HSA HDHP is 22% more money out of my paycheck compared to last year.
HSA HDHP $600 company contribution hasn't increased for at least a decade.
Industry standard is over $700 for HSA HDHP's for anyone....and $600 is what they offer their own employees?
Absolutely disgusting.
I'm shopping around or opting out of coverage. This is ridiculous.
@hh …and don’t forget Profits BEFORE Member’s Health Outcomes
@dq Elevance is profit over people even their own
@ff if you have a spouse I strongly suggest you look at their plan - any blues plan run by a state is frankly better than this place
@e4 Any way someone could post it in here? I didn’t get this email and would love to see their justification for it.
@ea There are several I know of. What they have in common is that they're privately held and have not yet been scooped up by an overlord.
Not the right place to ask. Which health plan is better than Elevance right now?. I m planning to switch..
$500 copay for ER and $500 after deductible for ambulance is ridiculous.
@ad Can I ask the name of the company?
An executive sent out a mass email to their organization today attempting to justify the Marathon Health policy.
@dq You give the execs too much credit for human decency.
Specific public data on the exact denial rate for Elevance Health employees on their own "house plan" (employer-sponsored internal coverage) is not publicly disclosed. Health insurance companies keep their internal employee health plan performance, claims adjudication, and internal denial statistics confidential.
Does anyone know how much profit Elevance makes off of its employees health insurance plans? I’m so curious to know those figures. One would assume they wouldn’t profit off their own people, but… it’s a shareholder-valued company.
@b7 I agree. Elevance will never figure out how to reduce the Cost of Care. The only thing they can come up with is by laying people off. Maybe just pay the Executive Leadership less? Maybe reduce the ridiculous amount of Staff VPs.
Elevance Health can’t figure out affordability for their own employees; they will never figure out how to reduce the cost of care for anyone. It will never happen. I believe nothing they say. Meanwhile, executives can afford the PPO while everyone else cannot.
@ad Wow, that’s interesting! Does the employer pay the premium for the employee only or the family, too?
@OP I literally have not had employer-provided coverage options this bad, ever. Even when I worked for a small manufacturing company, the sort of place that offered 2 sick days with 5 days vacation - both only after a year - and docked salaried VPs for taking a sick day beyond the two days, their health insurance benefits were better.
Also, I feel for anyone who chooses the HPN in order to "save money". I have that this year; it is absolutely terrible, and the directory cannot be trusted. The only thing you can trust is that any cost savings will be eaten up by your future denied in-network claims, or them arbitrarily resetting your deductible at the very end of the year (the one you met by Q1) so that your EOY doctors visits are out of pocket, and you'll also be spending hours a month arguing with "family advocates" with varying degrees of interest in solving your problem, and failing to do so.
Meanwhile, my friends working for other insurers are enjoying 100% employer-paid benefits.
It is absolutely unconscionable.