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Health Insurance Hassle

March 16th, 2014 at 10:17 am

Been meaning to share that my boss decided to end our group plan at work. His family is eligible to get coverage through his wife's work. Her employer will pay 50%, so he figures they will save money going that route.
*Shrug* We'll see. The % her employer pays is dependent on how many units she teaches each semester, so that might make a big difference.

The good thing is the boss wants to continue paying for my insurance. The bad part is *how* he is going to pay since I am now getting an individual plan. He is discussing with his accountant. One option is bonuses with additional funds added to cover the tax I will have to pay.

The other not-so-great part is that he decided he would cover only up to $300/mo. If the plan I chose was more I'd have to pay the difference. SO what he is paying isn't getting me the same level of coverage I've had.

What is good is that I might "make" money. I opted to go with the same plan that I picked for the kids - which is a bit on the lower end of Bronze. The total for us three is $517/month. Because I opted to go with a "cheaper" plan there will be *extra* money and that will offset the additional we've been paying for DD & DS.

$18/mo of that is "mandatory" dental, but we have dental coverage so I need to discuss with our agent (when things quiet down) if we can drop that.

The hassle has been spending a week trying to get a straight answer about how much the boss would be willing/able to pay. (Still no answer about *HOW* the money will come.) Then shopping and comparing plans for me only to come to the conclusion that I should just go cheap. Then making a new application for me and the kids after I just went through all this a few weeks back for the kids. (Now their previous policy will cancel and this one will start up.)

I am a bit nervous that I'll need to depend on my boss to pay me this additional money each month (you all remember money is a big issue for him). Yes, he has been responsible for paying the premiums in the past, but that was when his family was concerned...

It is all just Hassle..

3 Responses to “Health Insurance Hassle”

  1. PatientSaver Says:

    FYI, the plans made possible by the Affordable Care act are considered group plans. They aren't individual plans; they just aren't issued through your employer.

  2. PNW Mom Says:

    Hope it all works out for you.....I would be a bit worried since you have blogged about his finances in the past, but fingers crossed he will pull through for you!

  3. Lal Says:

    Why not ask him to cover your family in your DH plan and he pay the difference.

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