Why did GE cap the contribution tiers at $150K, when more dollars could be recouped from higher paid retirees?
A. We considered many factors, both internal and external, when establishing the overall suite of GE Health Choice plan features. Payroll deduction, deductible, and coinsurance maximum levels are tiered based on either family size, annual salary level, or plan choice, with the result being that higher compensated retirees pay more for the GE Health Choice plans. We feel that the rate tables represent a fair level of retiree cost sharing across all salary tiers, including the $150K level.