How much of your health insurance does your employer pay?

[Randomguy]

?

[jsharr ★]

one hundred percent

[ChrisL]

100% for me 50% for dependents.

[shootingstar]

21 minutes ago, Randomguy said:

?

Ok...I looked up for the past 3 years  (in our organization we can see the split of different benefits:  payroll, pension and health).  

Please note:

I am in Canada. I strongly suspect many healthy young Canadians take for granted our public health care insurance system.  I did when I was in my 20's. 

I am a fairly fit person so far.  Employer paid annually in last 2 years :  $3,000.   That's all. Keep in mind it for me: it covered for what I used/needed:  2 dental care visits/cleaning, vision, orthotics and some prescription drugs.  The year of my accident, $500.00 covered ambulance transportation when I was in another province, etc.

I think potentially our health care benefit can cover around $30,000 at least and more.  There is coverage for cancer, under certain conditions but I am not sure what it covers.  That was recently added to our pkg.  Our pkg. with limits covers physio, wheelchair, etc. 

My employer covers for 3 month disability leave:  90% salary.  After that it is 60% salary.  I know this explicitly, because my concussion required major medical rehab for myself.

Please understand routine lab tests, cardio stress tests, colonscopy, mammogram/ultrasound.... I (nor others who don't work like dearie), didn't have to pay out of pocket as a Canadian.  Of course, paid through our income taxes. Fine with me.  And if need it covid-19 testing, etc.

So if it sounds, like our pkg. is low...it's probably one of the better benefit pkg. 

[maddmaxx ★]

Womaxx's has to pay more each year for the same insurance plan to cover both of us.  Additionally we both have Medicare part A as backup for hospital stays.  Once she retires we will have to bite the bullet and pay for part B and perhaps C and D.

[Randomguy]

6 minutes ago, shootingstar said:

Ok...I looked up for the past 3 years  (in our organization we can see the split of different benefits:  payroll, pension and health).  

Please note:

I am in Canada. I strongly suspect many healthy young Canadians take for granted our public health care insurance system.  I did when I was in my 20's. 

I am a fairly fit person so far.  Employer paid annually in last 2 years :  $3,000.   That's all. Keep in mind it for me: it covered for what I used/needed:  2 dental care visits/cleaning, vision, orthotics and some prescription drugs.  The year of my accident, $500.00 covered ambulance transportation when I was in another province, etc.

I think potentially our health care benefit can cover around $30,000 at least and more.  There is coverage for cancer, under certain conditions but I am not sure what it covers.  That was recently added to our pkg.  Our pkg. with limits covers physio, wheelchair, etc. 

My employer covers for 3 month disability leave:  90% salary.  After that it is 60% salary.  I know this explicitly, because my concussion required major medical rehab for myself.

Please understand routine lab tests, cardio stress tests, colonscopy, mammogram/ultrasound.... I (nor others who don't work like dearie), didn't have to pay out of pocket as a Canadian.  Of course, paid through our income taxes. Fine with me.  And if need it covid-19 testing, etc.

So if it sounds, like our pkg. is low...it's probably one of the better benefit pkg. 

Crap, never mind, I forgot you were in Canada!

[bikeman564™]

I don't know what the company pays, but I pay a weekly pre-tax amount, which is <0.5% of my pay.

[shootingstar]

16 minutes ago, Randomguy said:

For just your monthly coverage, what do you pay and what does your employer pay?

I have to look at our benefits online which is actually publicly available:  that's what it means to be part of the public sector. Transparency.  

From Jan. to early May,  I paid:  $1,094.00  which included disability insurance.  Keep in mind, that amount is what I used.  So far I haven't had a dental nor vision appointments, stuff. Covid is messing up appts.

Employer portion paid for all above benefits:  $2,528.00

So look...go public universal health insurance system might actually save U.S. employers....ALOT of moolah.  

Now you know for covid infection, I'd rather be detained in CAnada.

[Randomguy]

17 minutes ago, shootingstar said:

So look...go public universal health insurance system might actually save U.S. employers....ALOT of moolah.  

Now you know for covid infection, I'd rather be detained in CAnada.

It would definitely save Americans a lot, as well as the corporations.  I really am a bit surprised some companies aren't pushing for universal as a way to cut corporate healthcare costs.

[Kzoo]

100%.  We have always paid 100% of our employees' health as well as short term and long term disability premiums.  Health insurance is one of those things that you cannot discriminate with.  All employees (FTE) must be treated the same.  You can discriminate with some benefits but not health insur.

 

[ChrisL]

4 minutes ago, Kzoo said:

100%.  We have always paid 100% of our employees' health as well as short term and long term disability premiums.  Health insurance is one of those things that you cannot discriminate with.  All employees (FTE) must be treated the same.  You can discriminate with some benefits but not health insur.

 

Right, except not all employers pay the same towards medical.  My last employer was 50% employee, 0 for dependent.  I got a huge pay increase with this job and it had nothing to do with salary... I was paying a crap ton more for medical...

[Kzoo]

1 minute ago, ChrisL said:

Right, except not all employers pay the same towards medical.  My last employer was 50% employee, 0 for dependent.  I got a huge pay increase with this job and it had nothing to do with salary... I was paying a crap ton more for medical...

Agreed and good for you.

 

 

[Kirby]

We have a variety of plans and you pay different amounts based on which plan you choose.  I think one of the plans is the preferred one and that one is more heavily subsidized.

[12string]

I believe they may about 80% of it.

[Wilbur ★]

I have no idea.  I only see the total benefits costs and I pay for Long term disability so it isn't taxable if I have to draw on it. 

[Longjohn ★]

When I was working I paid about $300 a month and my employer paid about $1,000.

[Airehead]

Not much. We are a nonprofit. 50% of the cheapest plan.  We lose teachers all the time because  5

[Guest]

About 75%. My share is payed pre-tax.

[2Far ★]

Dunno, but I pay $69/week for me+1 for BCBS, medium deductible, 15/30/70 RX splits.

My last company cost me $199 a week for Me+1+family.

I also get STD, LTD & 3 x salary LI paid for by the company.

Downside, our 401k match is only 3.5%

[Square Wheels]

80

[petitepedal ★]

I would have to look it up...pay a lot less than I use to since we went to ADP for benefits...and it was more based on your  age back then as well..that changed so everyone pays the same dollar for the same policy

[Mr. Silly]

4 hours ago, shootingstar said:

Ok...I looked up for the past 3 years  (in our organization we can see the split of different benefits:  payroll, pension and health).  

Please note:

I am in Canada. I strongly suspect many healthy young Canadians take for granted our public health care insurance system.  I did when I was in my 20's. 

I am a fairly fit person so far.  Employer paid annually in last 2 years :  $3,000.   That's all. Keep in mind it for me: it covered for what I used/needed:  2 dental care visits/cleaning, vision, orthotics and some prescription drugs.  The year of my accident, $500.00 covered ambulance transportation when I was in another province, etc.

I think potentially our health care benefit can cover around $30,000 at least and more.  There is coverage for cancer, under certain conditions but I am not sure what it covers.  That was recently added to our pkg.  Our pkg. with limits covers physio, wheelchair, etc. 

My employer covers for 3 month disability leave:  90% salary.  After that it is 60% salary.  I know this explicitly, because my concussion required major medical rehab for myself.

Please understand routine lab tests, cardio stress tests, colonscopy, mammogram/ultrasound.... I (nor others who don't work like dearie), didn't have to pay out of pocket as a Canadian.  Of course, paid through our income taxes. Fine with me.  And if need it covid-19 testing, etc.

So if it sounds, like our pkg. is low...it's probably one of the better benefit pkg. 

This is like 'Healthcare Porn' to us Americans.  Now could you write about how you had 90% healthcare salary for 3 months followed by a 60% salary?  Slooowwwwly please.

[Dirtyhip]

I think they pay 95% of mine and my family members.  We get a small penalty charge, because my husband opts out of his policy.  Their policy is not as good as mine.  I think he would pay several hundred more a month on his.  

[shootingstar]

1 hour ago, Airehead said:

Not much. We are a nonprofit. 50% of the cheapest plan.  We lose teachers all the time because  5

Air...different groups of publicly funded teachers in different provinces belong to different unions and pension plans.  I am aware the teachers in Ontario have an incredible pension, powerful fund. I don't know about the rest of their benefits.  

Above, the cost my employer covered me, was just for (relatively healthy) me. No children.   Doesn't include dearie...he has a fantastic retirement health care benefit plan....which is VERY rare now for private sector employers (national oil firm) to provide.  

For others, I am enrolled in a mid-range plan (which I will miss when I retire. But then I hope not to all get all those sicknesses/aids later I life, in 1 fell swoop.).  Sure I know of some folks who have not retired, but they could financially....except they need some of the add on health care costs.

I stress:  for a Canadian with their govn't health insurance card ID, getting a heart stent, heart implant via day surgery....  not charged out of pocket.  there maybe some drugs where one must pay in whole or partially.  But not the surgery/time itself.  Dearie will need cataract eye surgery within 1 year.  No, he will not be charged for the surgery itself nor has he been charged directly for seeing opthamologist for 3 different assessment appointments over the last 2 years.

Yes, of course as CAnadians  are paying via income tax.  I'm not bitchin' at all. Not all.  Maybe it's because I have siblings who work in health care and I know certain things/treatments or because I have family members who have had certain conditions over the years...  It also helps that I've been unemployed several times and know what health care I got vs. what I had to pay.

 

[Further]

I pay 104.00 a month for a pretty good 80 / 20 plan.

Contract is up in July and that will probably change  

[shootingstar]

41 minutes ago, Mr. Grumpy said:

This is like 'Healthcare Porn' to us Americans.  Now could you write about how you had 90% healthcare salary for 3 months followed by a 60% salary?  Slooowwwwly please.

The disability coverage is just for what my employer provides through our corporate health insurance company.  Absolutely not applicable/common in other employer company plans.

There is no national nor provincial health care insurance plan to cover short term nor long term disability which takes you away from your job. 

[shootingstar]

To add to what my employer co-paid for me (near beginning of Random's thread here) based on set amount and what I actually used: So from Jan. - early May, $1094.00 was lopped off my pay cheque for health care....included premium regular insurance payment plus additional costs I had to pay directly.  It's not worthwhile for me to bitch and become so short-sighted, because for times I really needed health care, I got it and never had think about personal bankruptcy. 

[Ralphie ★]

I think it is roughly 80%.  We have a High Deductible plan with a low premium but it can cost up to $9000 oot of pocket, and there is something like $2800 deductible before the co-pays go down to something reasonable.  Snot good, but could be worse I guess.  I like the HSA a lot better than the old FSA where you had to predict what you would spend a year - that was damn near impossible and just stoopid.

[Tizeye]

5 hours ago, bikeman564™ said:

I don't know what the company pays, but I pay a weekly pre-tax amount, which is <0.5% of my pay.

If you quit your job...what is the COBRA payment that would be offered to you. That is how much your employer pays, plus a small admin fee.

It always amazes me that people tout that they pay nothing for health insurance. In reality, they have a running liability that their employer picks up until they are no longer employed.

[bikeman564™]

8 minutes ago, Tizeye said:

If you quit your job...what is the COBRA payment that would be offered to you. That is how much your employer pays, plus a small admin fee.

It always amazes me that people tout that they pay nothing for health insurance. In reality, they have a running liability that their employer picks up until they are no longer employed.

I don't know the answer

[Tizeye]

1 minute ago, bikeman564™ said:

I don't know the answer

That is just it. HR could tell you...and probably should tell everyone what their employer is paying for that benefit.

Then there is another issue. Double Dipping with a dual tax deduction. 1) with the employer, employee benefits are a tax deduction reducing taxable income. With the employee, it is tax free phantom income. In other areas, like savings bonds that pay at maturity, the government already taxes the accrued income, referred to as phantom income, even though you only receive the interest at bond maturity. What if the government eliminated the double dipping by either eliminating the employer's deduction or taxed the employee on phantom income received. With the employers, there would be no incentive to cover medical insurance shifting the cost to the employee. The reverse, employer retains the deduction but the employee, using a hypothetical $1000/mo, suddenly has a $12,000 phantom income added to their taxable income. I can just hear the screaming now!

[bikeman564™]

26 minutes ago, Tizeye said:

That is just it. HR could tell you...and probably should tell everyone what their employer is paying for that benefit.

 

Yes, and may have. I don't recall the number if they did.

[JerrySTL ★]

0% but that's my choice. Being retired military, I got TRICARE until I turned 65. Then I got Medicare plus TRICARE for Life as my secondary insurance. I could have bought in to the company's health care benefit, but didn't need to do so.

[Ralphie ★]

220, 221, whatever it takes. 

[MickinMD ★]

When I was working it went from 100% to 85% in the 90's.  After I retired I got 75% subsidized regular then Medicare Supplemental Carefirst-BCBS near-Cadillac heath & prescription insurance and pay the full, extremely-low price for Vision and Dental. - they're about $12/month together.

Even more important is the unfair fact that those of us working for very large employers generally pay a lot less for the same coverage. I was fortunate to work for the nation's 36th largest school system (they're county-wide in Maryland) with tens of thousands insured so my 75%-subsidized, near-Cadillac coverage costs me only $170/month including Dental and Vision with Dental covering up to $1500 in work and $20/visit copay and vision paying about $200 toward new glasses every other year with $20/visit - though my family's history of macular degeneration (I have none) and my history of higher intraocular pressure and type-II diabetes lets me see an ophthalmologist every 6 months under my medical plan for $15/visit.  I keep the $5/month vision plan mostly as glasses insurance.

[dinneR ★]

15 hours ago, Tizeye said:

If you quit your job...what is the COBRA payment that would be offered to you. That is how much your employer pays, plus a small admin fee.

It always amazes me that people tout that they pay nothing for health insurance. In reality, they have a running liability that their employer picks up until they are no longer employed.

Prepare to be amazed. I'm not touting anything, but they pay for my policy as part of my compensation. They also kick into my HSA.

[Tizeye]

6 hours ago, dennis said:

Prepare to be amazed. I'm not touting anything, but they pay for my policy as part of my compensation. They also kick into my HSA.

Any why do they do that? Really simple. It is not out of the goodness of their hearts, rather the 3 "R"s of personnel - Recruit, Retain, Retire. Having a solid benefits package supports the recruit and retain portions.

[dinneR ★]

1 hour ago, Tizeye said:

Any why do they do that? Really simple. It is not out of the goodness of their hearts, rather the 3 "R"s of personnel - Recruit, Retain, Retire. Having a solid benefits package supports the recruit and retain portions.

I never said they did it out of the goodness of the heart. I said it was part of my compensation.