Friday, October 14, 2011
Open Enrollment Time!
Right now, SCB is on his parents plan... and they have been graciously paying the $82 a month premium for us. But that's changing come January since we need to add my hubby on during open enrollment since he will age out in April of 2012 and that won't be a "qualifying event" to allow us to add him on. We will be loosing $162.50 a paycheck, on top of any out of pocket costs since I will no longer be able to cash out any excess benefits.
Last year's (2011) rates for 2 people on a Kaiser was $955.90 a month and Dental was $33.25. My Employer gives us $912 a month towards benefits, so we would have been paying out of pocket $77.15 a month if we would have added him on to the plan (on top of loosing $162.50 a paycheck).
Sadly though, as with everything else in this economy, insurance prices have increased and benefits still say the same.... which means its going to be an even larger hit to us.
For 2012, 2 people on Kaiser is going to cost us $1,025.52... Dental $34.35. Looks like we will be out of pocket $147.87 a month (besides the $162.50 a check).
Essentially Kaiser went up 7.28%... Dental went up 3.30%
But not all is bad. We are finally getting merit increases come January to help offset some larger pension contributions that go into effect at the same time... so a little silver lining is going to hopefully keep my paycheck a bit larger :)