
Why is AT&T moving its retirees to the Aon Retiree Health Exchange? AT&T has been following and researching private exchanges for years. By leveraging our size and scale, we’ve historically been able to negotiate group pricing that’s very attractive and represented a good value to our retirees. Today, private exchanges do a great job of providing options for coverage as well as additional support for our retirees, in addition to offering very competitive prices for coverage. They allow retirees to have more choice at better prices than AT&T can offer through our group plans—and that’s along with valued guidance to help retirees make the right choices.
Many other companies have already adopted this approach, more often than not with no subsidy. AT&T is continuing to share in the cost of retiree health care expenses in 2015 through a tax-free Health Reimbursement Account for those who are eligible.
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