IBM plan stresses preventive health care.
Provisions of the new plan include:
* A $200 a year personal health account to help employees pay for prenatal tests, immunizations, infant care, eye glasses, and other services not covered by the health insurance. Costs are reimbused at 80 percent, meaning that the costs must total $250 in a year before the employee receives the full $200.
* Cost controls requiring employees to now pay 40 percent of the first day's charge for use of a hospital room and 20 percent of the cost of elective surgery performed without a second opinion. Also, the $150 annual deductible, which previously applied to all employees, was raised to 0.3 percent of annual salary for those earning more than $50,000 a year.
In other changes, health insurance was extended to provide full coverage of up to 50 home care visits by licensed professionals and reimbursement for birthing center services. Dental care rates will now vary according to the cost of living in the region where the employee resides, lifetime coverage was raised to $7,500 per person, from $5,000, and the maximum benefits for orthodontics was raised to $1,100, from $900.
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|Publication:||Monthly Labor Review|
|Date:||Mar 1, 1985|
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