tonsterboy5

I much rather have higher pay, yea the insurance is great but it doesn’t pay a mortgage or rent which has almost doubled in cost over the last 10 years. If you bought a house during the last downturn YOUR mortgage is now low but that exact same house cost 2x as much now which isn’t affordable working at ZW.

I don’t have kids but if I did I would be perfectly fine paying $2000 for a baby with normal insurance if that meant I made $15k more a year from base pay. Hell if we had a decent High deductible with company HSA the out of pocket would be $0 and the cost of insurance for the year/years leading up to needing it would be less. I would go on a limb in say the one year of company/employee contributions to the insurance plan is more than the entirety of my medical care for the 30+ years of my life. Doesn’t sound like a decent trade off for me. We still need some insurance but decent high deductible plane with a high company contribution would save the company tons of money and after several years those youngins like me would have enough in the HSA to cover several years of max out of pocket deductible.

Just think, if someone came here at 20 and had an HSA where the company contributed $150 a Month to the HSA and the 200 to the actual high deductible plan said person would have $36k In their HSA by the time they are 40 which would cover 6 full years of max deductibles if that person ran into health problems. This is not accounting for a single penny contributed by the employee into the HSA. This would save the company about $500 a month at a minimum and cost the employee about $200 less a month in premiums. Think more money in the employees pocket to pay other bills.

But having insurance like this will never happen at ZW cause to many people are here just for the insurance, those that either have medical problems themself or their family members have medical problems. These are also the top 50% of the seniority list that need the insurance more than money for food, housing or student debt. I even flew with one guy who said he would take a pay cut to keep his insurance for his family due to complex medical issues. I really hope he the outlier.

WhaleSurfing

You all should worry about your new president Binns. Incompetent and anti union. Just take a look at his dismal track record in this industry. His last endeavor was trying to sell helium balloons.

IDriveJets

Thank you! This guy gets it!

flightlessbirds

Why do we keep taking about concessions? In this market we should get rates + insurance. If AWAC doesn’t have the money they should be charging UAL more. If they can’t do that they won’t be competitive in this market.

iceman21

This guy gets it!

Sent from my SM-N950U using Tapatalk

tonsterboy5

It has nothing to do with concessions, the thing is our compensation is in the top for those with medical issues that need and use the insurance and in the very bottom for everyone else. There needs to be a way to make our compensation package the top for everyone, not just a few. Changing to a more balanced insurance plan would allow this. The expensive HMO plan isn’t sustainable if it’s not full of young healthy people in the pool, very few young healthy people will come here and sign up for the plan due to the much lower compensation for them. It’s a double edged sword. Without young people the plan is expensive, but because it’s expensive we can’t attract young people because they get no benefit in the insurance.

DarkSideMoon

For roughly $125 a month for a single dude I don’t see why anyone wouldn’t get the insurance. Am I likely to use it? No, but if I get some kind of terrible disease or cancer or get hit by a bus or a car accident I don’t have to worry about going broke and being homeless over the medical bills.

tonsterboy5

It’s 300+ a month for the hmo and 130 for the high deductible with HSA at least form what I remember.

Inside DEENA

About 10 years ago I landed in the hospital for about 48hrs. The bill was over $8,000.00. For 48 hrs. Which would have cleaned out an HSA.

With the PPO at AWAC, I paid maybe $200.00 copay. A no-brainer to me.

Having people split between an HSA and actual medical insurance (HMO, PPO, Comprehensive) decreases the size of the insurance pool and conversely increases the costs for those on the insurance. This is the issue we have at my current employer (I left AWAC about 6 months ago). I understand why some might want another option, but it increases costs to the company per employee by doing so.

And last I checked, I can't pay my mortgage/car payment/food bill etc., with my medical insurance. So to count it as compensation and want some kind of payroll consideration for that is disingenuous. As I remember, if you don't want the insurance, then decline it. But don't expect the difference, or a portion thereof, refunded back into your paycheck. Because it isn't pay.

ID

tonsterboy5

I don’t expect any of it returned to me, but as you said 10’years ago you had 2 day in the hospital which caused an 8k total bill, if you had the high deductible your max out of pocket would of been $6k assuming that none of the services you received had a negotiated rate. In the 10 years since then you have paid $200 more a month than a decent HSA plan or $24,000, assuming you used the max of $6k you still have spent $18k more than needed on healthcare. That 18k could be collecting interest in an HSA, you could of used it for random things such as Tylenol or NyQuil when you get sick. Not to mention the 600 a month the company has spend on the insurance which is 72k over that same 10 years, just think of the company didn’t have to pay for expensive insurance some of that could of ended up in everyone’s pocket.