Time to enroll
October 29th, 2007 at 06:49am Nate Legue
With November approaching, human resources directors are getting ready for their most special time of year: open enrollment. That’s when we employees sit through presentations about benefits and try to decipher pages information to discern which insurance plan is best for us.
I’ll be writing a story about this annual event sometime next month. But what I want to know is: What kinds of things are changing with your company’s benefits? New consumer-directed health plans? Fewer choices? Atrocious premium increases for employers or employees?
Send me an email at nlegue@rrstar.com or post a comment and let me know what your company is doing.
Entry Filed under: Benefits
1 Comment Add your own
1. Phil | November 8th, 2007 at 7:53 pm
Nate -
Interesting topic. I would really like to hear from employers some reasoning behind the plans they decide to offer. They are, afterall, the ones who determine what kind of benefits you will have.
I have a big gripe with my employer. At least it’s a big gripe in my mind, that is. I aparticipate in an FSA (Flexible Spending Account). I’ve had employer where the process to submit receipts is simple, where I filled out an online form and faxed receipts. My current employer requires I fill out a paper form, and mail it with the original receipts to the FSA administrator. What a combersome pain in the neck! Why did my current employer have to choose the ‘cheap’ FSA administrator where everything is manual and takes time, vs. my previous employer, where everything was simple and easy?
Another question I have for employers is ‘preventative maintenance’. My current employer offers a healt screen. If we choose not to participate in the health screen, we pay a 10% premium on the medical health insurance deduction, and a $10 fee on each paycheck. Good idea, but some people are afraid of what the company does with the health data.
I’ll admin that my current deductions for the health plan is great. Single coverage with a major insurer is only $30 a month. Yet, I hear horror stories of some people having to pay a $100/mo.
Why do some employers eat the health insurance premium cost, and why do others not?
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