Incentives to opt-out

[Guest Carly]

We currently pay 100% of the insurance premiums for both individual and family coverage. We would like to decrease the number of individuals electing family coverage. There are a few ideas that have been thrown around:

1. Implement a full flex plan, provide employees with $X with which to purchase items they would like (health, dependent care, medical FSA). If they do not use all the money, they get the cash.

2. Simply paying employees to not select family coverage.

3. For those employees who are eligible for, but do not select family coverage, making an employer contribution into the 401(k) Plan (would this be subject to vesting?).

Any insight, issues, problems with any of the three above?

Thanks,,,