COMARA News Dec 13, 2009

From the "Benefits Desk" - Prescription drug coverage
Provided by Jack Hannon

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CALL FOR ACTION - For those currently receiving prescription drug
coverage through the Lockheed Martin medical plans. Call, write or
e-mail your two U.S. Senators and tell them that you support the
continuation of the $600 annual tax credit per employee to employers who
offer prescription drug benefits to their retirees, thereby preserving
the system where some seven million retirees have their drug costs
covered by private plans at lower cost to the federal government than
if they were all in Medicare Plan D.

An article by Tom Scully, former COMSAT Government Affairs staffer, in
the Wall Street Journal on Friday, December 4, indicates that this
"subsidy" is threatened by a possible amendment to the health care
reform bill in the Senate. You will recall that Lockheed Martin sends
all those participating in a retiree medical plan an annual letter
stating that the prescription drug coverage offered by the company
provides "comparable coverage" as compared to the Medicare Plan D
program. However, I am of the opinion that the Lockheed plan is
substantially better than the Medicare Plan D plan, and well worth
fighting for.

Read the rest of Jack Hannon's discussion in the Benefits section of
the COMARA web site: www.comara.org
Jack also provides links to your senator and congressman.

See the Scully article at Wall Street Journal -
"Medicare Part D 'Reforms' Will Harm Seniors"
WSJ-Scully article

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COMARA - PO Box 34594 - Bethesda, MD 20827
Website: www.comara.org