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<blockquote data-quote="Catatonic" data-source="post: 1135186" data-attributes="member: 7966"><p><strong>Re: contract approval</strong></p><p></p><p></p><p></p><p>Some relevant info on healthcare and cadillac plans:</p><p></p><p><span style="color: #000000">This is the limits: </span><span style="color: #000000"><span style="color: #000000"><span style="font-family: 'sans-serif'">The </span></span></span><a href="http://en.wikipedia.org/wiki/Patient_Protection_and_Affordable_Care_Act" target="_blank">Patient Protection and Affordable Care Act</a><span style="color: #000000"><span style="color: #000000"><span style="font-family: 'sans-serif'"> (as amended by the </span></span></span><a href="http://en.wikipedia.org/wiki/Health_Care_and_Education_Reconciliation_Act_of_2010" target="_blank">Health Care and Education Reconciliation Act of 2010</a><span style="color: #000000"><span style="color: #000000"><span style="font-family: 'sans-serif'">) imposes an annual excise tax on plans with premiums exceeding $10,200 for individuals or $27,500 for a family (not including vision and dental benefits) starting in 2018.</span></span></span>[SUP]<a href="http://en.wikipedia.org/wiki/Cadillac_insurance_plan#cite_note-Gold-4" target="_blank">[4]</a>[/SUP]</p><p></p><p><span style="color: #000000">The Teamsters were able to get an exemption for Unions.</span></p><p><span style="color: #000000">The cost for UPS to provide an individual healthcare insurance is $9592 and $19,184 for a family.</span></p><p><span style="color: #000000">This is getting close to meeting the limits for an individual.</span></p><p></p><p><span style="color: #000000">Another reason for UPS to let the Teamsters assume the provider role since the Union is exempt.</span><span style="color: #000000"></span></p><p><span style="color: #000000"></span></p><p><span style="color: #000000">Read more: <a href="http://www.browncafe.com/forum/f39/new-teamcare-deductibles-350006/#ixzz2SznZpEHf" target="_blank">http://www.browncafe.com/forum/f39/new-teamcare-deductibles-350006/#ixzz2SznZpEHf</a></span></p></blockquote><p></p>
[QUOTE="Catatonic, post: 1135186, member: 7966"] [b]Re: contract approval[/b] Some relevant info on healthcare and cadillac plans: [COLOR=#000000]This is the limits: [/COLOR][COLOR=#000000][COLOR=#000000][FONT=sans-serif]The [/FONT][/COLOR][/COLOR][URL="http://en.wikipedia.org/wiki/Patient_Protection_and_Affordable_Care_Act"]Patient Protection and Affordable Care Act[/URL][COLOR=#000000][COLOR=#000000][FONT=sans-serif] (as amended by the [/FONT][/COLOR][/COLOR][URL="http://en.wikipedia.org/wiki/Health_Care_and_Education_Reconciliation_Act_of_2010"]Health Care and Education Reconciliation Act of 2010[/URL][COLOR=#000000][COLOR=#000000][FONT=sans-serif]) imposes an annual excise tax on plans with premiums exceeding $10,200 for individuals or $27,500 for a family (not including vision and dental benefits) starting in 2018.[/FONT][/COLOR][/COLOR][SUP][URL="http://en.wikipedia.org/wiki/Cadillac_insurance_plan#cite_note-Gold-4"][4][/URL][/SUP] [COLOR=#000000]The Teamsters were able to get an exemption for Unions.[/COLOR] [COLOR=#000000]The cost for UPS to provide an individual healthcare insurance is $9592 and $19,184 for a family.[/COLOR] [COLOR=#000000]This is getting close to meeting the limits for an individual.[/COLOR] [COLOR=#000000]Another reason for UPS to let the Teamsters assume the provider role since the Union is exempt.[/COLOR][COLOR=#000000] Read more: [URL]http://www.browncafe.com/forum/f39/new-teamcare-deductibles-350006/#ixzz2SznZpEHf[/URL][/COLOR] [/QUOTE]
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