Looking for some input here.
I am a very small place with less than 15 guys on my health plan and 3 others that opted out (I pay them more if they have other coverage). The rest are either part time or haven't been here long enough yet (90 days). Anyway, here is what we currently pay.
100% of employee coverage for health. There is no employee copay for the insurance.
No dental or optical (they can pay for)
Family coverage is at their expense
$10 prescription co pay
$15 visit copay
All emergency visits (fever to sprained ankle to decapitation
) totally free.
I think there is like a $1000 maximum out of pocket for them a year.
So in a company this small, where does it rank as a plan? The reason Iask is that I use to pay maybe $2k a month in premiums and now I am paying nearly $5k a month
Now work that out and thats an increase of $36,000 a year I've given in "raises".
The problem is my guys don't really know I've picked this up and hence don't likely appreciate it. I may give them all big raises and let them pay their own? I don't know, what do you guys think? I'm just looking to kick this ball around a little if you know what I mean.