Notice to Medicare-eligible retirees
Boeing has recently informed SPEEA that Aetna has determined there were material legislative, regulatory and/or funding changes that warrant a premium for the Boeing/Aetna Medicare Advantage Plan in 2026.
Starting January 2026, the cost per person per month will be $58.91
The ability for Aetna to implement a premium is covered in paragraphs two and three of the Letter of Understanding (LOU) signed between Boeing and SPEEA. The LOU is available here.
Excerpt from the LOU:
“Unless there are material Medicare Advantage funding, legislative, regulatory, CMS enforcement actions or enrollment changes, as determined by Aetna, this new plan will be offered in the form presented to SPEEA in July of 2023 (attached) with a $0 premium for five years, from 2024 through 2028.
If, during the first 5 years, there are material modifications that result in a modification to the plan benefits, the introduction of premiums, and/or replacement of the plan with another Medicare plan, eligible SPEEA-represented enrollees will be offered the exact same plan with the exact same premiums as offered to the Boeing non-union population.”