Regional benefits.
#1
New Hire
Thread Starter
Joined APC: Aug 2019
Posts: 4
Regional benefits.
First time poster. Which Regional has the best benefits for a pilots wife and kids? Looking into medical and retirement especially. Have a special needs son with cerebral palsy/cognitive delays and need concrete numbers because I have to have good medical for him as his care needs are high and I need to figure out retirement for myself and his care for his life also. I’m not sure which Regional would be best as whatever major they bleed into is a huge consideration also for the same considerations.
#2
Gets Weekends Off
Joined APC: Jul 2019
Posts: 744
XJT family rate for high deductible is about $75 per month deductible is 5,400 out of pocket max 10,000
Low deductible is about $600 per month $900 deductible out of pocket max 6,300.
Really you are better off taking the high deductible and putting the other $525 in an HSA but very few do that.
Retirement benefits they match 5% but it’s not vested until 5 years so if you plan on leaving before 5 might as well say nada on that side.
Low deductible is about $600 per month $900 deductible out of pocket max 6,300.
Really you are better off taking the high deductible and putting the other $525 in an HSA but very few do that.
Retirement benefits they match 5% but it’s not vested until 5 years so if you plan on leaving before 5 might as well say nada on that side.
#3
New Hire
Thread Starter
Joined APC: Aug 2019
Posts: 4
XJT family rate for high deductible is about $75 per month deductible is 5,400 out of pocket max 10,000
Low deductible is about $600 per month $900 deductible out of pocket max 6,300.
Really you are better off taking the high deductible and putting the other $525 in an HSA but very few do that.
Retirement benefits they match 5% but it’s not vested until 5 years so if you plan on leaving before 5 might as well say nada on that side.
Low deductible is about $600 per month $900 deductible out of pocket max 6,300.
Really you are better off taking the high deductible and putting the other $525 in an HSA but very few do that.
Retirement benefits they match 5% but it’s not vested until 5 years so if you plan on leaving before 5 might as well say nada on that side.
Thank you for answering. How does the out of pocket Max’s coincide with the pay? I understand regionals start off low, need to budget appropriately.
#4
Gets Weekends Off
Joined APC: Dec 2016
Posts: 524
Air Wisconsin, while not the Belle of the ball anymore, has pretty amazing health plans, ($15 copay for darn near everything) and a decent 401k match. (3% regardless of your contribution, and up to 5% more, also vested in 5 years).
#5
Gets Weekends Off
Joined APC: May 2016
Posts: 1,011
Endeavor has a high deductible HSA plan that runs $414 a month and a 80/20 PPO with a lower deductible that runs $975.
Generally, most pilots have found that the difference in premiums over the course of the year (which amounts to $6700) pays for the out of pocket maximum on the high deductible plan so it is generally a better deal whether you use it very little or use if a lot. All of this is tax free. For a family, the deductible is $2700 (of which $1350 is paid by the company with HSA seed money) after which there is 20% coinsurance to a $6000 out of pocket maximum. The traditional PPO has those very high premiums but also pretty steep copays ($25/$35), an $800 deductible for procedures, and a $3000 out of pocket maximum. So worst case $9700 out of pocket (tax free) on the high deductible plan versus $15,000 on the traditional plan.
Retirement at Endeavor is kinda a joke as well. They match 3% only for the first 4 or so years. Goes up from there, all the way to like a 12.5% match after year 20. It takes a few years to become fully vested but it’s not a “cliff.”
Generally, most pilots have found that the difference in premiums over the course of the year (which amounts to $6700) pays for the out of pocket maximum on the high deductible plan so it is generally a better deal whether you use it very little or use if a lot. All of this is tax free. For a family, the deductible is $2700 (of which $1350 is paid by the company with HSA seed money) after which there is 20% coinsurance to a $6000 out of pocket maximum. The traditional PPO has those very high premiums but also pretty steep copays ($25/$35), an $800 deductible for procedures, and a $3000 out of pocket maximum. So worst case $9700 out of pocket (tax free) on the high deductible plan versus $15,000 on the traditional plan.
Retirement at Endeavor is kinda a joke as well. They match 3% only for the first 4 or so years. Goes up from there, all the way to like a 12.5% match after year 20. It takes a few years to become fully vested but it’s not a “cliff.”
#6
Gets Weekends Off
Joined APC: Jul 2019
Posts: 744
Oddly enough the EQO means you actually get paid less per hour to pick up open time. Really makes no sense but hey whatever they wanna do.
#7
New Hire
Thread Starter
Joined APC: Aug 2019
Posts: 4
I appreciate everyone who is answering. I was a little worried because I’ve been lurking for a bit and notice some snarky comments occasionally. I figured if I was honest about my sons disabilities, kindness and information would be the common theme and I was correct on the help from other pilots. Got to take care of each other at the end of the day. Thank you all!
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