SKYW/ASA Healthcare reform
10-16-2009 | 09:45 PM
#1
Thread Starter
Gets Weekends Off
Joined: Sep 2007
Posts: 172
Likes: 0
From: Piloto
SKYW/ASA Healthcare reform
Who else is upset with the HSA/CDHP plans being the only plans offered by 2012. I can't believe this is happening. The health benefit's were one major reason for me signing up for this job. Now they're going to take severly cut our actual benefit from the health benefits. Pretty much set up your own HSA that they are trying to buy everyone into for 2010 and 2011 by providing HSA contributions. Seems if a family member get's cancer or some other chronic disease we will go broke paying at least $6,000k per year for something health insurance is supposed to cover. Maybe it'll lbe okay for families that are in perfect health all the time...
10-17-2009 | 02:29 AM
#3
Gets Weekends Off
Joined: Aug 2008
Posts: 326
Likes: 0
He's ASA....
I think everyone at ASA needs to sit down and run the numbers before they get upset. HSA accounting is different but even if you use the full deductible you'll spend less money by using it. I switched over voluntarily because of it and I have a family I would consider average and I expected to go through the full deductible before I got furloughed. Not sure if the SKW plan works out as well though.
I think everyone at ASA needs to sit down and run the numbers before they get upset. HSA accounting is different but even if you use the full deductible you'll spend less money by using it. I switched over voluntarily because of it and I have a family I would consider average and I expected to go through the full deductible before I got furloughed. Not sure if the SKW plan works out as well though.
10-17-2009 | 04:45 AM
#4
Gets Weekends Off
Joined: May 2009
Posts: 120
Likes: 0
From: CRJ-700/CRJ-900 Gear Monkey
the SKW deductible, under the new plan in up from 5k to 10k. Not cool. You have an accident and you might as well declare bankruptcy. Shame on your SKW (not the pilots, inc). I can see that wave making here in ASA in a short time...
10-17-2009 | 06:21 AM
#5
Line Holder
Joined: Jul 2009
Posts: 44
Likes: 0
From: CRJ-200 FO
Aside from working as a pilot, I have been a financial planner for 15 years. Generally speaking, a HSA style health plan is a better option for you if you are healthy. The whole point of the savings portion is to allow you to hang on to your own money instead of giving it to the insurance company. If you are smart and careful (and lucky) you will have a sizable savings ready for an emergency, and if the emergency doesn't materialize you have the peace of mind knowing that you are prepared. Run the numbers--it works.
10-17-2009 | 07:03 AM
#6
Line Holder
Joined: Apr 2007
Posts: 76
Likes: 0
Aside from working as a pilot, I have been a financial planner for 15 years. Generally speaking, a HSA style health plan is a better option for you if you are healthy. The whole point of the savings portion is to allow you to hang on to your own money instead of giving it to the insurance company. If you are smart and careful (and lucky) you will have a sizable savings ready for an emergency, and if the emergency doesn't materialize you have the peace of mind knowing that you are prepared. Run the numbers--it works.
While it would work well if you were healthy and lucky, a bad injury or sudden illness in the family could be a bankruptcy event for someone with our wages. A plan like that wouldn't work for anyone. In my opinion, the only accecptable outcome would be if they offered a choice to stay on the current plan or switch to the HSA plan.
10-17-2009 | 08:09 AM
#8
Thread Starter
Gets Weekends Off
Joined: Sep 2007
Posts: 172
Likes: 0
From: Piloto
If a family member get's cancer, then what? The family goes broke in a year because of a lacking health care plan? We don't pay much right now for PPO and personally, I never think about where my money is going because health care is so important.
My fiance is in the health industry and I'm afraid if HSA's are the way of the future that her wages will suffer drastically due to this system.
Once again it's all about the all mighty dollar for companies. I'm about saving money with fuel and such but no way for health care. If they're all about our benefit then leave PPO an option, if some like HSA better let them enroll in it. I've learned to get ready to bend over when I read "...to better position ASA for...future..."
My fiance is in the health industry and I'm afraid if HSA's are the way of the future that her wages will suffer drastically due to this system.
Once again it's all about the all mighty dollar for companies. I'm about saving money with fuel and such but no way for health care. If they're all about our benefit then leave PPO an option, if some like HSA better let them enroll in it. I've learned to get ready to bend over when I read "...to better position ASA for...future..."
10-17-2009 | 08:34 AM
#10
Gets Weekends Off
Joined: Mar 2006
Posts: 466
Likes: 0
From: SkyWest Captain
People need to do their homework before they start freaking out. I did the math and last year if I would have put just as much money toward the HSA as I did my premiums for my PPO I would have spent $900 dollars less with the HSA. And before you start spouting of about how I had no medical expenses last year I have 2 kids and my wife was pregnant and had a baby.
If you do your homework if you max out the $5000 on the PPO plan or the $6000 on the HSA plan, you would have spent less money through out the year on the HSA plan because the premiums for the PPO plan are higher.
IMO people really don't understand how these plans work.
Thread
Thread Starter
Forum
Replies
Last Post
