I think it is the same plan the management is in. I have heard most of them say that it is not as good as ours.
Once you enrol in the new plan you can not go back to the traditional plan. I would wait and see how others like or dislike it after a year or two go by.
UPS wil always let you change to the new plan but you will not be able to switch back. Haste makes waste. Why won't they let you switch back if you don't like the new package?
My mother works in the health care claims/billing industry. She has told me horror stories about the PCN PPN PPO plans. She said she had a claim denial for a man who cut the tip of his finger off and went to the ER for treatment. The plan said this was not an emergency and denied coverage claiming that he could have went to a network doctor. He had to pay the whole bill. What the what?
Hopefully the union will get on the ball and tell us the pros and cons or TDU or anybody with knowledge of the issues. God only knows UPS will only tell us the pros.
I'd wait
Got more info from ups on saturday. As usual the info is strewn with half truths, lies and misinterpretations.
When I received a bill from the ER for my sons care this summer; the statement showed the hospital bill to be $600 insurance would cover $218 and my portion was 0. The new info ups sent out makes it look like if i stayed with the current plan that I would have to pay the difference. This is not the case and never has been.
It also shows retiree health care lifetime limits in a deceiving manner. It shows $150,000 per calender year for the current plan and $500,000 for the new plan. That amount is the most you could get. Take the 150,000 and multipy it by 8 years(if you retire at 57 and you get the truth.
The old plan would cover retirees for up to 1,200.000.00 where the new plan only $500,000
I'm sure we all have an extra $700,000 laying around.
We need the truth.
We can handle the truth.
UPS Integrity as usual