The relative of a Logan City employee contacted me today with information about a change in the city’s health insurance policy, and I’m wondering if any of you out there can confirm or elaborate on the policy change.
I was told that employees taking the city’s health insurance will now have to meet a $5,000 deductible before benefits kick in and also employees participating in the health insurance program will have to participate in mandatory programs like an employee fitness walk and meetings with health counselors.
Given the average employee salary (that deductible seems high) I’d imagine we’ll start seeing fewer city employees without insurance…
Sounds like an HSA plan, which allows for money to be placed in savings accounts tax-free to pay for medical expenses. Unspent money rolls over each year. The city will probably contribute to employee accounts. People balk at the deductible, but they don’t see the reduced premiums, because the city pays them. These plans are a good way to introduce cost comparison into health care.