Here's my take on health insurance
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Are Gilford townsfolk clueless, or just wealthy enough to be apathetic? I read the blog about benefits. Let me see if I have this correct:
- Gilford public employees get paid the most
- and that doesn't include an almost free ride in benefits?
Please let me know of any openings :^)
The company I work for is self-insured. That's a euphemism for - the employees pay their own way.
I'm actually paying more than independents because the "company" insists on providing national coverage that provides smoking and maternity coverage. That's $5470/yr for the family plan with $1000/person deductible and a copay on visits and a copay on drugs; eyecare not included, and not covered.
I pay into my 401K - there's no pension. The average employee turnover is 4 yrs, so you must be employed 5 continuous years to get the 2% match.If you leave before 5 yrs, you loose the match but it gets redistributed.Draw your own conclusions.
I think govt should lead by example. Set a minimum wage, and a maximum wage. Offer a cafeteria plan for benefits so employees can choose - they can spend it on healthcare coverage, or it can go into their 401K.
see - 2 cents doesn't buy much.
