Healthy Directions

Retiree Health Care Benefit Plan Changes

How These Changes Affect Active Employees

As you know, John Deere recently announced changes to the way retiree health care benefits are delivered. Active U.S. salaried employees who are eligible for company-subsidized health care in retirement (generally, those hired prior to 1 April 2000*) will be participating in the two new retiree programs upon their retirement. Detailed information about the two programs is available on the Healthy Directions for Retirees Web site below.

If you're unsure of whether or not you are a subsidized employee, you may view the Summary Plan Description.

These changes were made to leverage changes in the external market and to help sustain the health care benefits delivery to our retirees, while at the same time help control rapidly rising health care costs.


Retiree Health Care Benefit Plan Changes

Two new programs are now available to U.S. Flex salaried and wage retirees with salaried benefits. Healthy Directions for Early Retirees (retirees and spouses not eligible for Medicare) is the same benefit plan as active salaried employees. Subsidized Flex** Retirees who enrolled in CarePlus or CarePlusMAX now have company contributions to a Health Savings Account.

Healthy Directions for Medicare Retirees (retirees and spouses eligible for Medicare) is the newly designed program offering quality Medicare Advantage options, along with the services of a Personal Benefits Specialist. There are also company-provided Retiree Medical Credits to help reimburse premiums and other out-of-pocket costs.

NOTE: The information contained in the Healthy Directions for Retirees Web site applies to U.S. Flex salaried and wage retirees with company-subsidized retirement health benefits, their eligible spouses, surviving spouses, and dependents.

 

View the announcement letter for U.S. employees with subsidized health care in retirement (dated 17 September)

 

*Please refer to the Summary Plan Description (SPD) for provisions and exclusions.

**Flex retirees are those in Flex salaried plans retired on or after 1 July 93, that have company-subsidized retirement health care. In the case of John Deere Credit or Health Care (units 79, 9A and 9F) Flex retirees are those who retired on or after 1 January 94. In the case of John Deere Insurance (units 81, 82 or 9E) Flex retirees are those who retired on or after 1 January 95.