Medium sized company is offering my best friend Mark the following: PPO, family monthly premium is $645, he has to pay that monthly! with co-pays, etc, = but employer pays 25% of premium. I never heard of such a policy. Does this sound right? I thought if you get employer paid healthcare you only pay a small premium, work in plan and pay copays. Can someone explain this to us?? What is the point?
2007-10-13 01:45:34 · 3 answers · asked by Anonymous in Health ➔ Diseases & Conditions ➔ Other - Diseases
I'm guessing that part of the equation is this: shopping on the market, they will look at age, chronic bad conditions, poor health, etc, whereas the employer offered policy is the same no matter your age or health - is that right??
2007-10-15 04:29:05 · update #1
Does the typical Employer PPO look this bad? Or is this a particularly bad one? That's the real question.
2007-10-15 04:30:38 · update #2
Insurance is EXPENSIVE. More and more employers are shifting the cost to the employee because they cannot afford it. That is why we are in desperate need of healthcare reform.
Talk to your bank about opening a healthcare account for your family. These are tax deductible expenses. If you manage this properly it may be better for you to set money aside monthly to cover the cost of medical expenses. Negotiate with your healthcare providers to a lower rate for private pay.
It's outrageous isn't it.
2007-10-13 02:43:00 · answer #1 · answered by Jackie Oh! 7 · 0⤊ 0⤋
Well this amounts to about $3.00 an hour out of his pay. A Puma for two people is as much as $750.00 with no co-pay so, don't complain.
Health policies are a premium when it comes to a job. The better the insurance the better the working conditions. What are the extras IE: dental, eyes, etc?
That amounts to about what my social security pays it's about a 80/20 and if I add the premiums of $29.00 a month and the $ 98.00 the government charges for the policy it's more like a 50/50 so, don't get old.
2007-10-13 01:57:55 · answer #2 · answered by cowboydoc 7 · 0⤊ 0⤋
Is that the only choice your friend Mark has for insurance?
There certainly might be less expensive options on the
free market individual coverage.
Email me if your friend Mark does not take what is offered
at work, I'll give you suggestions.
2007-10-14 15:02:31 · answer #3 · answered by Anonymous · 0⤊ 0⤋