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General Category => Off the Record => Topic started by: Admiral Yi on September 25, 2013, 03:59:41 PM

Title: How much of your insurance premium do you pay yourself?
Post by: Admiral Yi on September 25, 2013, 03:59:41 PM
Prompted by sbr's comment in the other thread.

I pay like $83 biweekly for single coverage, which I do not consider a great deal. 
Title: Re: How much of your insurance premium do you pay yourself?
Post by: CountDeMoney on September 25, 2013, 04:02:27 PM
COBRA, so it's 100%.  $490 a month, single coverage.  Ends December 31st.
Title: Re: How much of your insurance premium do you pay yourself?
Post by: MadImmortalMan on September 25, 2013, 04:03:27 PM
I'd have to find out what the employer's contribution is, so I don't know off the top of my head.
Title: Re: How much of your insurance premium do you pay yourself?
Post by: Barrister on September 25, 2013, 04:06:30 PM
Quote from: Admiral Yi on September 25, 2013, 03:59:41 PM
Prompted by sbr's comment in the other thread.

I pay like $83 biweekly for single coverage, which I do not consider a great deal.

Let's see...

I pay $100 biweekly for all the maxed out family benefits I could get.  Enhanced medical , drug and dental.

Basic health insurance of course is free in this country, but you have to pay for the extras...
Title: Re: How much of your insurance premium do you pay yourself?
Post by: Admiral Yi on September 25, 2013, 04:06:47 PM
Quote from: MadImmortalMan on September 25, 2013, 04:03:27 PM
I'd have to find out what the employer's contribution is, so I don't know off the top of my head.

??

I'm not asking for your contribution as a % of total cost, just a $ amount.

Re-reading my question i can see that might have been unclear.
Title: Re: How much of your insurance premium do you pay yourself?
Post by: mongers on September 25, 2013, 04:08:42 PM
Quote from: Admiral Yi on September 25, 2013, 04:06:47 PM
Quote from: MadImmortalMan on September 25, 2013, 04:03:27 PM
I'd have to find out what the employer's contribution is, so I don't know off the top of my head.

??

I'm not asking for your contribution as a % of total cost, just a $ amount.

Re-reading my question i can see that might have been unclear.

You mean only health insurance right?



If so, then nothing.
Title: Re: How much of your insurance premium do you pay yourself?
Post by: merithyn on September 25, 2013, 04:09:02 PM
I pay $202.45 bi-monthly for myself, Max, and two of the kids for health, vision, and dental.
Title: Re: How much of your insurance premium do you pay yourself?
Post by: Admiral Yi on September 25, 2013, 04:09:49 PM
Quote from: mongers on September 25, 2013, 04:08:42 PM
You mean only health insurance right?

Yes.

Deeply flawed OP Yi. :thumbsdown:
Title: Re: How much of your insurance premium do you pay yourself?
Post by: dps on September 25, 2013, 04:16:12 PM
Since I've chosen not to to purchase health insurance, not a damn penny.
Title: Re: How much of your insurance premium do you pay yourself?
Post by: MadBurgerMaker on September 25, 2013, 04:27:25 PM
Nothing.
Title: Re: How much of your insurance premium do you pay yourself?
Post by: crazy canuck on September 25, 2013, 04:33:46 PM
I am not really sure as it is mainly notional.  We have employee contributions so that the benefits are returned to them tax free but we make up the cost to them in extra wages so that the cost is net neutral.
Title: Re: How much of your insurance premium do you pay yourself?
Post by: MadImmortalMan on September 25, 2013, 04:34:17 PM
Ok, last year it was like $130/mo for both of us.


Now we just get a grant of $3k at the beginning of the year and all costs over $5k are covered 100%. Whatever we don't spend of the $3k we get to keep on December 31st.
Title: Re: How much of your insurance premium do you pay yourself?
Post by: derspiess on September 25, 2013, 04:35:21 PM
Quote from: Barrister on September 25, 2013, 04:06:30 PM
Quote from: Admiral Yi on September 25, 2013, 03:59:41 PM
Prompted by sbr's comment in the other thread.

I pay like $83 biweekly for single coverage, which I do not consider a great deal.

Let's see...

I pay $100 biweekly for all the maxed out family benefits I could get.  Enhanced medical , drug and dental.

Basic health insurance of course is free in this country, but you have to pay for the extras...

What does the enhanced get you?
Title: Re: How much of your insurance premium do you pay yourself?
Post by: Admiral Yi on September 25, 2013, 04:35:56 PM
Quote from: MadImmortalMan on September 25, 2013, 04:34:17 PM
Ok, last year it was like $130/mo for both of us.


Now we just get a grant of $3k at the beginning of the year and all costs over $5k are covered 100%. Whatever we don't spend of the $3k we get to keep on December 31st.

And you guys pay zero for that?  Schweet.
Title: Re: How much of your insurance premium do you pay yourself?
Post by: Ideologue on September 25, 2013, 04:51:37 PM
WTF is an "insurance premium"?
Title: Re: How much of your insurance premium do you pay yourself?
Post by: The Brain on September 25, 2013, 04:53:55 PM
I live in Sweden which is pretty much Paradise on Earth.
Title: Re: How much of your insurance premium do you pay yourself?
Post by: garbon on September 25, 2013, 04:54:49 PM
I think mine is 0 or near 0 for basic health/dental. Vision is then 8 bucks bi-weekly.
Title: Re: How much of your insurance premium do you pay yourself?
Post by: Barrister on September 25, 2013, 04:57:31 PM
Quote from: derspiess on September 25, 2013, 04:35:21 PM
Quote from: Barrister on September 25, 2013, 04:06:30 PM
Quote from: Admiral Yi on September 25, 2013, 03:59:41 PM
Prompted by sbr's comment in the other thread.

I pay like $83 biweekly for single coverage, which I do not consider a great deal.

Let's see...

I pay $100 biweekly for all the maxed out family benefits I could get.  Enhanced medical , drug and dental.

Basic health insurance of course is free in this country, but you have to pay for the extras...

What does the enhanced get you?

A whole whack of things.  Dental is 80% coverage with no maximum (so we pay 20% of the cost).  It was awesome when my wife was also a government employee - the overlapping plans meant we paid nothing.  Drugs cover 80% of costs up to $5,000 (then 100% coverage), with no maximum.

Medical covers ambulances, private hospital rooms, emergency travel coverage, vision plans, that kind of thing.

Title: Re: How much of your insurance premium do you pay yourself?
Post by: crazy canuck on September 25, 2013, 05:00:02 PM
Quote from: derspiess on September 25, 2013, 04:35:21 PM
Quote from: Barrister on September 25, 2013, 04:06:30 PM
Quote from: Admiral Yi on September 25, 2013, 03:59:41 PM
Prompted by sbr's comment in the other thread.

I pay like $83 biweekly for single coverage, which I do not consider a great deal.

Let's see...

I pay $100 biweekly for all the maxed out family benefits I could get.  Enhanced medical , drug and dental.

Basic health insurance of course is free in this country, but you have to pay for the extras...

What does the enhanced get you?

Put simply you dont pay for anything yourself or at least very little.
Title: Re: How much of your insurance premium do you pay yourself?
Post by: 11B4V on September 25, 2013, 06:17:55 PM
Quote from: Admiral Yi on September 25, 2013, 04:09:49 PM
Quote from: mongers on September 25, 2013, 04:08:42 PM
You mean only health insurance right?

Yes.

Deeply flawed OP Yi. :thumbsdown:

around $500 a year
Title: Re: How much of your insurance premium do you pay yourself?
Post by: Ed Anger on September 25, 2013, 07:23:41 PM
All.
Title: Re: How much of your insurance premium do you pay yourself?
Post by: ulmont on September 25, 2013, 08:29:44 PM
50%.  Something like 450 a month for 2 people health / dental / vision.
Title: Re: How much of your insurance premium do you pay yourself?
Post by: grumbler on September 25, 2013, 08:35:57 PM
I pay about $150 a month into my Health Savings Account (thus, pre-tax, but out of pocket).  The school picks up the premium for the 100%-coverage-after-$3000 plan.  So, what I actually pay is whatever I spend, up to $3000 in a year.

Anything I don't spend of the HSA in a year rolls over into subsequent years, so technically I could stop making any payments until my HSA account valued zeroed out.  For various tax reasons, though, that's a bad idea.

Next year, I will probably up my HSA deposits a bit, as costs have jumped for a couple of medicines I take.
Title: Re: How much of your insurance premium do you pay yourself?
Post by: jimmy olsen on September 25, 2013, 08:46:07 PM
Don't know the $ amount, but I believe it's 50%
Title: Re: How much of your insurance premium do you pay yourself?
Post by: Sheilbh on September 26, 2013, 07:31:32 AM
Quote from: jimmy olsen on September 25, 2013, 08:46:07 PM
Don't know the $ amount, but I believe it's 50%
That's a strange way round :mellow:
Title: Re: How much of your insurance premium do you pay yourself?
Post by: Grey Fox on September 26, 2013, 07:46:19 AM
Me? nothing, it's entirely paid for by my employer. I pay taxes on it tho. Drugs are covered at 80% until I've spent 350$ then it's 100%.

My girlfriend pays 19$/month for the minimun coverage. We'd drop it entirely but we can't.
Title: Re: How much of your insurance premium do you pay yourself?
Post by: DontSayBanana on September 26, 2013, 07:46:45 AM
Quote from: Sheilbh on September 26, 2013, 07:31:32 AM
That's a strange way round :mellow:

As a premium, I'd agree with you, but 50/50 plans aren't uncommon here in the US; the premium's lower, but medical bills are split right down the middle.
Title: Re: How much of your insurance premium do you pay yourself?
Post by: Sheilbh on September 26, 2013, 07:53:57 AM
Quote from: DontSayBanana on September 26, 2013, 07:46:45 AM
As a premium, I'd agree with you, but 50/50 plans aren't uncommon here in the US; the premium's lower, but medical bills are split right down the middle.
I meant I think I'd remember the $ figure but not be sure on the %.
Title: Re: How much of your insurance premium do you pay yourself?
Post by: Caliga on September 26, 2013, 09:31:09 AM
I forget how much but isn't definitely not all that much.  Prior to 1/1/2013 it was $0.  But then my company grew too much to make that sort of a deal sustainable. :glare:
Title: Re: How much of your insurance premium do you pay yourself?
Post by: KRonn on September 26, 2013, 09:45:55 AM
For single coverage I pay $27 biweekly for coverage, employer pays $234.

Dental is $9 for me and $9 employer contribution, biweekly.
Title: Re: How much of your insurance premium do you pay yourself?
Post by: CountDeMoney on September 26, 2013, 12:04:58 PM
I have a dental plan under my COBRA policy, but I've always kept a pay-as-u-go plan in the back pocket for the last several years since many small employers out there don't always offer dental with their health plans and I never knew where I'd land, so it's always been a $45/every 3 months insurance back up.  Gonna need it January 1.
Title: Re: How much of your insurance premium do you pay yourself?
Post by: dps on September 26, 2013, 03:12:32 PM
Quote from: DontSayBanana on September 26, 2013, 07:46:45 AM
Quote from: Sheilbh on September 26, 2013, 07:31:32 AM
That's a strange way round :mellow:

As a premium, I'd agree with you, but 50/50 plans aren't uncommon here in the US; the premium's lower, but medical bills are split right down the middle.

Yeah, most people don't even have a clue what percentage their employer pays;  they just know what dollar amount they have to pay themselves.
Title: Re: How much of your insurance premium do you pay yourself?
Post by: Lndhand on September 26, 2013, 03:56:46 PM
I pay 100% of the cost for my medical and dental (me, wife and 2 kids) for a grand total of ~ $1,700.00 per month.   :cry:
Title: Re: How much of your insurance premium do you pay yourself?
Post by: crazy canuck on September 26, 2013, 03:57:43 PM
ouch
Title: Re: How much of your insurance premium do you pay yourself?
Post by: Eddie Teach on September 26, 2013, 04:22:44 PM
Quote from: dps on September 26, 2013, 03:12:32 PM
Quote from: DontSayBanana on September 26, 2013, 07:46:45 AM
Quote from: Sheilbh on September 26, 2013, 07:31:32 AM
That's a strange way round :mellow:

As a premium, I'd agree with you, but 50/50 plans aren't uncommon here in the US; the premium's lower, but medical bills are split right down the middle.

Yeah, most people don't even have a clue what percentage their employer pays;  they just know what dollar amount they have to pay themselves.

Maybe he has it taken directly out of his paycheck.
Title: Re: How much of your insurance premium do you pay yourself?
Post by: Admiral Yi on September 26, 2013, 04:27:17 PM
Quote from: Peter Wiggin on September 26, 2013, 04:22:44 PM
Maybe he has it taken directly out of his paycheck.

That's standard.  It then shows up on your pay advice.
Title: Re: How much of your insurance premium do you pay yourself?
Post by: Savonarola on September 27, 2013, 01:05:35 PM
$114 bi-weekly for my wife and me.