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current ups health ins. may move to union ins??
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<blockquote data-quote="barnyard" data-source="post: 1113809" data-attributes="member: 13921"><p>You need to reread that statement.</p><p></p><p>Hall said, "If the current proposal is on the table March 31, we are walking away till it is pulled off the table."</p><p></p><p>UPS pulled the proposal on Monday.</p><p></p><p>re read the above until you understand it.</p><p></p><p>The current proposal for the Teamsters to take over the healthplan was 1 of the 3 proposals Hall and the Teamsters made last week. UPS chose this one and the Teamsters have to go over the plan they proposed and figure out how much it will cost, so they know what UPS will have to pay. This is all going to be a guess based on past practice.</p><p></p><p>The problem with that is that no one knows how much health care costs are going to go up in the next 5-7 years (length of contract has yet to be made public. I am betting 7.)</p><p></p><p>My prediction, made in another post, is that the Teamsters will take over healthcare, costs will go up and within 2 years, members will be told that we have to pay something to maintain coverage. Either through a monthly premium or higher copays or something.</p><p></p><p>Bottom line for UPS and shareholders is that they will have a known liability on their books, not a nebulous "you pay the health insurance bill, whatever that is."</p><p></p><p>I am thinking the contract will be done before tax day. Probably within 3 days of sitting back down.</p></blockquote><p></p>
[QUOTE="barnyard, post: 1113809, member: 13921"] You need to reread that statement. Hall said, "If the current proposal is on the table March 31, we are walking away till it is pulled off the table." UPS pulled the proposal on Monday. re read the above until you understand it. The current proposal for the Teamsters to take over the healthplan was 1 of the 3 proposals Hall and the Teamsters made last week. UPS chose this one and the Teamsters have to go over the plan they proposed and figure out how much it will cost, so they know what UPS will have to pay. This is all going to be a guess based on past practice. The problem with that is that no one knows how much health care costs are going to go up in the next 5-7 years (length of contract has yet to be made public. I am betting 7.) My prediction, made in another post, is that the Teamsters will take over healthcare, costs will go up and within 2 years, members will be told that we have to pay something to maintain coverage. Either through a monthly premium or higher copays or something. Bottom line for UPS and shareholders is that they will have a known liability on their books, not a nebulous "you pay the health insurance bill, whatever that is." I am thinking the contract will be done before tax day. Probably within 3 days of sitting back down. [/QUOTE]
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current ups health ins. may move to union ins??
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