Metropolitan Auto Insurance Schaumburg

Dispatch strike averted; 5-year contract reached

The Northwest Central Dispatch System and the union representing its distributors agreed to a five-year contract at about 1 o'clock Thursday, averting a strike that could have started after 17 hours that day.

Dispatch center management and representatives of the Alliance of the Metropolitan Police Chapter 540 met with a mediator for about 11 hours Wednesday and Thursday, before announcing they had a tentative agreement.

The parties agreed to raise this amount to 8.25 percent over five years, said Rick Tracy, a member of the Board of WFP.It's a little less than 2 percent of the year that the union wanted.

This is the first collective agreement since the distributors organized. It is retroactive to 2009, when negotiations began, and 67 employees received retroactive increases.

The contract will be renegotiated in three years.

Union members will vote on the contract in a few weeks, said Tracy. If they agree, the board will vote allocation system.

September non-economic issues - like how many people are on vacation at a time and how far in advance, shall be provided, as well as issues around voluntary overtime - will be presented to and accepted as a referee part of the contract once they are decided, said Tracy.

Ken Fritz, chairman of the board system, said he did not believe the threat of a strike led to a settlement.

Tracy disagree.

"The threat of strike had everything to do with the settlement," he said."Up to this point we probably agree on 60 to 70 percent of the substance, and management had no desire to resolve anything else."

After the strike vote, management is back with an offer of the Union could work with, he said.

The union accepted the offer of wages council and insurance, said Tracy, saying the system could change its insurance coverage as long as is reasonably the same.

In a statement released Thursday morning, Northwest Central, described the agreement as "a fair proposal that reflects our commitment to our employees and our obligation to provide an essential service at a reasonable cost to taxpayers.

The ObamaCare 9% Plan | RedState

(HT: New York Times)

So let’s imagine a scenario here. An industry consisting of large, partially-regulated firms sells to a group of individuals with limited purchasing power. The production cost of the product can be expected to rise by 5% a year. If 7% profit is what most people consider to be fair and honorable, an annual price increase of 5.3% to 5.5% is probably not an irrational expectation.

The industry in this example is health insurance, the consumers are small businesses and the product that grows in cost by about 5% per annum is group employer plans to cover small-business workforces. A funny thing happened on the way to the forum. Prices went up 9% this year, not 5.5%. The difference is causing people already disinclined to like private insurers to loudly pound the table for the further socialization of the medical sector.

In a simple free-market, a cartel of insurers could enjoy maybe seven fat years. At that point, reality would intrude on this cartel the way it did on OPEC during the 1980’s oil price crash. If 7% is considered a fair and honorable profit, I will not tend to buy the product of someone who is deliberately manipulating a market for 80% profit instead. Innovations will occur, policies will change, and that cartel of health insurers will then endure seven or more lean years after all the small businesses drop them like a life-threatening heroin habit.

Obviously, something must be badly askew. Insurers hire as actuaries some of the smartest mathematicians currently working in the United States. What would permit them to even think they could get away with attempting this sort of a bunco scheme? Something is, in fact, askew, and the insurers are engaged in a government-fueled arbitrage trade against the American taxpayer.

Under the aegis of the ObamaCare Law, the Federal Government concerns itself censoriously with spikes in health insurance costs – when they exceed 10%. Also, under the same law, they offer small businesses a way to drop these insurers the way a successfully-reformed junkie kicks Mr. Brownstone. Just pay a $2,000 per capita fine, and the pool of employees requiring insurance get dumped onto a government-sponsored cartel; oops, I’m sorry, exchange.

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