Spirit of NKS, Part II
10-27-2016 | 01:57 PM
#9891
Line Holder
Joined: Feb 2007
Posts: 1,445
Likes: 1
From: Airplanes
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
10-27-2016 | 02:04 PM
#9892
Line Holder
Joined: Jun 2006
Posts: 1,600
Likes: 33
You can also carry over a max of $12k from previous years. Great program, 3 years running and $75k in insurance spent in 2015. Signing up again this year.
10-27-2016 | 02:19 PM
#9893
ULTP-Ultra Low Tier Pilot
Joined: Dec 2007
Posts: 3,228
Likes: 0
HRA keeps carrying over too. So after a few years I have enough banked to cover the deductible and max out of pocket. So basically it covers you 100% for a catastrophic event.
Which lets be honest, is the main reason for health insurance.
Which lets be honest, is the main reason for health insurance.
10-27-2016 | 02:36 PM
#9894
Line Holder
Joined: May 2015
Posts: 487
Likes: 24
huh? If you HRA balance covers your deductible AND your max out of pocket that means you don't pay for ANYTHING. I have the HRA plan with a balance of $2000. ($1000 per year for 2 years). My deductible is already met ($1500). If I go to to the doctor for anything im not out of pocket anything. the deductible is already met. Im single and pay $15 a paycheck for insurance where spirit puts in $1000 a year, and my deductible is $1500.. and y'all are calling that bad? this is insanely good insurance.. my max out our pocket in net work is $2500 and i already have a balance of $2000... on January 1st.. Ill have $3000... i have ZERO complaints about our insurance
10-27-2016 | 02:40 PM
#9895
ULTP-Ultra Low Tier Pilot
Joined: Dec 2007
Posts: 3,228
Likes: 0
huh? If you HRA balance covers your deductible AND your max out of pocket that means you don't pay for ANYTHING. I have the HRA plan with a balance of $2000. ($1000 per year for 2 years). My deductible is already met ($1500). If I go to to the doctor for anything im not out of pocket anything. the deductible is already met. Im single and pay $15 a paycheck for insurance where spirit puts in $1000 a year, and my deductible is $1500.. and y'all are calling that bad? this is insanely good insurance.. my max out our pocket in net work is $2500 and i already have a balance of $2000... on January 1st.. Ill have $3000... i have ZERO complaints about our insurance
Ol Gunga was the one complaining and referencing incorrect numbers while he did it, I had to correct him with his numbers.
10-27-2016 | 02:42 PM
#9896
Line Holder
Joined: May 2015
Posts: 487
Likes: 24
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
#9897
ULTP-Ultra Low Tier Pilot
Joined: Dec 2007
Posts: 3,228
Likes: 0
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
#9898
Line Holder
Joined: Nov 2015
Posts: 1,864
Likes: 178
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
#9899
Line Holder
Joined: Oct 2010
Posts: 1,499
Likes: 0
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
#9900
Gets Weekends Off
Joined: Apr 2016
Posts: 197
Likes: 0
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.
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