$1000 Health Insurance Surcharge?

[MS11654]

Originally Posted by PacificFlights

Don't think it has anything to do with health reform since many companies implemented this years ago and others have been phasing it in over the last few years.

The idea is that it cost an employer money to have a dependent on the group health insurance plan since they may subsidize a portion of it. So if the dependent is eligable for health insurance through their employer or other means, the company want them to take that insurance instead of being a dependt on the employees plan. The "surcharge" is basically the amount the employer is paying in subsidy that they wouldn't be paying if the dependent use the insurance they were eligable for though their own employer.

I will say this, you need to think carefully about dependent coverge since some companies (my employer) pays 100% for the employee coverage but offers no dependent coverage as they are hiring the employee, not the family. If an employee wants their dependent coverd, they are quoted an amount direct from the health insurance administrators and the employers only involvment is that the premiums can be deducted from the employees wages.

Thanks for all the input, just wanted to make sure this was legit.
We compared the numbers, insurance through my company is close to $60 a week. This doesn't include dental or vision, you have to use thier in network doctors, etc. Me being on spouses plan is around an additional $40 every 2 weeks including the $1000. This includes dental & vision.