Does Lucent plan to keep lowering the salary cap until no dependent receives a subsidy for healthcare benefits?
We anticipate making other changes in 2005 and beyond, but we cannot be more specific at this point since they will depend on the healthcare legislative climate and practices in general, as well as the economic health of the company. • Have the healthcare benefits of Lucent’s officers’ dependents been suspended in a similar way to what is being done to dependents of some management retirees? All of our management employees have the same healthcare benefits, regardless of their level. We have already made a number of benefit changes for active management employees. They already pay the same co-pays as retirees and will be affected by the same plan design changes that affect retirees, including changes that impact emergency room co-pays and deductibles and the drug plan. Active management employees already elect and pay for dental benefits separately. However, we are not eliminating subsidies for active management employees’ dependents because we need to keep our benefits competitive wit
