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UPS Union Issues
Question about Central States Funding.
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<blockquote data-quote="Inthegame" data-source="post: 1174530" data-attributes="member: 37112"><p>The non-UPSers in CS will reap the benefits of their negotiated contributions, just as UPSers will. UPSers in CS now get "benefitted" from non-UPSers as all contributions are pooled, which produces greater discounts from providers when those participants are steered into those networks. But this is a pay to play system, the <u>levels</u> of coverage are attained only by negotiated contribution levels from employers and in some cases employees in co premium status. CS has at least 4 different levels of coverage plans. UPS has agreed to contributions sufficient to purchase the best plan. </p><p>UPS's costs could be higher in total after five years than what would be spent in self funded claims. That is unknown. </p><p>As far as health care costs going down, I don't know. Unfortunately the for profit insurance industry heavily influenced the ACA and watered down provisions (the public option) that could have reduced costs. I do know the % of increase has slowed and that means the dollars negotiated should allow trustees to continue benefits as are present today. Choices in lifestyle lead to good health. If members make good choices, better health will follow.</p></blockquote><p></p>
[QUOTE="Inthegame, post: 1174530, member: 37112"] The non-UPSers in CS will reap the benefits of their negotiated contributions, just as UPSers will. UPSers in CS now get "benefitted" from non-UPSers as all contributions are pooled, which produces greater discounts from providers when those participants are steered into those networks. But this is a pay to play system, the [U]levels[/U] of coverage are attained only by negotiated contribution levels from employers and in some cases employees in co premium status. CS has at least 4 different levels of coverage plans. UPS has agreed to contributions sufficient to purchase the best plan. UPS's costs could be higher in total after five years than what would be spent in self funded claims. That is unknown. As far as health care costs going down, I don't know. Unfortunately the for profit insurance industry heavily influenced the ACA and watered down provisions (the public option) that could have reduced costs. I do know the % of increase has slowed and that means the dollars negotiated should allow trustees to continue benefits as are present today. Choices in lifestyle lead to good health. If members make good choices, better health will follow. [/QUOTE]
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