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FedEx Discussions
Ground detractors: Here's your chance.
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<blockquote data-quote="SmithBarney" data-source="post: 813392" data-attributes="member: 709"><p>If you ask FedEx, they'll tell you that benefits costs twice our wages for our benefits, in reality its probably</p><p>much much less as its a negotiated bulk rate with Cigna.When you think about it probably 30% of employees</p><p>utilize more than their weekly premiums, while the other 70% Pay in and never use the program.. </p><p>its pure profit for FedEx and Cigna, we have no idea what FedEx "actually" pays for our Insurance.</p><p></p><p>I pay about 200/mo towards insurance for me and my wife. and thats not the "premium" plan.</p><p>Its decent coverage, but not the coverage I had at UPS, where I paid nothing and had a plan that had small co-pays</p><p>and nearly everything was covered.</p></blockquote><p></p>
[QUOTE="SmithBarney, post: 813392, member: 709"] If you ask FedEx, they'll tell you that benefits costs twice our wages for our benefits, in reality its probably much much less as its a negotiated bulk rate with Cigna.When you think about it probably 30% of employees utilize more than their weekly premiums, while the other 70% Pay in and never use the program.. its pure profit for FedEx and Cigna, we have no idea what FedEx "actually" pays for our Insurance. I pay about 200/mo towards insurance for me and my wife. and thats not the "premium" plan. Its decent coverage, but not the coverage I had at UPS, where I paid nothing and had a plan that had small co-pays and nearly everything was covered. [/QUOTE]
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