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I'll bite...as a single person with no dependents or spouse, I pay $67 every two weeks for employer-sponsored health insurance (PPO). I'd rather not mention the name of the insurance company since this entity is also my employer.
I pay about $4 every two weeks for a dental PPO and another $4 every two weeks for a vision plan.
Many large hospital systems are actually self insuring, meaning that they are insuring their own employees and not the insurance company. They structure your insurance plan so that you have the lowest co-pay and deductible when using their hospitals, clinics, and doctors and higher co-pay and deductible for using competitor hospitals, clinics, and doctors. It is a way for them to manage your premium and their cost. They pay a big insurance company to manage the hospital system's insurance plan for them.
Another factor is that every company negotiates the premiums and coverage with the insurance company. The more employees, the move leverage they have with negotiating the premium with the insurance company.
The final factor is the portion of your total premium that you pay versus your employer pays. Some pay more of your premium than others.
Ashtimus Prime
57 Posts
I could use some insight please. How much does single individual health insurance cost a month? If possible what is the name of the insurance company? I am just curious I know a lot of you work and I just am curious to what I might be expected to pay. Inform me if it is a good coverage that covers injuries and dental stuff or if it is very limited.