5 ms·

I need to know is that 10 times $20 per month or 10 times $100 per month? What percentage of salary are we talking?

metric10 11y ago
Depending on the size of the engineer's family and the quality of the insurance, I'm sure you'll go over $1000 pretty easily. People don't realize that their employer pays most of their insurance. The 20-something probably costs $100/month for a high deductible HSA. Edit: I've only seen what it costs for me personally, a single engineer in my 30's and a non-smoker. It's around $200/month for the catastrophic coverage. I vaugely recall paying around $65/month in my 20's pre-ACA. I know there's a hockey stick, though, so I expect 2 adults in their 50's with 4 children would add up. Again, this is for an HSA high-deductible plan.
bjwbell 11y ago
10 times $100 I assume. I'm in my 20's and pay my health insurance myself, it's ~$250 per month for a high deductible plan.
danbmil99 11y ago
On what planet is insurance $20 a month that covers anything of value? 10X is a bit of an exaggeration, it's more like 4X. about 250 for a young single person up to over 1000 for a family. As a fiftysomething high-cost employee, I am aware of this in negotiation. May be illegal or immoral, but I can't blame potential employers for factoring this into the equation.
- villa68o 11y ago
  I better understood now, why I have hard time to switch my job now. I am working at high visibility projects in a very big company: cloud computing, SDN/NFV, etc. I have a master degree in engineering and a MBA from fairly reputable universities. I had my professional engineer licenses in 10+ states before (I have not keep up with annual fee). And, I received 20+ some patents on wireless and devices for my company. But, I feel I am under used and under paid. The things they want me to do is too easy. My working life is easy for me, and I want to do battle. So, I am training myself with by finishing on 2-3 Coursea classes per year (math, ML, SNA,..), attending workshops and Meetups in the valley. I worked 10-12 per day for many years now. It works, I have fair knowledge on new areas and hands on development skill now. I get average 2-3 Linkedin head hunter requests per month for link or discussion job opportunities. I turned most of them down, because some of them too narrow scoped and I also do not want to embarrass myself: I gave my links/phone number to some, but they never call me back. I will be 69 years old in few months. It took me a little efforts to get here. No problem, I will create my own battle ground. I am not done yet.
- adaml_623 11y ago
  A better question might be, "What country do you come from where you don't know how much health insurance in the US costs." But thank you for the numbers. An extra 9K a year doesn't really sound that much to pay for experience but I guess penny pinching is the order of the day for too many managers.

Depending on the size of the engineer's family and the quality of the insurance, I'm sure you'll go over $1000 pretty easily. People don't realize that their employer pays most of their insurance. The 20-something probably costs $100/month for a high deductible HSA. Edit: I've only seen what it costs for me personally, a single engineer in my 30's and a non-smoker. It's around $200/month for the catastrophic coverage. I vaugely recall paying around $65/month in my 20's pre-ACA. I know there's a hockey stick, though, so I expect 2 adults in their 50's with 4 children would add up. Again, this is for an HSA high-deductible plan.

bjwbell 11y ago

10 times $100 I assume. I'm in my 20's and pay my health insurance myself, it's ~$250 per month for a high deductible plan.

danbmil99 11y ago

On what planet is insurance $20 a month that covers anything of value? 10X is a bit of an exaggeration, it's more like 4X. about 250 for a young single person up to over 1000 for a family. As a fiftysomething high-cost employee, I am aware of this in negotiation. May be illegal or immoral, but I can't blame potential employers for factoring this into the equation.

villa68o 11y ago
I better understood now, why I have hard time to switch my job now. I am working at high visibility projects in a very big company: cloud computing, SDN/NFV, etc. I have a master degree in engineering and a MBA from fairly reputable universities. I had my professional engineer licenses in 10+ states before (I have not keep up with annual fee). And, I received 20+ some patents on wireless and devices for my company. But, I feel I am under used and under paid. The things they want me to do is too easy. My working life is easy for me, and I want to do battle. So, I am training myself with by finishing on 2-3 Coursea classes per year (math, ML, SNA,..), attending workshops and Meetups in the valley. I worked 10-12 per day for many years now. It works, I have fair knowledge on new areas and hands on development skill now. I get average 2-3 Linkedin head hunter requests per month for link or discussion job opportunities. I turned most of them down, because some of them too narrow scoped and I also do not want to embarrass myself: I gave my links/phone number to some, but they never call me back. I will be 69 years old in few months. It took me a little efforts to get here. No problem, I will create my own battle ground. I am not done yet.
adaml_623 11y ago
A better question might be, "What country do you come from where you don't know how much health insurance in the US costs." But thank you for the numbers. An extra 9K a year doesn't really sound that much to pay for experience but I guess penny pinching is the order of the day for too many managers.