How to beat rising health insurance premiums

It seems that every year more and more of my paycheck to pay for health insurance. Despite periodic wage increases, I can not seem to get ahead. I think one of the big benefits of the job is to get group health insurance, but it does not seem like it’s such a big up. I’m wrong?

This is not your imagination. Premiums by the employer-sponsored health insurance in increased160% 1999 to 2011, while the average income of workers grew only 50 percent, according to the Kaiser Family Foundation. Now the average household penetration for the annual $ The Wu Qi ○ Third, the only coverage and workers an average of $ 5,429. But a large majority of employers continue to subsidize health insurance premiums, so the lower the actual cost of employees: On average, employees paid $ 921 $ 4,129 coverage for single and family coverage in 2011, the share of premiums.

These are just average, however, the actual price may vary greatly by employer – a big difference between large and small employers and may affect you in the open enrollment season, we made the decision this fall

Large enterprises (200 or more workers) and small businesses (3 to199 workers) often have to pay a share similar personal insurance costs, requiring employees at an average premium of 18% of large enterprises, the contribution in the small business Research Kaiser family Foundation 14% premium, according to. But large and small owners take very different approaches to cover employees’ families. Small companies require employees to contribute up to 3 home insurance costs an average of 5%, while large companies need only 24% of the average.

All of this information can influence your decision in open enrollment season, especially if you and your spouse work, and provided by your employer health insurance. An employer can provide individual insurance a better deal than family coverage, so it can pay for a spouse choose private insurance, while the rest of the family get covered by other plans. Or, in some cases, it may make sense for the entire family and spouse’s employer plan and cover other employers to bypass completely. Decide how to pay for your family “Before, all running in the open enrollment season, the demand for the number of health insurance options provided by this fall in 2012.

Gifts are your family’s only part of the cost. Also look at his own expense outside of the plan, such as deductibles and co-payments, choose the best plan for your family during this year. Employers have been given their large coverage and costs vary, so you select the program in the past may no longer be your best bet. For information about how to change their employer plan coverage and pricing employer-based health insurance in 2012, we want to pay to see more detailed information about health insurance through work.

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