Healthcare

Your Company’s Proposed Healthcare Offer

BCTGM-represented employees currently have extremely generous healthcare coverage with the Company paying about 95% of the costs. Today’s skyrocketing healthcare costs will have serious consequences on the Company’s ability to compete and provide good, solid jobs unless a change is made. The Company’s proposed healthcare coverage is better than what many of our U.S. peer companies provide for employees in similar roles.

DEDUCTIBLE
  • A deductible is a certain amount of money paid upfront each year before your healthcare plan begins to cover your costs.
  • Once you pay the deductible amount in a calendar year, you don’t need to pay it again until the next calendar year. If another person is covered by the plan, an additional deductible will be required for the calendar year.
  • You do not have to meet the deductible for preventive care – it’s covered at 100%.
COINSURANCE
  • 90% is the amount of all covered healthcare costs paid by the plan after you meet your deductible.
  • 10% is the amount you pay after you meet your deductible up to the calendar year out of pocket maximum.
OUT-OF-POCKET MAXIMUM
  • An out-of-pocket maximum is the most you have to pay for covered healthcare costs, including your deductible, in a given calendar year.
  • Once you reach the out-of-pocket maximum, then 100% of the cost of your covered healthcare for the rest of the calendar year is paid by the plan.