About how much would full health insurance cost for a business with about 8 employees? More info...?

Question

For a school project we have to create a business plan, we are going to give our employees health insurance, but we are unable to get quotes from insurance places without signing up with their website.

We just need an aproximate estimate, per employee per month.

Any help would be appreciated, even links where we might be able to find more info.

THanks in advance!!!

Answer 1

At my company, which has 20 employees, insurance is HIGH.
I contribute $100/paycheck. I'm paid semi-monthly (twice/month). It's just me on the policy. The company contribute $600/month. I'm currently in Texas.

When I lived in Virginia and I saw the bill for the medical insurance, for singles it was $400/month. It's just getting higher and higher.

Single employees, you're looking at $200/month. For a family, closer to $400-500/month.

Answer 2

I am not sure what state your company is headquarted at, but I can give you some group rates in california- In los angeles CA, rates are delivered for small groups 2-50 employee's, they are also rated by age bands and plan designs, each carrier offers several different plans- up to 20 plans from each carrier. Pre-paid plans (called HMO's) are the most expensive, and then PPO plans (deductible plans) higher the deductible the lower the premiums. So what does all mean in plain ole fashioned english?.. that you can purchase a high deductible plan for an employee aged under 30 for about 100.bucks a month, HMO plans range from approx. 230. bucks a month for employee aged under 30, as your employees get older the price goes up!.. and add on additional costs for dependents.

Answer 3

I work for a health insurance company in NJ. There is no real "average" cost because it all depends on what kind of plan. If you tell me what kind of plan you want I can run it for you. A single rate is usually around $300-$400.. A husband/wife is usually around $700-$800.. A parent/child is usually around $600-$700 and a family is usually over $1000. These are just estimates. If you need more help let me know.

Answer 4

Well, I pay about $50 a pay check for my health insurance and my boss pays 80% of the premium for me. So, that is $100 a month for me and $500 a month for him. And that is just for me. If an employee signs up for himself +family it is WAY higher.

Answer 5

as quickly as I owned a employer, I paid for wellness and life coverage for all workers. they did no longer pay something. yet each and each 12 months, I had to spend a brilliant number of time procuring for yet another coverage enterprise with the aid of fact the rates for the single I had might bypass up 25 % each 12 months. different than myself, all human beings become unmarried with out infants. Being unmarried they does no longer be lined for maternity in the event that they have been given pregnant. so as that become a coverage i did no longer choose. so as that saved some funds. to maintain the charges decrease, I had to develop the deductible. to cover that I gave each and each worker a $500 a 12 months scientific allowance. That lined the deductible yet additionally could be used for eyeglasses and dental or perscriptions. i do no longer think of every person ever reached the decrease in numerous years. component to Obama care is preventative drugs. The Dutch have a equipment like that and that they are the healthiest u . s . interior the international. A Dartmouth learn surveyed the whole u . s . and found the places with the low-cost wellness care. It become a city in Colorado which Obama visited. that's the type for the plan. It contains a brilliant number of undemanding experience suggestions yet all human beings is roofed by ability of that cities scientific plan whether people who haven't any coverage. to cut back expenditures for scientific care, we could get the indoors maximum coverage companies out of the employer. they are ripping all human beings off and paying their executives 25 million greenback bonuses each 12 months. no one expects wellness care to be unfastened. we can all pay for it one way or yet another. What we expect is high quality wellness care that isn't bankrupt us if we want a significant operation or scientific technique. And we expect people who won't be able to have sufficient funds scientific therapy to get the comparable care as people who can. to no longer cover the least individuals is to disclaim them their suitable to life. that could be a undemanding guiding principle of our shape.

Answer 6

Roughly $1000 per month for a single worker. $2500 with family