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Asking as not an American - $10k per year, how much % of a yearly salary is it? In Europe (here: Germany example), which is frequently seen here as the ideal e
by baal80spam 10mo ago
Asking as not an American - $10k per year, how much % of a yearly salary is it?
In Europe (here: Germany example), which is frequently seen here as the ideal example of healthcare spending:
Employees and employers typically split around 14.6% of gross salary for public health insurance. [1]
[1] https://feather-insurance.com/blog/germany-healthcare-statistics#:~:text=Is%20healthcare%20free%20in%20Germany,contributions%20rather%20than%20being%20free. https://feather-insurance.com/blog/germany-healthcare-statis...
- bluedino 10mo ago> Asking as not an American - $10k per year, how much % of a yearly salary is it? Depends on if you make 35k or 200k/year
- vjvjvjvjghv 10mo agoThe problem is that in the US it's a fixed amount vs in Germany a proportion of your income. This works OK for higher incomes but for lower incomes it's a big problem. And as always, the people in the middle get screwed. Not enough money to afford the premiums easily but too much money to get subsidies.
- ecshafer 10mo agoSO this is just what the employer pays. The employee then pays premiums monthly as well for access. Employers pay somewhere between $5k and $25k (or more) per employee a year for health care depending on quality and portion of premiums they pay for the employee. Usually its split, so someone makes $80k a year, they pay $10k a year in premiums, employer pays $10k a year in premiums.