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XPO | Insurance

sucker666 said:
Premium Basic HSA plan for single employee only went from $0 /wk to $5.08

Hra fund plan went from $ 6.23/wk to $14.54

Ppo went from $ 9.23 / to $19.38

Family basic HSA went from $ 21.23 / wk to $43.85

Family HSA plus went from $40.85 / wk to $ 72.92

Dental went from $4.95/wk to 11.94

Coverage for a family under the HSA plus with denta and vision went from
$50.33 / week to $ 93.92. That’s an increase of $43.59 a week or $ 2,266.68 a year

And so on
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Where did you get your comparisons?

I’ll agree with you the copays went up quite a bit and the coverage will likely be reduced in some capacity.

Are there regional rates for insurance coverage for employees?

Myself as an example, I pay(family rate) 74.08/week for ppo this year. In 2018, the chart shows 78.23/week. For dental choice this year I pay 4.95/week and in 2018 the chart shows 5.45/week.

It always goes up but i don’t see the big increases you are claiming.
 
The one I show has 11.94 for dental choice family. Maybe there is some regional difference. At the bottom of our sheet it says rate insert 6 and the one I have posted says insert 3. Interesting.
 
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vppforme said:
I have rate insert 2


What group does the “MWW<1/1/17” indicate on the first pic?

Mine says “LTL,RSI”
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I have no idea to be honest with you . I was trying to figure that out. So it appears there is mutable groups that pay different rates . Doesn’t seem fair. Good if you live in a cheaper region not so if you live in higher. I going this one on the counter at work a few of the guys got it in the mail .
 
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sucker666 said:
I have no idea to be honest with you . I was trying to figure that out. So it appears there is mutable groups that pay different rates . Doesn’t seem fair. Good if you live in a cheaper region not so if you live in higher. I going this one on the counter at work a few of the guys got it in the mail .
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Between our 3 sheets, that group seems to have it the worst as far as rates go. Interesting there’s a biweekly rate/option also.
 
sucker666 said:
So it appears there is mutable groups that pay different rates.
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This seems to be the first year they're doing that- you can get rate sheets for past insurance on the portal but this year tells you to "look at your insert".

sucker666 said:
Doesn’t seem fair. Good if you live in a cheaper region not so if you live in higher. I going this one on the counter at work a few of the guys got it in the mail .
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I'd be willing to bet that the lower insurance rates correspond to the areas of the country that don't make as much. You know, that whole "cost of living" thing that everyone thinks is BS.
 
upnorth said:
Probably means it’s for ltl employees, and employees of rsi, our trailer manufacturing division.
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Sure. It was the “MWW>1/1/17” that I didn’t recognize. Does it indicate some group hired before ((greater than or earlier than(symbol >)) 1/1/17?

This notation was in the same position(on a different rate sheet that was deleted a little earlier) that the ltl,rsi is on our sheet
 
Maltman said:
It's extra money in your total benefits package. For a guy who is always talking about getting better benefits, well we just got some and I hear crickets.

And that is direct dollars in an account with your name on it, so yes I consider that income. The government is gonna tax it as income when I withdraw it
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But its just money they're giving back. If you remember they took 3% 401k match away from all of us in 2008. So its only what they took away and now giving back. And were not all getting the 3% back, only the newer employees. For those of you who can do the math but cant remember the past.
 
smokin'joe said:
Employees hired after 1/1/2010 will get 100% match up to first 3% contributed and 50% match for the next 2% contributed.
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Exactly. If ya'll remember in 2008, they took a 3% match away from all of us on our 401k. Were not getting that back. Only newer employees are getting it. It should have already been there.
 
sucker666 said:
Whatever reason that Xpo improved their 401k is a step in the right direction. Pressure from union activity , competition or out of the kindness of their hearts it’s an improvement.
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They didnt improve anything. Conway took 3% match away from us in 2008. Theyre only giving it back, and only employees hired after 2010 are getting it. Anyone hired before are not getting it. 3% match is standard at most companies. How quickly we all forget.
 
monkeywrench said:
They didnt improve anything. Conway took 3% match away from us in 2008. Theyre only giving it back, and only employees hired after 2010 are getting it. Anyone hired before are not getting it. 3% match is standard at most companies. How quickly we all forget.
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Here we go again. Blaming XPO for what Con-way did.
Please understand the 401k plan first:
Maybe this will help this was posted on this thread earlier hope this help you understand

Close- new hires get first 3 matched at 100 and next *2* matched at 50. So a total of 4, but they have to contribute at least 5% to get it.

So new hires have to put in 5%, then they get 4% from the company. And as you said, no pension.

You get 4 regardless of your contribution. But you could contribute 5%, even though you don't have to. And your pension is still there, even though it's frozen.

So you CAN put in 5%, but regardless you get 4% from the company. And you've got that pension money for a happy meal or something.

How are you not coming out ahead of the new guys in that deal? I mean, it's not technically a "match", but it sounds like the numbers come out the same. If you really wanted to get deep, we could talk about how that's a percentage of your wages and you're probably making a lot more than those new guys, at least while they're climbing the scale, so you're putting more in even if the percentage is the same.
 
Fly-by-night said:
Here we go again. Blaming XPO for what Con-way did.
Please understand the 401k plan first:
Maybe this will help this was posted on this thread earlier hope this help you understand

Close- new hires get first 3 matched at 100 and next *2* matched at 50. So a total of 4, but they have to contribute at least 5% to get it.

So new hires have to put in 5%, then they get 4% from the company. And as you said, no pension.

You get 4 regardless of your contribution. But you could contribute 5%, even though you don't have to. And your pension is still there, even though it's frozen.

So you CAN put in 5%, but regardless you get 4% from the company. And you've got that pension money for a happy meal or something.

How are you not coming out ahead of the new guys in that deal? I mean, it's not technically a "match", but it sounds like the numbers come out the same. If you really wanted to get deep, we could talk about how that's a percentage of your wages and you're probably making a lot more than those new guys, at least while they're climbing the scale, so you're putting more in even if the percentage is the same.
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I completely understand the 401k at this company. Ive been contributing for 30yrs to it. The new hires are getting more than they previously were before new enhancement. We know that. Im just not drinking the Kool Aid like you are. I see the big picture, this company is making record profits, they dont have to take anything from us, they can afford not too.
 
monkeywrench said:
I completely understand the 401k at this company. Ive been contributing for 30yrs to it. The new hires are getting more than they previously were before new enhancement. We know that. Im just not drinking the Kool Aid like you are. I see the big picture, this company is making record profits, they dont have to take anything from us, they can afford not too.
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Why do we always get blamed for drinking the Kool-aid. The real Kool-aid drinkers are the ones that thought Con-way was going to give back all those benefits they took away over the years. I do not hold XPO accountable for any so called promises made by the former Conway Exec's. I take XPO at face value and when I see that I have no more use for this company I will leave.
 
monkeywrench said:
They didnt improve anything. Conway took 3% match away from us in 2008. Theyre only giving it back, and only employees hired after 2010 are getting it. Anyone hired before are not getting it. 3% match is standard at most companies. How quickly we all forget.
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Sefl just went to a 10% match. I think OD and others are at least at 6%.
 
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