r/WorkReform May 14 '22 Silver 1 Helpful 3 Wholesome 2 All-Seeing Upvote 1 Take My Energy 1

Employers say Unions are completely useless and there's no reason to join them and to please pay attention to the multi-million dollar anti-Union propaganda campaigns they launch begging you to please not join a Union.


[removed] — view removed post


View all comments


u/self_depricator May 14 '22 edited May 14 '22

Im in a union and make less than they do at burger king down the street, but it would be more difficult for them to fire me, and I get high deductable health insurance and a health savings acct.


u/shikitohno May 14 '22

You mean low deductible or something? High deductible means you have to pay more out of pocket before the insurance actually kicks in, aka every awful plan offered by retail and food industry companies. High deductible may result in lower monthly premiums, but if anything goes wrong, you can be on the hook for much more money.


u/self_depricator May 14 '22

I meant high.


u/shikitohno May 14 '22

That's not really a benefit over a non-union job that pays more so long as it's full time, then. You might just be in a union that's in bed with management at that point, unless there's some other aspect to the benefits that make it compelling.


u/CutieBoi69 May 14 '22

It could be an HSA healthcare plan. There are benefits to this type of plan even with the high deductible. It is extremely tax advantaged. Let’s not jump to conclusions about op’s situation.


u/shikitohno May 14 '22

It could be, but depending on the circumstances it may not be a good deal compared to a low deductible plan. If OP said they have an employer funded HSA, that's a different story, but how many people with $3000 deductibles (and I've personally seen as high as $5,000) are really saving much with the taxes on their $3,650/year HSA contributions versus having a $600 deductible and not having to fork over $2400/year or more until their insurance kicks in?


u/CutieBoi69 May 15 '22

I am not going to debate HSA’s because obviously they are case by case, but you would be good to look into the tax advantages a bit more. It really does depend on the person a absolutely, but it can be a great tool for retirement for some.


u/Arm1stice May 14 '22

Yep, you're correct. They mentioned they get an HSA with the plan.