General Discussion

rsmith6621

(6,942 posts) Tue Jul 23, 2013, 12:39 AM Jul 2013

So Anyhow... More on The Affordable Healthcare Act

I started a new job today. During the 1st module of training we talked about company, culture,history, filled out some papaerwork and talked about sexual harassment... We also talked about the company healthcare plan and cost.

Its a great healthcare plan and has very low deductible and O O P expenses with the office co-pay waived so basically our cost to use it is very little, VERY NICE.

The only problem is it cost about 1/3 of the monthly salary for an employee and spouse, I cant afford that as my spouse is not working.

During the next break the class was outside and talking about that. So of course with my political knowledge I told the group to hold off enrolling in it until Washington State starts its Medicaid enrollment in October and see what the cost will be. We don't need to have the paperwork in to HR until Oct 31st.

I have come to the conclusion the company has the cost high so that many employees decline coverage,am I wrong to think that?

3 replies

= new reply since forum marked as read

Highlight:

So Anyhow... More on The Affordable Healthcare Act (Original Post) rsmith6621 Jul 2013 OP

In WA you'd have to make just under $15k to qualify leftstreet Jul 2013 #1

You could be right Schema Thing Jul 2013 #2

check your options... zeos3 Jul 2013 #3

leftstreet

(36,110 posts)

1. In WA you'd have to make just under $15k to qualify

Reply to rsmith6621 (Original post)

Tue Jul 23, 2013, 12:51 AM

Jul 2013

...for a single person

It's abt $30k for a family of 4

Schema Thing

(10,283 posts)

2. You could be right

Reply to rsmith6621 (Original post)

Tue Jul 23, 2013, 12:56 AM

Jul 2013

otoh, that kind of insurance IS expensive, even to a large group.

zeos3

(1,078 posts)

3. check your options...

Reply to rsmith6621 (Original post)

Tue Jul 23, 2013, 01:53 AM

Jul 2013

I'm not sure what the company's motives are but the insurance sounds expensive. Any time you have low deductibles and OOP costs, prepare to pay for it in the premium.

Ask how much it is for employee only coverage (without your spouse). Generally, employers pay for all (or at least a portion) of the employees premium. It seems they've been moving away from contributing anything to the spouse or family coverage so your spouse's portion may be really expensive. I've seen plenty of instances where couples each have their own insurance from their own employers because it's cheaper that way. When one person is unemployed, they get their own individual policy or some go without.

Best of luck to you.

Reply to this discussion