a family of 3? does the cost go up per insured or is there just family coverage and individual?
2007-01-05 07:25:00 · 6 answers · asked by Mark 1 in Business & Finance ➔ Insurance
Employee only
Employee and spouse
Employee and child (you and all of your children)
Employee and family (you, spouse and all of your children)
It doesn't matter if you have 1 child or 6. The price is still the same. (Anthem)
2007-01-05 07:30:08 · answer #1 · answered by ticktock 7 · 1⤊ 0⤋
this is my take on the situation. When people apply for health insurance they fill out an application. The insurance industry determines the ages, the past health and the probability of the family (because of the ages) getting sick, and then they have different price ranges determinant on those factors. They are betting that the people they insure won't get sick, and weighing that against those who do get sick so that their company will be profitable, and/or profitable even if several people got ill at once so their company won't go under. I would suggest you check the internet and see what companies sell the type of health insurance that you want and need, and then discuss that with their agent of the company you choose. Not all companies are the same, not all insure the same. Just make sure that you get a good well named company that you know from your contacts that does give the service you need at the price you can afford.
2007-01-05 15:31:24 · answer #2 · answered by sophieb 7 · 0⤊ 0⤋
It depends on the deal the company negotiated with the insurance company. Most companies charge their employees the same rate for familes of 3 or greater.
2007-01-05 15:31:23 · answer #3 · answered by dundalk1 3 · 0⤊ 0⤋
Our company's insurance provider (United Healthcare) charges for each dependant, there is not a group rate.
So 4 is more expensive than 3.
2007-01-05 15:30:11 · answer #4 · answered by T H 4 · 0⤊ 0⤋
your employer can tier your rates according to what they find easiest, meaning....
employee only
employee +1
employee +2 etc...
or they could just tier their rates (meaning payroll deductions) according to employee and employee + family. in that case it doesn't matter if you have 1 dependant or 8, your payroll deductions will be the same. of course the more children you have the higher the premium is for the company to pay for you and your family to have insurance, but it all depends on how your company passes along the cost to it's employees.
2007-01-05 15:34:39 · answer #5 · answered by kimmy 2 · 0⤊ 0⤋
It depends on the plan - some plans you pay for each individual person covered, some plans you pay single, couple, or family rates. There's no one easy answer to this.
2007-01-05 16:03:49 · answer #6 · answered by zippythejessi 7 · 0⤊ 0⤋