OnePercenter
Gold Member
- Apr 10, 2013
- 23,667
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We have a couple hundred employees and our increase was 37%. This was a very tough year. In addition, the lowest deductible plan is no longer available. Medication copays went up $5 per tier and the formulary has changed to move some drugs to higher tiers. We have Aetna. The company absorbed 20% of the increase. The employees will see the other 17%.
What State and what policy name?
FYI: Employee contribution is code word for employer slush fund.
No, employee contribution is the portion that is paid by the employee. I know that anti-employer types on the left think that healthcare insurance should be free. Free is just a code word for paid for by someone else. All of our employees can look a their Paycom statement and see exactly how much the company is paying for their healthcare insurance and how much they are paying. We don't hide it. The company is paying 74% which is pretty generous.
Since you won't answer a very easy question, let me help you with your ignorance.
-How do you know if the companies cost went up or how much the company is paying for healthcare insurance?
-Have you actually seen and read the policy contract?
-How do you know that the employee contribution actually pays for insurance?
-Is the employee contribution taken out pre or post tax?
-Why is a company with 'a couple hundred employees' taking a 37% increase?