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UPS Union Issues
Does UPS shafting of it's managment healthcare make U accept they want to get us too?
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<blockquote data-quote="Bagels" data-source="post: 1190777" data-attributes="member: 43436"><p><strong>Re: Does UPS shafting of it's managment healthcare make U accept they want to get us</strong></p><p></p><p></p><p></p><p>I'll try to explain this one more time: UPS makes a finite contribution, as set forth by the CBA, for health & welfare funding. The insurance program is fully self-insured, whether the Company or IBT administers it. There's no actual per employee cost of the health insurance. The number that you pay for COBRA is NOT what UPS pays for it, but rather the market value. E.g. if you did not utilize your health insurance for a year, UPS's cost for your health insurance is just the small management fee paid to Aetna, BCBS, etc. If you had major surgery, then the cost of the surgery (plus all your other claims) is what it cost UPS.</p><p></p><p>And yes, I've seen what UPS charges for COBRA, since a handful of low-seniority people laid off in the Winter months sometimes have to pay it. The amount will vary regionally, but this year it topped $100/week for coverage of a single person. And I live in a higher-cost health care market than you. $15,444 a year for single coverage (as you claim) just seems unreasonable.</p></blockquote><p></p>
[QUOTE="Bagels, post: 1190777, member: 43436"] [b]Re: Does UPS shafting of it's managment healthcare make U accept they want to get us[/b] I'll try to explain this one more time: UPS makes a finite contribution, as set forth by the CBA, for health & welfare funding. The insurance program is fully self-insured, whether the Company or IBT administers it. There's no actual per employee cost of the health insurance. The number that you pay for COBRA is NOT what UPS pays for it, but rather the market value. E.g. if you did not utilize your health insurance for a year, UPS's cost for your health insurance is just the small management fee paid to Aetna, BCBS, etc. If you had major surgery, then the cost of the surgery (plus all your other claims) is what it cost UPS. And yes, I've seen what UPS charges for COBRA, since a handful of low-seniority people laid off in the Winter months sometimes have to pay it. The amount will vary regionally, but this year it topped $100/week for coverage of a single person. And I live in a higher-cost health care market than you. $15,444 a year for single coverage (as you claim) just seems unreasonable. [/QUOTE]
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Does UPS shafting of it's managment healthcare make U accept they want to get us too?
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