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<blockquote data-quote="quadro" data-source="post: 806227" data-attributes="member: 12850"><p>I don't remember what the deal was with the Dinars. Just because FedEx is funding the plan doesn't mean healthcare costs don't go up every year. As the costs go up, both FedEx and us have to pay proportionately more. The other thing to consider is that let's say FedEx could go for 3 - 5 years without raising the premiums and absorbed the cost. After 5 years, given that healthcare costs more each year, the increase we would see in our premiums would likely be very substantial. By increasing a little each year, it actually helps soften the blow. Make no mistake, it's still a blow, but nowhere near what it would be if it didn't rise gradually.</p><p>As for retiree healthcare, I don't know. I haven't looked into it yet. I think, and I stress think as this is just an educated guess, that it has something to do with the way retiree healthplans are structured and administered and that there's a defined benefit. Once the cost goes above that defined benefit, the retiree has to pay the difference. As healthcare costs rise, so does that difference.</p></blockquote><p></p>
[QUOTE="quadro, post: 806227, member: 12850"] I don't remember what the deal was with the Dinars. Just because FedEx is funding the plan doesn't mean healthcare costs don't go up every year. As the costs go up, both FedEx and us have to pay proportionately more. The other thing to consider is that let's say FedEx could go for 3 - 5 years without raising the premiums and absorbed the cost. After 5 years, given that healthcare costs more each year, the increase we would see in our premiums would likely be very substantial. By increasing a little each year, it actually helps soften the blow. Make no mistake, it's still a blow, but nowhere near what it would be if it didn't rise gradually. As for retiree healthcare, I don't know. I haven't looked into it yet. I think, and I stress think as this is just an educated guess, that it has something to do with the way retiree healthplans are structured and administered and that there's a defined benefit. Once the cost goes above that defined benefit, the retiree has to pay the difference. As healthcare costs rise, so does that difference. [/QUOTE]
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