OT: Anyone hear the NPR interview about the person getting dependant care coverage from parents

[bearishgurl]

[quote=flu]Maybe that’s why the insurance co’s don’t really mind this new law. Because it just means more money for them…no that large corporations must allow employees to take on these new dependents.[/quote]

flu, employers are free to require the employee to pay any part or ALL of the premium for their dependents. Typically, an employer offers to pay the full premium for the employee only.

Employers are only REQUIRED to OFFER 22-26 yo dependent coverage (at the employer’s group rates) to an employee under the new health care reform act. They are NOT required to PAY any portion of dependents’ premiums unless they choose to.

I know of several SD employers who FULLY PAY the premiums of their employee but CHARGE TO THE EMPLOYEE the FULL group premium for any dependents they wish to cover.

[afx114]

[quote=bearishgurl]I know of several SD employers who FULLY PAY the premiums of their employee but CHARGE TO THE EMPLOYEE the FULL group premium for any dependents they wish to cover.[/quote]

This is exactly my situation. I am a dependent on my wife’s employer’s plan. 100% of my premiums come out of my wife’s paycheck. This is still much cheaper than shopping for my own personal coverage as a self-employed contractor. Why? Because I join in as part of the larger POOL which brings down per-person costs as more people join it. Or at least it should bring down costs. This is how insurance is supposed to work.

It’s kinda like how it’s cheaper per-beer to buy a 24-pack than it is to buy a 6-pack. Overall you pay more but it averages out cheaper for the individual.

[afx114]

[quote=bearishgurl]I know of several SD employers who FULLY PAY the premiums of their employee but CHARGE TO THE EMPLOYEE the FULL group premium for any dependents they wish to cover.[/quote]

This is exactly my situation. I am a dependent on my wife’s employer’s plan. 100% of my premiums come out of my wife’s paycheck. This is still much cheaper than shopping for my own personal coverage as a self-employed contractor. Why? Because I join in as part of the larger POOL which brings down per-person costs as more people join it. Or at least it should bring down costs. This is how insurance is supposed to work.

It’s kinda like how it’s cheaper per-beer to buy a 24-pack than it is to buy a 6-pack. Overall you pay more but it averages out cheaper for the individual.

[afx114]

[quote=bearishgurl]I know of several SD employers who FULLY PAY the premiums of their employee but CHARGE TO THE EMPLOYEE the FULL group premium for any dependents they wish to cover.[/quote]

This is exactly my situation. I am a dependent on my wife’s employer’s plan. 100% of my premiums come out of my wife’s paycheck. This is still much cheaper than shopping for my own personal coverage as a self-employed contractor. Why? Because I join in as part of the larger POOL which brings down per-person costs as more people join it. Or at least it should bring down costs. This is how insurance is supposed to work.

It’s kinda like how it’s cheaper per-beer to buy a 24-pack than it is to buy a 6-pack. Overall you pay more but it averages out cheaper for the individual.

[afx114]

[quote=bearishgurl]I know of several SD employers who FULLY PAY the premiums of their employee but CHARGE TO THE EMPLOYEE the FULL group premium for any dependents they wish to cover.[/quote]

This is exactly my situation. I am a dependent on my wife’s employer’s plan. 100% of my premiums come out of my wife’s paycheck. This is still much cheaper than shopping for my own personal coverage as a self-employed contractor. Why? Because I join in as part of the larger POOL which brings down per-person costs as more people join it. Or at least it should bring down costs. This is how insurance is supposed to work.

It’s kinda like how it’s cheaper per-beer to buy a 24-pack than it is to buy a 6-pack. Overall you pay more but it averages out cheaper for the individual.

[afx114]

[quote=bearishgurl]I know of several SD employers who FULLY PAY the premiums of their employee but CHARGE TO THE EMPLOYEE the FULL group premium for any dependents they wish to cover.[/quote]

This is exactly my situation. I am a dependent on my wife’s employer’s plan. 100% of my premiums come out of my wife’s paycheck. This is still much cheaper than shopping for my own personal coverage as a self-employed contractor. Why? Because I join in as part of the larger POOL which brings down per-person costs as more people join it. Or at least it should bring down costs. This is how insurance is supposed to work.

It’s kinda like how it’s cheaper per-beer to buy a 24-pack than it is to buy a 6-pack. Overall you pay more but it averages out cheaper for the individual.

[afx114]

[quote=DWCAP]This is the math that the health care bill was balanced upon. Basically saying that we will force the young to buy insurance[/quote]

Nobody is “forcing” the young to buy insurance. But making it available at reasonable prices results in many jumping at the opportunity.

[afx114]

[quote=DWCAP]This is the math that the health care bill was balanced upon. Basically saying that we will force the young to buy insurance[/quote]

Nobody is “forcing” the young to buy insurance. But making it available at reasonable prices results in many jumping at the opportunity.

[afx114]

[quote=DWCAP]This is the math that the health care bill was balanced upon. Basically saying that we will force the young to buy insurance[/quote]

Nobody is “forcing” the young to buy insurance. But making it available at reasonable prices results in many jumping at the opportunity.

[afx114]

[quote=DWCAP]This is the math that the health care bill was balanced upon. Basically saying that we will force the young to buy insurance[/quote]

Nobody is “forcing” the young to buy insurance. But making it available at reasonable prices results in many jumping at the opportunity.

[afx114]

[quote=DWCAP]This is the math that the health care bill was balanced upon. Basically saying that we will force the young to buy insurance[/quote]

Nobody is “forcing” the young to buy insurance. But making it available at reasonable prices results in many jumping at the opportunity.

[bearishgurl]

[quote=enron_by_the_sea] . . . Like it or not – the future of our healthcare is HSA+HDHP and some bargaining with your favorite doctor.

I am in the 5th stage of Anger-Denial-Bargaining-Depression-Acceptance cycle of this issue. Most of the country seems to be in stages 2 and 3.[/quote]

enron, I don’t have an HSA, but have a high-deductible health plan (HDHP) which I used to think was “affordable.”

All in all, I DO have a good policy and I would have no problem “bargaining with providers” if I should run into major medical bills.

I, too, think it’s unrealistic to expect your “paternal” employer to pay your health care premiums PLUS those of everyone you can successfully pass thru as a “dependent.” I also think that the days of $10-$15 co-pays and <$5 prescription drugs are dwindling, if not dead. All this does is cause SOME people to visit a provider several times a month and get over-tested for anything and everything when diet, exercise and over-the-counter remedies might be able to cure 75% of their frequent complaints. These "chronic health-care users" run up the premiums for all of us.

[bearishgurl]

[quote=enron_by_the_sea] . . . Like it or not – the future of our healthcare is HSA+HDHP and some bargaining with your favorite doctor.

I am in the 5th stage of Anger-Denial-Bargaining-Depression-Acceptance cycle of this issue. Most of the country seems to be in stages 2 and 3.[/quote]

enron, I don’t have an HSA, but have a high-deductible health plan (HDHP) which I used to think was “affordable.”

All in all, I DO have a good policy and I would have no problem “bargaining with providers” if I should run into major medical bills.

I, too, think it’s unrealistic to expect your “paternal” employer to pay your health care premiums PLUS those of everyone you can successfully pass thru as a “dependent.” I also think that the days of $10-$15 co-pays and <$5 prescription drugs are dwindling, if not dead. All this does is cause SOME people to visit a provider several times a month and get over-tested for anything and everything when diet, exercise and over-the-counter remedies might be able to cure 75% of their frequent complaints. These "chronic health-care users" run up the premiums for all of us.

[bearishgurl]

[quote=enron_by_the_sea] . . . Like it or not – the future of our healthcare is HSA+HDHP and some bargaining with your favorite doctor.

I am in the 5th stage of Anger-Denial-Bargaining-Depression-Acceptance cycle of this issue. Most of the country seems to be in stages 2 and 3.[/quote]

enron, I don’t have an HSA, but have a high-deductible health plan (HDHP) which I used to think was “affordable.”

All in all, I DO have a good policy and I would have no problem “bargaining with providers” if I should run into major medical bills.

I, too, think it’s unrealistic to expect your “paternal” employer to pay your health care premiums PLUS those of everyone you can successfully pass thru as a “dependent.” I also think that the days of $10-$15 co-pays and <$5 prescription drugs are dwindling, if not dead. All this does is cause SOME people to visit a provider several times a month and get over-tested for anything and everything when diet, exercise and over-the-counter remedies might be able to cure 75% of their frequent complaints. These "chronic health-care users" run up the premiums for all of us.

[bearishgurl]

[quote=enron_by_the_sea] . . . Like it or not – the future of our healthcare is HSA+HDHP and some bargaining with your favorite doctor.

I am in the 5th stage of Anger-Denial-Bargaining-Depression-Acceptance cycle of this issue. Most of the country seems to be in stages 2 and 3.[/quote]

enron, I don’t have an HSA, but have a high-deductible health plan (HDHP) which I used to think was “affordable.”

All in all, I DO have a good policy and I would have no problem “bargaining with providers” if I should run into major medical bills.

I, too, think it’s unrealistic to expect your “paternal” employer to pay your health care premiums PLUS those of everyone you can successfully pass thru as a “dependent.” I also think that the days of $10-$15 co-pays and <$5 prescription drugs are dwindling, if not dead. All this does is cause SOME people to visit a provider several times a month and get over-tested for anything and everything when diet, exercise and over-the-counter remedies might be able to cure 75% of their frequent complaints. These "chronic health-care users" run up the premiums for all of us.

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