A Picture Worth Four Billion Words

While consumer demand for the services provided on Verizon's networks has never been higher, there are some areas – like home landlines – that are declining as more consumers use other platforms, such as text, social networks, and wireless, to communicate. Verizon spends nearly $4 billion a year providing health care for its employees, their families and our retirees. While it makes me proud that my company is willing to spend so much on this important benefit, addressing the growth of these costs cannot be ignored. That is one reason why Verizon East union-represented Wireline employees’ contribution toward their monthly premiums (currently zero) is a focus in our current discussion with our unions.