Quote:
Originally Posted by urinmyseat
Tony,
Trick question...We will not know until the company makes up some obscene inflated number.
I asked this question on the T&A web page. Their answer was that we would have some limp d1cked accounting firm verify the company's numbers.
Disclaimer: I may have paraphrased ALPA's response. but it is accurate.
Wait for the press release if this turd passes. It will probably read that the new CBA has helped cut costs another 10%
Hey, I like your paraphrase
, but I think you missed the point of my question. I'm asking for a guess. Since it's not spelled out, I'm wondering what people are guessing their increase will be.
We've been used to the cost of premiums going up no more than 6% every year up until now. AFTER 2017, we're capped at no more than 10% increases per year. But since there is no cap or guarantee on 2017 costs, I'm wondering what others are using for their planning numbers. When you create that "What's in it for me?" spreadsheet, what numbers are you using for health care insurance cost in 2017?
I'm just looking for guesses. Wild guesses are OK, educated guesses are preferred, and explanations for the guesses would be great, too.
Another example:
EE+Sp: 28% (R&I TA Normalized Rate Estimated Projections)
Quote:
Originally Posted by supercruiser
A component of this issue is the upcoming excise tax on healthcare insurance or Cadillac tax...seems worth a shoutout reminding all to consider participating in ALPA's Legislative Affairs effort to change that tax.
The pertinent portion of the email I received from ALPA is pasted below:
"ACA Excise Tax
The first attack is coming from a provision in the Affordable Care Act that, starting in 2018, will levy a 40% tax on the value of a health care plan that exceeds a certain threshold. Approximately 40% of ALPA pilots’ plans are projected to trigger this additional tax in 2018 and our Buy Up plan is projected to do so shortly thereafter. By 2022, all ALPA pilot plans will be triggering this tax. The current FDX TA, if ratified, will provide protection to FedEx pilots by retaining the entire value of any changes to our health plan that may be necessary to avoid this tax. While this protection was essential, it is preferable to have the tax repealed.
As medically certified pilots who fly the most challenging schedules in the world, affordable and comprehensive health care is not a luxury; it’s a necessity! Please contact your Congressman and respectfully ask for their support for H.R. 879 from Frank Guinta (R-NH) and H.R. 2050 from Joe Courtney (D-CT). These bills look to repeal the Affordable Care Act excise tax on high cost employer-sponsored health coverage. To complete the "Call to Action" and submit a letter directly to your Congressman, please click here."
That's certainly a component of the Health Care Insurance issue, but since it does not kick in until 2018, it doesn't affect the question I have posed. How much will the 2017 costs rise over 2016? Guesses only ...
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