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FedEx Discussions
Healthcare Increase - Calling IBT
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<blockquote data-quote="franknitty" data-source="post: 888150" data-attributes="member: 37004"><p>Stop The Presses !</p><p></p><p>We had are meeting with the HR last week, and couple things raised my eyebrows. 1) he said don't forget to make your selection for are healthcare coverage, because if you do and your in the Employee Only category, the employees could possibly, AUTOMATICALLY bumped into the Employee & Family category for 2012. What ? Most of the employees in the room mouths hit the floor ! Myself, along with 2 other courier were discussing this issue for a while after work.</p><p></p><p>2) The Life Insurance changes: If your full-time you'll have two options: either you can select to have $50,000 coverage, or the option of the coverage that's based on 2.5 x your yearly earnings, which I think could come up to $150,000 (If I'm wording the 2nd option incorrectly someone plz assist me). Anyways, the big news about option #2 is that if you elect to take this option, you're gonna get TAXED on it ! So it looks to me like Fedex wants up to take the $50,000 coverage, and to selection Fedex Choice option instead of Premier.</p></blockquote><p></p>
[QUOTE="franknitty, post: 888150, member: 37004"] Stop The Presses ! We had are meeting with the HR last week, and couple things raised my eyebrows. 1) he said don't forget to make your selection for are healthcare coverage, because if you do and your in the Employee Only category, the employees could possibly, AUTOMATICALLY bumped into the Employee & Family category for 2012. What ? Most of the employees in the room mouths hit the floor ! Myself, along with 2 other courier were discussing this issue for a while after work. 2) The Life Insurance changes: If your full-time you'll have two options: either you can select to have $50,000 coverage, or the option of the coverage that's based on 2.5 x your yearly earnings, which I think could come up to $150,000 (If I'm wording the 2nd option incorrectly someone plz assist me). Anyways, the big news about option #2 is that if you elect to take this option, you're gonna get TAXED on it ! So it looks to me like Fedex wants up to take the $50,000 coverage, and to selection Fedex Choice option instead of Premier. [/QUOTE]
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