DH and I were looking over the paperwork for his new job, and I was shocked to see that insurance is like over $1000K per month, self plus family. Plus, a couple thousand deductible.
It doesn't really matter for us, since we're under my insurance... but, it made me curious - what do you pay for your family's insurance premiums?
Post by imojoebunny on Jan 5, 2013 21:46:29 GMT -5
This year, it got a lot better because DH changed jobs, it was about $6k in premiums, and $4k deductible, after $750.00 for each person, so if everyone had something outside of preventive care, we would be out of pocket about $12,300.
Single is about $85 where I work and I think family coverage is close to $750. It's a crappy plan with $50 co-pays for primary care and $75 for specialists. Fortunately, I'm on H's plan which is free for us (and would be for our kids if we had them) with no in-network deductible.
DH and I keep separate insurance b/c it's cheaper that way. We each pay around $60/mo. My copays are $25 and I think his are the same. We both feel very fortunate to have such good coverage at an affordable price. I had some minor surgery almost 2 years ago. Total was about $14K and my total oop was less than $800.
I have no idea what the total premium is (i.e what part DH's work pays for), but we pay just over $300/month for our family with a $500 deductible per person and a max out of pocket of $5000 for the family. I SAH, but at my old job it would have been over $700 a month (for US, work would have paid for about $300) for a family.
Dh's employer pays 100% of medical and we pay $5/paycheck for vision (DH plus spouse and kids) and $16/paycheck for the mid-priced dental. There are more expensive dental plans that cover orthodontics but my oldest os only six so we don't need that yet. In a few years when we upgrade it will be $44/paycheck for dental with ortho. We have really good medical. $10 office visits, $5 prescriptions, no charge for hospital stays, $25 for initial OB appt. for pregnancy and everything else, including L&D, is free.
I will add, I almost cried when I saw how much we had to pay for COBRA when DH switched jobs and was uninsured for one month. Of course it was the month that I gave birth to DD2. It was almost $1600. It was painful to pay but way better than the $14k for L&D if I were uninsured.
premiums for health are entirely paid for by our jobs, we pay for dental and vision - but its like $60/month. for medical we have a $5K per person deductible and i believe the family OOP max is $7500
I pay about $560 a month for our family for medical, dental, vision. About $476 a month for just medical. I think our deductible is around $250 with $30 copays for visits and $20 copays for preventative care (both went up by $5 this year). I'm not sure what our total OOP max is per person or per family. I think around $3500 PP and $10000ish for family? I also don't know what our prescription copays are. Last year, we averaged $130 a month in prescription copays and they were $15 for generic and $30 for brand name. We have a pharmacy at work (hospital) that does pre-tax payroll deduction, which is nice. We also have an FSA with $2k in it to cover medical expenses, copays, etc.
This is an 80/20 plan. I work at a hospital, and all services at the hospital are "free". So, say you got an MRI, the MRI is free, the radiology fee is 80/20. You're admited to the hospital, the room and board is free, but you pay the doctor, anesthesiologist, etc. Labs are free. It could be a lot worse.
My work pays my premiums in full but they pay nothing towards any family coverage. I pay $457/month to have DH on my plan with a $1500 deductible, $3k max OOP, $20 doctor co-pay, and $15 script co-pay. If we added kids to plan in would be closer to $800/month.
Post by phoenixrising on Jan 6, 2013 6:06:02 GMT -5
I pay zero dollars for my medical coverage. I pay $8.75 per pay for dental and vision. This is coverage just for me. If I had to cover a spouse or family, I would have to pay a portion of the medical coverage, as well as a larger portion of the dental and vision. I am very fortunate that my employer (a large health network) is so good to me!
We pay about $215 a month under DH's insurance for premiums for DH and I. We have 20% copays that at one doctor we have to pay before we leave, but that isn't a huge problem. We have no deductibles, and an OOP max of $1800. Our insurance is definitely one of the benefits of our expatriate package.
Just asked DH because it just changed again. We pay $121 a month for family medical, $10 for dental, $5 for vision.
We have $0 copay for well visits, and pay 100% up to $2500 for everything else. After that it's 10%. His employer funds an HSA for the $2500, so nothing out of pocket at all till that is used. We are very thankful.
Our plan has changed every year for the last few. Last year at this time, 6 weeks before having a scheduled c-section, we found out that instead of a $250 hospital copay like we paid for DD, we were responsible for 10%. It sucked.
Post by dcrunnergirl on Jan 6, 2013 8:21:24 GMT -5
We're on DH's insurance, and it's $180 every 2 weeks or $360 month. When we were on my insurance it was $558 per month for similar if not lesser coverage.
With work I only pay 20%, comes to about 220 a month for DH and I for EPO medical, dental and vision- no deductible since its an in network only plan. We are very lucky we still have benefits, lots of IT places have dropped it.
Me: $480/month for medical. HMO with copays, but no deductible. I am technically self employed, but am able to get on a group plan through my office. Paid for entirely by me.
DH: $146/month for a high deductible medical plan. DH is also self employed, but is able to get on this much cheaper individual plan. I am not, because of a pre-existing condition.
We do not have vision or dental.
Yes, buying your own health insurance is one of the negatives to self employment!