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UPS Health Benefits Shock for Retired Union Employees
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<blockquote data-quote="TechGrrl" data-source="post: 1075491" data-attributes="member: 4932"><p>That's why they pay the guys in accounting to hedge fuel prices forward.</p><p></p><p>I am sorry you are being hit with scare tactics on your insurance premiums, but this is something you probably want to hear about now rather than too late to lobby the Teamsters during negotiations. This is in the hands of the negotiating team. Truthfully, I don't think $50/month is sustainable. That money has to come from somewhere. If the Teamsters keep it, or something close to it, they will have to give up some in wages or pension contributions.</p><p></p><p>If you read up on it, even the $742 they are quoting you is a "reasonable" premium for a family plan, based on the employer plans out there. Family plans run $13000-15000 per year on average.</p></blockquote><p></p>
[QUOTE="TechGrrl, post: 1075491, member: 4932"] That's why they pay the guys in accounting to hedge fuel prices forward. I am sorry you are being hit with scare tactics on your insurance premiums, but this is something you probably want to hear about now rather than too late to lobby the Teamsters during negotiations. This is in the hands of the negotiating team. Truthfully, I don't think $50/month is sustainable. That money has to come from somewhere. If the Teamsters keep it, or something close to it, they will have to give up some in wages or pension contributions. If you read up on it, even the $742 they are quoting you is a "reasonable" premium for a family plan, based on the employer plans out there. Family plans run $13000-15000 per year on average. [/QUOTE]
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UPS Health Benefits Shock for Retired Union Employees
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