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<blockquote data-quote="quadro" data-source="post: 805826" data-attributes="member: 12850"><p>Ok Van, now I need to go to urgent care for the cut on my head where I banged it against the wall. Just kidding. I will gladly admit I'm wrong if you can provide some facts, not your opinion, that I'm wrong. You still haven't asked an expert and yet you continue to assume that I'm wrong.</p><p></p><p>I think we can agree that FedEx pays our wages, yes? Then why does FedEx use ADP to cut the payroll checks? Why does FedEx use ADP to send out the W2's? We use vendors when it is cheaper and better than doing it ourselves. It's the same with the healthcare costs. FedEx pays them but uses a vendor to manage the program and cut the checks.</p><p></p><p>To answer your question, FedEx pays somewhere in the region of 86-90% of the cost. The rest being the employee deductibles, copays, premiums, etc. (I could be off a couple % either way on this but it's close). It varies for each person depending on the type of coverage they have, etc.</p><p></p><p>Look, you said it yourself, if FedEx did all this in-house, their costs would be astronomical. That's why they pay an experienced vendor to manage the program. And again, instead of assuming I'm wrong because it seems you too have "heard, read,...and assumed certain things" please ask your senior manager, ask your director, call benefits in Memphis and ask them. I think you'll find that I'm right. If I'm not, then I have no problem saying I'm wrong. In the meantime, I'll try to find some info that I can point you too that you can see for yourself and not have to take my word for it.</p></blockquote><p></p>
[QUOTE="quadro, post: 805826, member: 12850"] Ok Van, now I need to go to urgent care for the cut on my head where I banged it against the wall. Just kidding. I will gladly admit I'm wrong if you can provide some facts, not your opinion, that I'm wrong. You still haven't asked an expert and yet you continue to assume that I'm wrong. I think we can agree that FedEx pays our wages, yes? Then why does FedEx use ADP to cut the payroll checks? Why does FedEx use ADP to send out the W2's? We use vendors when it is cheaper and better than doing it ourselves. It's the same with the healthcare costs. FedEx pays them but uses a vendor to manage the program and cut the checks. To answer your question, FedEx pays somewhere in the region of 86-90% of the cost. The rest being the employee deductibles, copays, premiums, etc. (I could be off a couple % either way on this but it's close). It varies for each person depending on the type of coverage they have, etc. Look, you said it yourself, if FedEx did all this in-house, their costs would be astronomical. That's why they pay an experienced vendor to manage the program. And again, instead of assuming I'm wrong because it seems you too have "heard, read,...and assumed certain things" please ask your senior manager, ask your director, call benefits in Memphis and ask them. I think you'll find that I'm right. If I'm not, then I have no problem saying I'm wrong. In the meantime, I'll try to find some info that I can point you too that you can see for yourself and not have to take my word for it. [/QUOTE]
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