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UPS Health Benefits Shock for Retired Union Employees
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<blockquote data-quote="beentheredonethat" data-source="post: 1075496" data-attributes="member: 4886"><p>I don't disagree in that I think we are all upset\bummed out about the increasing cost of Health care. But, the contract that was negotiated said UPS pays x dollars for insurance coverage and when the price goes above that the increase cost is shared equally between retiree and UPS (I believe that is what it says). So because HW cost skyrocketed both UPS and the retirees are getting hit hard by higher costs. Mgmt has already been paying a lot for Health care and we have been paying for years. </p><p></p><p></p><p>One thing I think we can all do to help lower costs. Eat healthier, exercise more, reduce your intake of carbs, especially if you are diabetic or prediabetic. Eat more vegetables (just not the high starch ones like potatoes or corn) Go get regular physical exams. When you do go to the Dr's office and get bills verify what they billed you for is correct. My Father in law went in for a minor medical procedure and my mother in law compared the medical notes of the procedure to the bill and found a 4,000 dollar overcharge to the insurance company. She had that taken off the bill to the insurance company. </p><p></p><p>Don't get me wrong, I wish UPS could and would pay for 100% of health care for all of us, hourly and mgmt, active and retired. However, in today's economy that just isn't practical esp when you consider what the competition gives for pay and benefits.</p></blockquote><p></p>
[QUOTE="beentheredonethat, post: 1075496, member: 4886"] I don't disagree in that I think we are all upset\bummed out about the increasing cost of Health care. But, the contract that was negotiated said UPS pays x dollars for insurance coverage and when the price goes above that the increase cost is shared equally between retiree and UPS (I believe that is what it says). So because HW cost skyrocketed both UPS and the retirees are getting hit hard by higher costs. Mgmt has already been paying a lot for Health care and we have been paying for years. One thing I think we can all do to help lower costs. Eat healthier, exercise more, reduce your intake of carbs, especially if you are diabetic or prediabetic. Eat more vegetables (just not the high starch ones like potatoes or corn) Go get regular physical exams. When you do go to the Dr's office and get bills verify what they billed you for is correct. My Father in law went in for a minor medical procedure and my mother in law compared the medical notes of the procedure to the bill and found a 4,000 dollar overcharge to the insurance company. She had that taken off the bill to the insurance company. Don't get me wrong, I wish UPS could and would pay for 100% of health care for all of us, hourly and mgmt, active and retired. However, in today's economy that just isn't practical esp when you consider what the competition gives for pay and benefits. [/QUOTE]
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