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In 2002, I received the information from the company about the “caps” on the annual premiums for Kellogg salaried retirees — where do we stand on reaching those caps?

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In 2002, I received the information from the company about the “caps” on the annual premiums for Kellogg salaried retirees — where do we stand on reaching those caps?

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10

Despite rising health care costs, Kellogg’s annual cost to provide medical coverage for each salaried retiree is still well below the annual premium caps that have been set. (The premium cap is the annual limit that Kellogg will pay for your retiree heatlh care coverage.) Details are provided in an October 1,2003 letter sent to those retirees affected by caps. Premium caps were established last year for employees from Kellogg heritage locations who retired between April 1, 1990, and March 31, 2002. Retirees from Keebler heritage locations and retirees from Kellogg heritage locations who retired after March 31, 2002, are subject to different premium caps. Back to Top I’ve been reading in the media that prescription drugs imported from other countries may provide cost savings over those produced in the U.S. Is Kellogg looking at the use of imported drugs to lower our prescription drug costs? Though imported prescription drugs may represent cost savings over drugs produced in the U.S., th

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