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Hell, my company encouraged retirement by promising medical coverage, then one year later pulled the coverage on those who took the deal.
by madengr 10y ago
Hell, my company encouraged retirement by promising medical coverage, then one year later pulled the coverage on those who took the deal.
- SamUK96 10y agoThat's actually evil... I find that the withdrawing of medical programs by a company is a pretty reliable indicator that it'll fold in a few years, since it's a common "exit-strategy" to earn a few last bucks before the up-top rats jump ship. Been at two companies who were thriving, and both after only a few months stopped their medical insurance. After that, dozens of people left over 1-2 years, and the company was massively haemorrhaging money due to customer dissatisfaction. False economy.
- madengr 10y agoHell, a guy a fence with had surgery, then came to find out he had no health insurance as the company stopped paying the premiums and was POCKETING them, including his contribution. Several years later he finally recovered some of the medical costs in a lawsuit.
- jlebrech 10y agoeverytime i've been offered a company pension somehow months later we were all being laid off. I think i might be some way of making a quick buck. i'm not sure how. maybe up front commission.