UPS vs. FedEx on Insurance Costs

We find ourselves once again faced with "open enrollment" time at FedEx Express for our insurance coverage.

It appears once again we are being given the opportunity to "pay more for less." Our costs will be going up and our coverage is diminishing. Depending on what plan you opt for and what insurances you sign on to, deductions from our paychecks will apparently go up yet again.

I am sure you all have seen the in-dept breakdown of how our costs have gone up while coverage has diminished. This breakdown over a 5 year period 2003 to 2008 should turn your stomach. Our company took benefits from us while earning record profits. Our only choice to stop this “benefit bleed” is to form a union. If you don’t think that will change things, take a look at the comparison of insurance costs between UPS and FedEx. We think it will change your mind about what a union can do for you. Look what the UPS Teamsters have brought to their families. Go to the most recent issue Nuts & Bolts here to check out the charts and compare for yourselves.

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