How Are Healthcare Premiums Set?

How Are Healthcare Premiums Set?

Under the Affordable Care Act, health insurance companies can account for only five things when setting healthcare premiums. Insurance companies use these factors to anticipate the cost to cover an individual with health insurance. Some people need more coverage than...

What You Need to Know About Salary Based Health Insurance Premiums

Employee health insurance premiums at most companies differ only by family size and type of plan (for example, deductible amount). At some companies, though, another factor is taken into account—salary. Meaning that employees who earn less, pay lower insurance premiums. Several companies like GE and Pitney Bowes have based insurance premiums on employees’ salaries for […]