Online Life Insurance

Rochester, N.Y.) - Kodak is cutting back on key retiree benefits.

More than 40,000 Kodak retirees received a letter telling them that starting in 2009, company contributions toward health insurance will be cut by one-percent a year for ten years.

Kodak dental coverage will no longer be available starting next year.

Company-paid life insurance is also being eliminated. This affects those who retired on or after October 1, 1991.

Retirees whose health insurance is coverage is cancelled for non-payment will not be allowed to re-enroll.

Kodak indicated the changes are needed to compete with other digital companies that do not offer comparable benefits.

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