Health Insurance- Employer Contribution

[Guest taraw]

Hi-I currently work for a small company that pays 100% of employee+dependent health coverage. We are looking into asking employees to start contributing for at least some portion of dependent coverage.

What is standard? Do most companies ask empees to pay 100% of dependent coverage?

Thanks

[GBurns]

There is no standard that I have ever come across.

[KIP KRAUS]

I agree with G, but 15% certaintly is not unreasonable.

[GBurns]

There are a lot of 80/20 and 50/50 plans out there. It seems the smaller the employer, the larger the employee share until it is subject to either state law or insurance contract mandatoey employer percentage contribution.

[Sheila K]

Our company has an "allowance" amount that each full time employee can use for benefit expenses. Our allowance is sufficient to cover all expenses for medical, dental and vision care for the employee, with some left over for our cafeteria plan. If the coverage desired (with dependents) exceeds the allowance, the employee will pay the difference. That amount will vary according to the plan they choose.

This also allows us to control our costs by setting this fixed "allowance" per employee and making them responsible for the balance (which we run through the cafeteria plan as a pre-tax deduction)