Spirit of NKS, Part II
10-27-2016, 02:42 PM
#9871
Gets Weekends Off
Joined APC: May 2015
Posts: 465
oh, ok. my bad.. guess i was getting the vibe of the thread that people think our insurance is bad.. guess i was saying that you don't need to have catasprohic to be protected. If you deductible is met.. even a broken finger would be covered fully...
10-27-2016, 02:45 PM
#9872
ULTP-Ultra Low Tier Pilot
Joined APC: Dec 2007
Posts: 3,228
Yup...I could have expressed my end point better, that being fully covered for a catastrophic event is nice!
10-27-2016, 05:49 PM
#9873
Gets Weekends Off
Joined APC: Nov 2015
Posts: 1,397
I think Id rather make $300k a year like a Delta Airbus CA and pay more for insurance than $150K as a Spirit pilot and have slightly better Insuarnce
10-27-2016, 07:48 PM
#9874
Gets Weekends Off
Joined APC: Oct 2010
Posts: 1,420
If you are on a family plan and not on the diamond plan with HRA you're doing it wrong.
Unless you take a regular expensive prescription the coverage is the same and if you run the numbers for a catastrophic year it's about the same as the Cadillac plans we have because of out of pocket max (something good from Obama care btw). In a normal somewhat healthy year you save huge because of the premium difference.
The problem is that the insurance companies in the country have made insurance so confusing that most people don't take the time to educate themselves on how their coverage works and what exactly they're paying for.
Btw the company being able to raise our share by 7% whether the plan cost goes up or not is BS
Unless you take a regular expensive prescription the coverage is the same and if you run the numbers for a catastrophic year it's about the same as the Cadillac plans we have because of out of pocket max (something good from Obama care btw). In a normal somewhat healthy year you save huge because of the premium difference.
The problem is that the insurance companies in the country have made insurance so confusing that most people don't take the time to educate themselves on how their coverage works and what exactly they're paying for.
Btw the company being able to raise our share by 7% whether the plan cost goes up or not is BS
So I am just looking at this now for my family. There has to be a down side to this right? It seems silly to get another plan otherwise.
At face value it seems even if we have a "bad year" as you say we still come in under the amount we would have paid in premiums for the posb plan.
This is all assuming we don't change our habits of pretty much only going to medical services for illness, injury and check ups
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10-28-2016, 04:06 AM
#9875
Gets Weekends Off
Joined APC: Apr 2016
Posts: 195
I have a great idea, let's stop talking about the petty stuff and get back to inspiring our fellow pilots to get excited about contacting our reps to keep the pressure on the company for a contract! Anyone remember the informational picketing? Let's get back to organizing another event at Miramar, Chicago, Detroit. I thought it was a great idea to show up at the hiring events. I think we should also plan on being at the next earning report announcement. Come on guys focus on what matters.
10-28-2016, 04:10 AM
#9876
Banned
Joined APC: Dec 2009
Position: Narrow/Left Wide/Right
Posts: 3,655
I have a great idea, let's stop talking about the petty stuff and get back to inspiring our fellow pilots to get excited about contacting our reps to keep the pressure on the company for a contract! Anyone remember the informational picketing? Let's get back to organizing another event at Miramar, Chicago, Detroit. I thought it was a great idea to show up at the hiring events. I think we should also plan on being at the next earning report announcement. Come on guys focus on what matters.
10-28-2016, 05:12 AM
#9877
Banned
Joined APC: Feb 2011
Position: Bus FO
Posts: 316
If you are paying for anything other than the Diamond plan: you didn't do your homework and/or are bad at math.
My wife went to the doctor a lot this year, we (she) burned through the $2000 HRA in about 5 months, then through our flex spending acct of $1000 in a couple more months. But then our deductible of $3000 was met and co-insurance kicked in which covers 90% in-network. If anyone is steering away from the diamond plan because they are worried about what it will cover once the deductible is met: don't. We were actually surprised how good it was.
My wife went to the doctor a lot this year, we (she) burned through the $2000 HRA in about 5 months, then through our flex spending acct of $1000 in a couple more months. But then our deductible of $3000 was met and co-insurance kicked in which covers 90% in-network. If anyone is steering away from the diamond plan because they are worried about what it will cover once the deductible is met: don't. We were actually surprised how good it was.
10-28-2016, 05:26 AM
#9878
Banned
Joined APC: Feb 2011
Position: Bus FO
Posts: 316
So I am just looking at this now for my family. There has to be a down side to this right? It seems silly to get another plan otherwise.
At face value it seems even if we have a "bad year" as you say we still come in under the amount we would have paid in premiums for the posb plan.
This is all assuming we don't change our habits of pretty much only going to medical services for illness, injury and check ups
Sent from my iPhone using Tapatalk
At face value it seems even if we have a "bad year" as you say we still come in under the amount we would have paid in premiums for the posb plan.
This is all assuming we don't change our habits of pretty much only going to medical services for illness, injury and check ups
Sent from my iPhone using Tapatalk
10-28-2016, 06:07 AM
#9879
Gets Weekends Off
Joined APC: Oct 2010
Posts: 1,420
If you are paying for anything other than the Diamond plan: you didn't do your homework and/or are bad at math.
My wife went to the doctor a lot this year, we (she) burned through the $2000 HRA in about 5 months, then through our flex spending acct of $1000 in a couple more months. But then our deductible of $3000 was met and co-insurance kicked in which covers 90% in-network. If anyone is steering away from the diamond plan because they are worried about what it will cover once the deductible is met: don't. We were actually surprised how good it was.
My wife went to the doctor a lot this year, we (she) burned through the $2000 HRA in about 5 months, then through our flex spending acct of $1000 in a couple more months. But then our deductible of $3000 was met and co-insurance kicked in which covers 90% in-network. If anyone is steering away from the diamond plan because they are worried about what it will cover once the deductible is met: don't. We were actually surprised how good it was.
If you don't mind me asking what was the total out of pocket, premiums not included, for you this year? Appreciate it
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10-28-2016, 06:14 AM
#9880
Gets Weekends Off
Joined APC: Oct 2010
Posts: 1,420
I signed up thinking the same thing: that there has to be a catch. After all we work at Spirit. But we couldn't find one. We are only ~$400 shy of meeting our max out of pocket for the year and have no issues with coverage so far. She has used both in-network and out-of-network doctors. You will be responsible for the difference of the $3000 HRA and your deductible of $4500 but the savings of the premiums for the diamond plan vs the A or B plan more than covers that $1500 difference. Plus you can roll that HRA money into following years if u don't use it.
Sounding like it does work as well as it looks on paper. I am not sure what the advantages of the more expensive plans are.
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