3 ms·
Contributing a fixed amount will control healthcare costs but it's going to make you less attractive to employees since all you are doing is passing the uncerta
by afastow 10y ago
Contributing a fixed amount will control healthcare costs but it's going to make you less attractive to employees since all you are doing is passing the uncertainty on to them.
- tyingq 10y agoPersonally, I think it's more honest than promising 100%, then raising deductibles or lowering percentage covered later. You state the fixed amount, and then you have the option to raise that amount, discuss options with employees, etc.
- afastow 10y agoI can agree it's honest but being honest doesn't suddenly make it good from the employee's perspective. I'm not saying a fixed contribution is a terrible decision that will ruin all hope of hiring/keeping good employees. But it is something that is clearly in the company's best interest at the direct expense of the employee so it's going to be a factor just like everything else is.
- inferiorhuman 10y agoSmall companies really get screwed in terms of benefits, not just health insurance. Megacorps will almost always have far more attractive benefits (health, retirement, wellness, etc.). And... all small companies are pretty much equally screwed, so I personally wouldn't really care one way or another when evaluating a prospective small employer.