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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
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Separation Medical Benefits (Not Retiree Medical Benefits)
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<p>[QUOTE="anonymous, post: 6465825"]Has anyone taken advantage of or familiar with JNJ's separation medical plan? </p><p><br /></p><p>It is a plan for employees with 10 years of service and are separated by the company between ages 50-54. My understanding is it is pretty good and doesn't have as many benefits as full retiree medical (which is available to employees with 10 years of service and who leave at age 55 or older).</p><p><br /></p><p>I was told that when you become medicare eligible separation medical benefits go away. I have 20+ years with JNJ but the environment is volatile and want to know if I'm let go what my healthcare options will be because if I'm let go before age 55 I'm not going back to the corporate world, I'll become a self employed consultant.</p><p><br /></p><p>Thank you for any insight.[/QUOTE]</p><p><br /></p>
[QUOTE="anonymous, post: 6465825"]Has anyone taken advantage of or familiar with JNJ's separation medical plan? It is a plan for employees with 10 years of service and are separated by the company between ages 50-54. My understanding is it is pretty good and doesn't have as many benefits as full retiree medical (which is available to employees with 10 years of service and who leave at age 55 or older). I was told that when you become medicare eligible separation medical benefits go away. I have 20+ years with JNJ but the environment is volatile and want to know if I'm let go what my healthcare options will be because if I'm let go before age 55 I'm not going back to the corporate world, I'll become a self employed consultant. Thank you for any insight.[/QUOTE]
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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Pharma/Biotech Companies
>
Johnson & Johnson
>
Separation Medical Benefits (Not Retiree Medical Benefits)
>
Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Pharma/Biotech Companies
>
Johnson & Johnson
>
Separation Medical Benefits (Not Retiree Medical Benefits)
>