Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
The Competition
FedEx Discussions
The Plan
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="quadro" data-source="post: 806028" data-attributes="member: 12850"><p>You said "if FedEx was paying for everything they'd have an in-house dept that would handle cutting checks for medical costs". FedEx pays ALL our wages and yet doesn't have an in-house dept that handles cutting checks for payroll. I'd say as analogies go, it's pretty close.</p><p></p><p>I never said how much we pay Cigna/Anthem every month. I just said FedEx pays them to handle the plan. The money is fungible so whether our premiums go directly to them or to FedEx and then FedEx uses that money makes no difference. In its simplest form, it goes into an account somewhere. FedEx then adds somewhere between 7 and 12 times what we put in and that account is then used to pay the claims.</p><p></p><p>And I knew that you meant the medical claims would be astronomical, that's why I said FedEx pays Cigna/Anthem to manage the plan because that's their business not FedEx's (business as in that's what they do).</p></blockquote><p></p>
[QUOTE="quadro, post: 806028, member: 12850"] You said "if FedEx was paying for everything they'd have an in-house dept that would handle cutting checks for medical costs". FedEx pays ALL our wages and yet doesn't have an in-house dept that handles cutting checks for payroll. I'd say as analogies go, it's pretty close. I never said how much we pay Cigna/Anthem every month. I just said FedEx pays them to handle the plan. The money is fungible so whether our premiums go directly to them or to FedEx and then FedEx uses that money makes no difference. In its simplest form, it goes into an account somewhere. FedEx then adds somewhere between 7 and 12 times what we put in and that account is then used to pay the claims. And I knew that you meant the medical claims would be astronomical, that's why I said FedEx pays Cigna/Anthem to manage the plan because that's their business not FedEx's (business as in that's what they do). [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
The Competition
FedEx Discussions
The Plan
Top