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UPS Discussions
UPS Health Benefits Shock for Retired Union Employees
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<blockquote data-quote="willybad" data-source="post: 1081543" data-attributes="member: 45356"><p>beentheredonethat,i guess i jumped to the wrong conclusion.i figured it was like paying my life insurance.you pay 10x as much,you get 10x the insurance.if i was wrong,i'm sorry. if you are right,ups is chargeing each retiree $445/mo more which is $5,340/yr.if they are paying the same $5340/yr.that means the average retiree's medical cost is going to go from $6250/yr.up to $16,930/yr.between 12/2012 when they wrote the letter and 8/2013?does ups know something we don't?i certainly like your idea to get healthier,because if my insurance is going to go up another $445 every 8 months,i won't have any.</p></blockquote><p></p>
[QUOTE="willybad, post: 1081543, member: 45356"] beentheredonethat,i guess i jumped to the wrong conclusion.i figured it was like paying my life insurance.you pay 10x as much,you get 10x the insurance.if i was wrong,i'm sorry. if you are right,ups is chargeing each retiree $445/mo more which is $5,340/yr.if they are paying the same $5340/yr.that means the average retiree's medical cost is going to go from $6250/yr.up to $16,930/yr.between 12/2012 when they wrote the letter and 8/2013?does ups know something we don't?i certainly like your idea to get healthier,because if my insurance is going to go up another $445 every 8 months,i won't have any. [/QUOTE]
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UPS Health Benefits Shock for Retired Union Employees
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