Submit a question to our community and get an answer from real people.
Submit

My work is changing the percent of insurance prem. he will pay. It will be 2X the amount I pay monthly from 300 to 600 Can he do this?

Report as

Yes, insurance is offered as a Benefit by Companies and is not set in stone, should the premiums go up your payments go up. If the Company feels it can't or won't keep paying the percentage of the total they have been, your payment goes up. Just consider this, if you were to get your own personal Medical Insurance( Med.only! No Eye, Dental,etc.) your cost would run anywhere between $700.00 and $2000.00 a month depending upon how much of a deductible you choose to pay a year. If you feel you can get a better deal on Insurance, check around and switch.

Helpful (2) Fun Thanks for voting Comments (0)
Report as
Add a comment...

Yes. However, you are not obligated to continue with your company's insurance policy, you are entitled to obtain a policy with a private company. Unless I missed something, you stated he is paying the increase so how are you affected?

Helpful (1) Fun Thanks for voting Comments (3)
Report as
I have a private policy, full medical, surgical and a great RX plan. I pay $270 a month with a $500 deductible. Of course, the decision is yours. Enjoy your evening.
Report as
No, he was paying 75% before. Now he is paying 50% on no notice. My portion has gone up from $300 to $600
Report as
Hi Holly, I was commenting on the other member's post wherein she implied getting a policy on your own could cost between $700-$2000 per month. I posted my disagreement. Due to the new Healthcare Act, policies outside your workplace have become very inexpensive. Also, they are no longer allowed to have any wait time for pre-existing conditions such as BlueCross/BlueShield. Although it is unfortunate the employer did not give notice, it might be more cost effective to seek out a private policy. I wish you the best, truly, because we all need health insurance and it should be our "the consumers' choice" what company we want to be insured by. Enjoy your evening :-)
Report as
Add a comment...
Do you have an answer?
Answer this question...
Did you mean?
Login or Join the Community to answer