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Brown Cafe UPS Forum
UPS Union Issues
Can someone explain to me what exactly will happen to our healthcare..
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<blockquote data-quote="Inthegame" data-source="post: 1144788" data-attributes="member: 37112"><p>Almost accurate but the "union" cannot pocket anything. The "union" doesn't get any contributions other than dues from their members. The Taft Hartley H&W Fund (or Pension) get the contributions on behalf of the participants, and usually covers costs through Fund assets with an insurer (BCBS, Aetna, Humana, etc.) administering the plan on a fee basis. Not a penny of any contribution is allocated to the union as union (and company) trustees cannot be paid for services. Taft Hartley Plans, including Teamster administered H&W Plans are definitely among the best in the country as they are completely non-profit giving the members the best bang for the buck.</p></blockquote><p></p>
[QUOTE="Inthegame, post: 1144788, member: 37112"] Almost accurate but the "union" cannot pocket anything. The "union" doesn't get any contributions other than dues from their members. The Taft Hartley H&W Fund (or Pension) get the contributions on behalf of the participants, and usually covers costs through Fund assets with an insurer (BCBS, Aetna, Humana, etc.) administering the plan on a fee basis. Not a penny of any contribution is allocated to the union as union (and company) trustees cannot be paid for services. Taft Hartley Plans, including Teamster administered H&W Plans are definitely among the best in the country as they are completely non-profit giving the members the best bang for the buck. [/QUOTE]
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Can someone explain to me what exactly will happen to our healthcare..
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