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Brown Cafe UPS Forum
UPS Retirement Topics
2014 medical plan
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<blockquote data-quote="cragmont" data-source="post: 1240111" data-attributes="member: 16124"><p>If you retire before Jan 1st you will be under the UPS Plan you are presently under. After Jan 1st you will be under Teamcare When the contract is settled you will pay $100 a month per couple in 2014,$200 in 2015, $300 in 2016. Nothing is mentioned about 2017 and 2018. This was discussed in the master and said that The Union and Company have a mutual understanding to this payment schedule when the contract settles. It also said that the insurance will be moving to a straight 80-20 split in network and 70-30 out of network. The company plan has a $500,000 lifetime max per person where Teamcare has a$200,000 annual max. So pick your poison. Other than that there's nothing else stated, so a lot of gray area. I chose to retire before the first. Feel more comfortable having UPS handle my insurance. But in either scenario the retire is thrown under the bus.</p></blockquote><p></p>
[QUOTE="cragmont, post: 1240111, member: 16124"] If you retire before Jan 1st you will be under the UPS Plan you are presently under. After Jan 1st you will be under Teamcare When the contract is settled you will pay $100 a month per couple in 2014,$200 in 2015, $300 in 2016. Nothing is mentioned about 2017 and 2018. This was discussed in the master and said that The Union and Company have a mutual understanding to this payment schedule when the contract settles. It also said that the insurance will be moving to a straight 80-20 split in network and 70-30 out of network. The company plan has a $500,000 lifetime max per person where Teamcare has a$200,000 annual max. So pick your poison. Other than that there's nothing else stated, so a lot of gray area. I chose to retire before the first. Feel more comfortable having UPS handle my insurance. But in either scenario the retire is thrown under the bus. [/QUOTE]
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