AT&T Provides Some Info for 2024 Benefit Plan Rollout

AT&T Provides Some Info for 2024 Benefit Plan Rollout

AT&T will kick off mailing information about the 2024 changes in the next couple of months (late second quarter). This first mailing will include details on the coverages and plan designs available. In the third quarter, we will share the dates and locations for in-person meetings to review the 2024 changes.

Additionally, the balances remaining in an individual’s HRA will still be available to use for qualifying expenses, and more information will be forthcoming on that process, including details like availability of Catastrophic RX reimbursement.  

One feature of the AT&T Group Medicare Advantage Plan is an overall Rx Out-of-pocket Maximum that functions very similar to the Catastrophic Rx coverage available today within the Health Reimbursement Account.

For retirees who would prefer to stay in a Medigap plan for 2024, because there is no HRA credit for 2024 coverage, there will be NO   requirement that they enroll through the Alight Retiree Health Exchange for 2024 plan coverages.  That said, the Alight Retiree Health Exchange will still be available to individuals to continue in their existing plans or to change plans, if they like.