[quote=no_such_reality][quote]”Depending on income you may earn outside of Trader Joe’s” — i.e., another job — “we believe that with the $500 from Trader Joe’s and the tax credits available under the ACA, many of you should be able to obtain health care coverage at very little if any net cost to you,” Bane wrote in the memo.[/quote]
Actually, much more cost effective for Trader Joes to let the government pick them up. I just punched it into CoveredCA.com and assumed $18K/yr in income (29 hours a week at $12) and came up with a 87% silver plan for $63 a month. Of which Trader Joes is kicking in $500.
Basically, out of pocket cranks in at $20/month for an 87% of costs health coverage.[/quote]
What age of employee did you punch into the website?
And how are you figuring that the “out-of-pocket” for an “87% Silver Plan member” will only be $20 month?