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UPS Union Issues
New TEAMCARE deductibles
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<blockquote data-quote="Catatonic" data-source="post: 1135148" data-attributes="member: 7966"><p>This is the limits: <span style="color: #000000"><span style="font-family: 'sans-serif'">The </span></span><a href="http://en.wikipedia.org/wiki/Patient_Protection_and_Affordable_Care_Act" target="_blank">Patient Protection and Affordable Care Act</a><span style="color: #000000"><span style="font-family: 'sans-serif'"> (as amended by the </span></span><a href="http://en.wikipedia.org/wiki/Health_Care_and_Education_Reconciliation_Act_of_2010" target="_blank">Health Care and Education Reconciliation Act of 2010</a><span style="color: #000000"><span style="font-family: 'sans-serif'">) imposes an annual excise tax on plans with premiums exceeding $10,200 for individuals or $27,500 for a family (not including vision and dental benefits) starting in 2018.</span></span>[SUP]<a href="http://en.wikipedia.org/wiki/Cadillac_insurance_plan#cite_note-Gold-4" target="_blank">[4]</a>[/SUP]</p><p></p><p>The Teamsters were able to get an exemption for Unions.</p><p>The cost for UPS to provide an individual healthcare insurance is $9592 and $19,184 for a family.</p><p>This is getting close to meeting the limits for an individual.</p><p></p><p>Another reason for UPS to let the Teamsters assume the provider role since the Union is exempt.</p></blockquote><p></p>
[QUOTE="Catatonic, post: 1135148, member: 7966"] This is the limits: [COLOR=#000000][FONT=sans-serif]The [/FONT][/COLOR][URL="http://en.wikipedia.org/wiki/Patient_Protection_and_Affordable_Care_Act"]Patient Protection and Affordable Care Act[/URL][COLOR=#000000][FONT=sans-serif] (as amended by the [/FONT][/COLOR][URL="http://en.wikipedia.org/wiki/Health_Care_and_Education_Reconciliation_Act_of_2010"]Health Care and Education Reconciliation Act of 2010[/URL][COLOR=#000000][FONT=sans-serif]) imposes an annual excise tax on plans with premiums exceeding $10,200 for individuals or $27,500 for a family (not including vision and dental benefits) starting in 2018.[/FONT][/COLOR][SUP][URL="http://en.wikipedia.org/wiki/Cadillac_insurance_plan#cite_note-Gold-4"][4][/URL][/SUP] The Teamsters were able to get an exemption for Unions. The cost for UPS to provide an individual healthcare insurance is $9592 and $19,184 for a family. This is getting close to meeting the limits for an individual. Another reason for UPS to let the Teamsters assume the provider role since the Union is exempt. [/QUOTE]
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