Hi all,
I’m thinking of structuring our health care at my small business by giving everyone around $750/month flat that they can use to spend on our group health care plans. Any money that is left over (if you take the lowest plan as a single person it’d be around $200 left over each month) can be contributed to an HSA, and any money after that would be awarded through payroll (but taxed).
The reason being is it’s more “fair” for each employee. Behind the scenes, the company pays more for “higher cost” employees who have spouses, dependents or wants to opt-in for low deductible plans. So basically any single, “cheap” employee is in some way “paying” for other employees who are more expensive. So in this way, this flat model is more egalitarian.
The downsides is that employees who come from another employer who were on a family plan will end up paying more for our family plan because we don’t cover a percentage.
What are people’s thoughts?
submitted by /u/Enchiridion1984
[link] [comments]
Hi all, I’m thinking of structuring our health care at my small business by giving everyone around $750/month flat that they can use to spend on our group health care plans. Any money that is left over (if you take the lowest plan as a single person it’d be around $200 left over each month) can be contributed to an HSA, and any money after that would be awarded through payroll (but taxed). The reason being is it’s more “fair” for each employee. Behind the scenes, the company pays more for “higher cost” employees who have spouses, dependents or wants to opt-in for low deductible plans. So basically any single, “cheap” employee is in some way “paying” for other employees who are more expensive. So in this way, this flat model is more egalitarian. The downsides is that employees who come from another employer who were on a family plan will end up paying more for our family plan because we don’t cover a percentage. What are people’s thoughts?
submitted by /u/Enchiridion1984 [link] [comments]Read Morer/HealthInsurance