UPS to drop 15,000 spouses' insurance
08-21-2013, 11:04 AM
#11
With The Resistance
Thread Starter
Joined APC: Jan 2006
Position: Burning the Agitprop of the Apparat
Posts: 6,191
Perhaps the biggest truth teller of all is that the inventors excused themselves from it completely. They wanted no part of it and proceeded to craft their own plan.
Good for thee, but not for me.
Good for thee, but not for me.
08-21-2013, 11:04 AM
#12
Gets Weekends Off
Joined APC: Jul 2007
Position: 777 F/O
Posts: 340
Your spouses health is simply not as important as the bottom line. PPACA is a convenient place to point the finger. This is an excuse to save $60 million per year that I would bet UPS and other companies have wanted to do for a long time. Now they can do it and put the blame elsewhere.
08-21-2013, 11:07 AM
#13
Gets Weekends Off
Joined APC: Sep 2010
Position: B777 Capt
Posts: 613
Originally Posted by SKYWCRJCA
Really?! Cost of health care will go up for every eninty. (period) You cant cover 30 million unisured and subsudize low income issurance at no extra cost.
08-21-2013, 11:12 AM
#14
Bourgeoisie
Joined APC: Aug 2006
Position: 787 SO
Posts: 616
"According to Kaiser, UPS (NYSE: UPS) told white-collar workers two months ago that 15,000 working spouses eligible for coverage by their own employers would be excluded from the UPS plan in 2014."
UPS is only protecting its margin. If things get more expensive either the employee or customer has to pay. Corporate charters state that an organization exists to maximize shareholder wealth. Not an unexpected decision by UPS or any other company.
Many new companies do not provide benefits at all, including those in 'professional' occupations. The buck rules all.
UPS is only protecting its margin. If things get more expensive either the employee or customer has to pay. Corporate charters state that an organization exists to maximize shareholder wealth. Not an unexpected decision by UPS or any other company.
Many new companies do not provide benefits at all, including those in 'professional' occupations. The buck rules all.
08-21-2013, 11:12 AM
#15
With The Resistance
Thread Starter
Joined APC: Jan 2006
Position: Burning the Agitprop of the Apparat
Posts: 6,191
Originally Posted by onetime
Your spouses health is simply not as important as the bottom line. PPACA is a convenient place to point the finger. This is an excuse to save $60 million per year that I would bet UPS and other companies have wanted to do for a long time. Now they can do it and put the blame elsewhere.
Those who did write the rules were careful enough to completely exclude themselves from any adverse effects to their personal health or finances.
08-21-2013, 11:24 AM
#16
Gets Weekends Off
Joined APC: Jul 2007
Position: 777 F/O
Posts: 340
Originally Posted by jungle
That is a clever distraction, but UPS didn't write the rules. Neither did any of the other Fortune 500 companies that are going to be forced to react to this to try to stay competitive.
Those who did write the rules were careful enough to completely exclude themselves from any adverse effects to their personal health or finances.
Those who did write the rules were careful enough to completely exclude themselves from any adverse effects to their personal health or finances.
08-21-2013, 11:31 AM
#17
With The Resistance
Thread Starter
Joined APC: Jan 2006
Position: Burning the Agitprop of the Apparat
Posts: 6,191
Originally Posted by onetime
For the record, there is no rule that says UPS must drop spouses of employees from medical coverage. None of the other F500 companies will be FORCED to do this either They WILL because it will save them $,$$$,$$$'s while passing the benefit burden of healthcare costs elsewhere. Where elsewhere resides is irrelevant as their primary responsibility is to their shareholders, not you or your spouse. You are a number in the expense column on a balance sheet, nothing more, nothing less and your spouse is not even a footnote on that balance sheet.
Yes, there are going to be a lot of companies forced to act on these rules because they are not run as charities. Several major insurance companies have already announced they will not participate in exchanges where they cannot make a profit.
Most of us here work for corporations and have found that arrangement profits us.
08-21-2013, 11:42 AM
#18
Gets Weekends Off
Joined APC: Jul 2007
Position: 777 F/O
Posts: 340
Originally Posted by jungle
Most of us here work for corporations and have found that arrangement profits us.
What we really need is for healthcare to be on the free market like the rest of our consumer choices. We all know the rough price of that 55" Plasma or that cool bidding app. If you want it/need it and can afford it, go get it. That's the case for most everything money can buy in our system. Not so much in our healthcare world.
08-21-2013, 11:45 AM
#19
With The Resistance
Thread Starter
Joined APC: Jan 2006
Position: Burning the Agitprop of the Apparat
Posts: 6,191
Originally Posted by onetime
Then we should have no problem with this headline.
What we really need is for healthcare to be on the free market like the rest of our consumer choices. We all know the rough price of that 55" Plasma or that cool bidding app. If you want it/need it and can afford it, go get it. That's the case for most everything money can buy in our system. Not so much in our healthcare world.
What we really need is for healthcare to be on the free market like the rest of our consumer choices. We all know the rough price of that 55" Plasma or that cool bidding app. If you want it/need it and can afford it, go get it. That's the case for most everything money can buy in our system. Not so much in our healthcare world.
It is a reminder of why many of us are in perpetual quest for that giant unicorn flying over the rainbow while a huge contrail of free skittles flows from its hindquarters.
08-21-2013, 11:53 AM
#20
Gets Weekends Off
Joined APC: Mar 2007
Posts: 148
Originally Posted by jungle
How true, and it is anything but a free market.
It is a reminder of why many of us are in perpetual quest for that giant unicorn flying over the rainbow while a huge contrail of free skittles flows from its hindquarters.
It is a reminder of why many of us are in perpetual quest for that giant unicorn flying over the rainbow while a huge contrail of free skittles flows from its hindquarters.
Thread
Thread Starter
Forum
Replies
Last Post
