- Retired players with between three and six years of NBA service time, but who are not yet eligible for Medicare, would be offered a plan that includes medical, hospital and prescription drug coverage with modest out-of-pocket costs for deductibles and co-pays.
- Those with between seven and nine years of service would be offered the same coverage with even lower out-of-pocket costs.
- Retired players with at least 10 years of service would be offered the same coverage as the seven-to-nine-year players, and would include coverage for their entire family.
- Retired players with three to nine years of service who are eligible for Medicare would be offered a $0 deductible and $0 co-pay plan along with a low-cost prescription drug plan; those with 10+ years of service to receive this coverage for themselves and their spouse.
Phil Albinus
Former executive editor
Phil Albinus is a former executive editor of Employee Benefit Adviser and Employee Benefit News.
