METRO RO Presentation to BARGA GAINING NG Childrens Minnesota - - PowerPoint PPT Presentation

▶

Sep 07, 2022 255 likes •363 views

Financial METRO RO Presentation to BARGA GAINING NG Childrens Minnesota UPDATE MNA Bargaining Context In 2010 MNA and Childrens had a very difficult set of negotiations MNA and Childrens successfully reached an agreement but

SLIDE 1

METRO RO BARGA GAINING NG UPDATE

Financial Presentation to Children’s Minnesota

SLIDE 2

MNA Bargaining Context

In 2010 MNA and Children’s had a very difficult set of negotiations MNA and Children’s successfully reached an agreement but Nurses made significant sacrifices Since 2010 Children’s Financial Condition has substantially improved

SLIDE 3

NURSE WAGES FALL BEHIND: 2010-2018

4.00%
3.00%
2.00%
1.00%

0.00% 1.00% 2.00% 3.00% 4.00% 2010 2011 2012 2013 2014 2015 2016 2017 2018* Net Decrease Since 2010

MNA Nurse Metro COLA Increases vs Inflation

Inflation MNA contract Difference

SLIDE 4

NURSE INSURANCE PREMIUMS SKYROCKET

$103.14 $106.24 $114.74 $127.00 $159.00 $178.00 $194.00 $244.96 $247.00 $253.82 $261.42 $282.34 $314.00 $390.00 $437.00 $477.00 $548.56 $667.00 $362.20 $373.06 $402.90 $448.00 $560.00 $627.00 $685.00 $787.76 $840.00 $- $100.00 $200.00 $300.00 $400.00 $500.00 $600.00 $700.00 $800.00 $900.00 2011 2012 2013 2014 2015 2016 2017 2018 2019

Care Premium Monthly Costs, 2011-2019

Employee Only Employee +1 Family

SLIDE 5

NURSE INSURANCE PREMIUMS SKYROCKET

$55.50 $56.70 $58.40 $60.00 $65.00 $73.00 $77.00 $88.56 $130.00 $163.82 $167.10 $172.12 $178.00 $196.00 $220.00 $231.00 $265.66 $350.00 $229.86 $234.46 $241.50 $248.00 $272.00 $305.00 $320.00 $368.00 $441.00 $- $50.00 $100.00 $150.00 $200.00 $250.00 $300.00 $350.00 $400.00 $450.00 $500.00 2011 2012 2013 2014 2015 2016 2017 2018 2019

Choice Premium Monthly Costs, 2011-2019

Employee Only Employee +1 Family

SLIDE 6

NURSE INSURANCE PREMIUMS SKYROCKET

$45.50 $45.96 $47.34 $48.80 $54.00 $60.00 $60.00 $69.00 $86.00 $116.16 $117.32 $120.84 $125.00 $135.00 $151.00 $151.00 $173.00 $231.00 $162.98 $164.60 $169.54 $175.00 $190.00 $213.00 $213.00 $244.96 $292.00 $- $50.00 $100.00 $150.00 $200.00 $250.00 $300.00 $350.00 2011 2012 2013 2014 2015 2016 2017 2018 2019

HSA Premium Monthly Costs, 2011-2019

Employee Only Employee +1 Family

SLIDE 7

$569,435,000 $589,529,000 $652,418,000 $718,816,000 $794,466,000 $827,180,000 $880,196,000 $895,363,000 $949,732,000 $- $100,000,000 $200,000,000 $300,000,000 $400,000,000 $500,000,000 $600,000,000 $700,000,000 $800,000,000 $900,000,000 $1,000,000,000 2010 2011 2012 2013 2014 2015 2016 2017 2018

Children's Revenues, 2010-2018

CHILDREN’S REVENUES GROW

SLIDE 8

NURSES CONTRIBUTE TO FINANICAL SUCCESS OF CHILDRENS

$2,167,000 $1,818,000 $9,924,000 $18,339,000 $33,233,000 $48,876,000 $36,160,000 $25,973,000 $51,433,000 $- $10,000,000 $20,000,000 $30,000,000 $40,000,000 $50,000,000 $60,000,000 2010 2011 2012 2013 2014 2015 2016 2017 2018

Children's Operating Income, 2010-2018

SLIDE 9

Our Expectations

MNA Nurses Desire to reach a fair an equitable agreement that:

1. Addresses the sacrifices they have made on behalf of the hospital 2. Recognizes the economic value of their work as professionals 3. Addresses out of control insurance premium costs