Posted by JohnM. (66.140.106.104) on March 25, 2003 at 18:30:26:
In Reply to: company coverage posted by Mike on March 25, 2003 at 09:53:55:
: I was wondering what kind of costs are incurred by an employee who gets their health coverage through their employer. I was told the costs are split 50-50, is that true? Also, I was told that most people forego half of their paychecks up to $150 to cover insurance costs as well. Is all of this true or are my sources wrong? Please help.
I know that in Texas there is no law that statess an employer has to contribute to group health insurance. see http://www.tdi.state.tx.us/consumer/cbo40.html#premium
However, most insurance companies require that an employer contribute a certain amount. I've seen 50%, $80 or $100.