Duke Energy Stops Insuring Retirees - WSPA.com

Duke Energy Stops Insuring Retirees

Posted: Updated:
Duke Energy says they will no longer insure retirees. Duke Energy says they will no longer insure retirees.
RALEIGH, N.C. -

Duke Energy says they are joining a list of corporations scrapping long held practices of providing retirees with health insurance and giving former workers a fixed amount to buy their own supplement to Medicare coverage.

The News and Observer of Raleigh reports the electric company last week began notifying about 14,500 retirees of Duke Energy and predecessors or subsidiaries in North Carolina, South Carolina, Florida, Ohio, Indiana and Kentucky.

The changes apply to all Duke retirees except union members in Florida.

Duke Energy plans to release details later, but they say retirees won't get the company's stipend unless they buy coverage from UnitedHealthcare for policies that take effect in January.

  • Top StoriesTop StoriesMore>>

  • Foul Play Suspected In Union Missing Person Investigation

    Foul Play Suspected In Union Missing Person Investigation

    Wednesday, April 16 2014 3:31 AM EDT2014-04-16 07:31:41 GMT
    Officers roped off the scene on Union BlvdOfficers roped off the scene on Union Blvd
    City of Union Public Safety investigators were at the scene of a home on Union Blvd Tuesday night investigating a missing person case.
    City of Union Public Safety investigators were at the scene of a home on Union Blvd Tuesday night investigating a missing person case.
  • Bass Pro Shops Considering Spartanburg Co., Sources Tell Paper

    Bass Pro Shops Considering Spartanburg Co., Sources Tell Paper

    Tuesday, April 15 2014 10:30 PM EDT2014-04-16 02:30:59 GMT
    Sources tell our coverage partners at the Spartanburg Herald Journal, Bass Pro Shops is considering building near the BMW facility at the intersection of Highway 101 and Interstate 85.
    Sources tell our coverage partners at the Spartanburg Herald Journal, Bass Pro Shops is considering building near the BMW facility at the intersection of Highway 101 and Interstate 85.
  • 11 Upstate High Schools Among Nations "Most Challenging"

    11 Upstate High Schools Among Nations "Most Challenging"

    Tuesday, April 15 2014 10:03 PM EDT2014-04-16 02:03:25 GMT
    A new ranking released Tuesday by the Washington Post lists 11 local high schools as some of the nation's most challenging. A new ranking released Tuesday by the Washington Post lists 11 local high schools as some of the nation's most challenging.
    A new ranking released Tuesday by the Washington Post lists 11 local high schools as some of the nation's most challenging. Schools are measured by how well they prepare their students for college level work. 8 Greenville County schools made the list. Greenville's Southside High School earned the number 2 spot in the state and 189 on a national list of more than 2000. 2 Spartanburg County schools also made the list....
    A new ranking released Tuesday by the Washington Post lists 11 local high schools as some of the nation's most challenging. Schools are measured by how well they prepare their students for college level work. 8 Greenville County schools made the list. Greenville's Southside High School earned the number 2 spot in the state and 189 on a national list of more than 2000. 2 Spartanburg County schools also made the list....
Powered by WorldNow

250 International Dr.
Spartanburg, S.C. 29303

Telephone: 864.576.7777
Fax: 864.587.5430
Email: webmaster@wspa.com

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.