Originally Posted by
slowplay
Delta is self insured. UHC is paid to administer the plan. ALPA gets briefed every year (June) on the following year's health care plan rate development (required for the contractual plans (DPMP and Option N)). The numbers in the rate development aren't public, but health care costs Delta a lot of money. It is not a profit center.
Slow is correct. It was the same at NWA.
I seem to recall that we get a mailing every year with regards to the contractually required health plans. I'd have to dig into my files to find the last one.
It was a lot of coin. A LOT.
One wonders if buying a heath care company would save money, in the same way as buying a refinery would be for fuel.
Nu