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UPS Union Issues
Teamcare - something to watch for on procedure claims
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<blockquote data-quote="Inthegame" data-source="post: 1418931" data-attributes="member: 37112"><p>Heavy on speculative contentions, light on facts. But just for fun I'll add some speculative contentions of my own (with a little basis in experienced facts) to some of your worries.</p><p>1) If you think that meager annual deductible will save a plan that is destined to have their "wheels come off", you need to learn much more about H&W plans. While an annual deductible has proven its worth as a responsible method of reminding its participants to be thoughtful when seeking service and it is much more palatable than a weekly co-premium of say $90, unless the contributions are sufficent the plan fails. </p><p>I'm in a plan with a modest deductible and since that requirement has been in place our plan has steadily built reserves (security) with no loss of benefit level and has actually increased offered benefits. Miraculously with this horribly onerous deductible, none of our members were struck by the falling sky or have filed bankruptcy. Our deductible is a complete non-issue.</p><p>2) It's not counter-intuitive to think we were duped and lied to, it's reckless. Without a factual basis, which is absent from your response, you've perpetuated the myth that Union officials have an ulterior motive to friend over the members they represent. You've concocted a theory in which UPS has either outwitted our guys, who have successfully negotiated previous deals which has shown their competence, or UPS and the IBT is in cahoots. Now that's several degrees of conjecture on your part and assumes UPS upper management and the IBT's leadership would chance this conspiracy getting out and ending many careers. Not very likely...</p><p>3)You speculate further... "With virtually every other sector of the union contracting and retiree numbers increasing, actuarial reports certainly indicated that the Central States Healthcare Fund would soon spiral downward if not infused with a new supply of members to contribute."</p><p>Now you do understand that with the "infused supply of members" comes additional claim obligations. Or are you suggesting the stumblebums from the IBT actually negotiated higher contributions from UPS than needed in order to "bolster" the plans for non UPSers. And how do you know what these imagined actuarial reports "certainly indicate"? Have you read these reports somewhere? Please post the reports for us Neanderthals who don't have such superior deductive ability.</p><p>How exactly are increasing retiree numbers affecting TeamCare's viability? You do know coverage ends at 65 right? If a sudden increase in early retirements occur, and these retirees all seek extraordinary medical care, you might be on the right trail. After all, a broken clock is right twice a day.</p><p>Remember, this isn't a Pension plan where obligations continue until death (and beyond for survivors). This is a pay as you go H&W plan. If participation levels drop, claim obligations correspondingly drop. Different levels of coverage in the many CS plan offerings are driven by negotiated contribution rates so lesser contributions buy lesser coverage. Nobody is getting bolstered by UPS's participation except UPS members with their enhanced plan.</p></blockquote><p></p>
[QUOTE="Inthegame, post: 1418931, member: 37112"] Heavy on speculative contentions, light on facts. But just for fun I'll add some speculative contentions of my own (with a little basis in experienced facts) to some of your worries. 1) If you think that meager annual deductible will save a plan that is destined to have their "wheels come off", you need to learn much more about H&W plans. While an annual deductible has proven its worth as a responsible method of reminding its participants to be thoughtful when seeking service and it is much more palatable than a weekly co-premium of say $90, unless the contributions are sufficent the plan fails. I'm in a plan with a modest deductible and since that requirement has been in place our plan has steadily built reserves (security) with no loss of benefit level and has actually increased offered benefits. Miraculously with this horribly onerous deductible, none of our members were struck by the falling sky or have filed bankruptcy. Our deductible is a complete non-issue. 2) It's not counter-intuitive to think we were duped and lied to, it's reckless. Without a factual basis, which is absent from your response, you've perpetuated the myth that Union officials have an ulterior motive to friend over the members they represent. You've concocted a theory in which UPS has either outwitted our guys, who have successfully negotiated previous deals which has shown their competence, or UPS and the IBT is in cahoots. Now that's several degrees of conjecture on your part and assumes UPS upper management and the IBT's leadership would chance this conspiracy getting out and ending many careers. Not very likely... 3)You speculate further... "With virtually every other sector of the union contracting and retiree numbers increasing, actuarial reports certainly indicated that the Central States Healthcare Fund would soon spiral downward if not infused with a new supply of members to contribute." Now you do understand that with the "infused supply of members" comes additional claim obligations. Or are you suggesting the stumblebums from the IBT actually negotiated higher contributions from UPS than needed in order to "bolster" the plans for non UPSers. And how do you know what these imagined actuarial reports "certainly indicate"? Have you read these reports somewhere? Please post the reports for us Neanderthals who don't have such superior deductive ability. How exactly are increasing retiree numbers affecting TeamCare's viability? You do know coverage ends at 65 right? If a sudden increase in early retirements occur, and these retirees all seek extraordinary medical care, you might be on the right trail. After all, a broken clock is right twice a day. Remember, this isn't a Pension plan where obligations continue until death (and beyond for survivors). This is a pay as you go H&W plan. If participation levels drop, claim obligations correspondingly drop. Different levels of coverage in the many CS plan offerings are driven by negotiated contribution rates so lesser contributions buy lesser coverage. Nobody is getting bolstered by UPS's participation except UPS members with their enhanced plan. [/QUOTE]
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