It's official, the new health packets are here and everything is going up again.
Last year I paid $454.99 a month for Kaiser | $17.99 a month for Dental | and i got to cash out the remaining benefits $352.02 a month or $176.01 a paycheck because I get $825.00 a month for benefits.
Kaiser health insurance will be $477.95, a $22.96 increase or 5.04%.
Dental will be $18.53, a $0.54 increase or 3.00%.
So this year i'll only get to cash out $328.52 or $164.26 a paycheck. =(
I'm just thankful i'm not hitched, Medical benefits for 2 people $955.90, dental 33.25, and vision 36.00. All of that totals $1,025.15 which would be an out of pocket expense of $200.15 (after i'd loose the cafe cash)!!!
Yet another example of what's wrong with california and the system. Why give you extra cash? If they keep it, they can help to alleviate other short comings. No wonder california is broken.
ReplyDeleteIf I couldn't cash out the benefits, I'd sign up for better dental, take vision, and then i'd have the money deducted and used for other approved benefit options.
ReplyDeletebefore I was hired, people used to be able to wave benefits if they were on a plan with their spouce elsewhere and take the full 825 as cash.
But they have also made reforms.
ReplyDeleteNew hires don't get $825... it bearly covers their health insurance so they most likely have money deducted from their paychecks to pay for the rest of it and dental.
They are just contractually obligated when it comes to people already in the system...