2021 Benefits

What went wrong with the retail 2021 benefits? Using the mandated examples from the Gold SBC:
“Peg having a baby” is 4% less expensive,
“Joe’s type 2 Diabetes” is 44% more expensive,
and “Mia’s simple fracture” is 39% more expensive. Given that the gold plan is the highest level of coverage that Follett offers in non-CA retail, I’d expect it to actually cover chronic conditions like type 2 diabetes.

And the cost of the medical benefits has gone up. Again, using the HRA Gold, employee costs have gone up by 10% for all plans in both salary bands.

Is this a cash grab by Follett, a trend in the industry, or something else?

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This is never a forum for politics. However enlightened you believe yourself to be, keep it off of here.

That's great for CO.

Too bad the ACA didn't let me buy health care insurance across state lines.

I'd love to buy that insurance for my family.

I live in Colorado, my ACA premiums are much lower than my previous Follett group insurance premiums. And, my annualized healthcare costs are much lower as well. In our state, ACA insurance providers are required to refund premiums to insured if overall medical costs for insurance company don’t reach 75% of total collected ACA premiums. If ACA goes away and all we do is pass a law to not deny coverage, for pre-existing conditions, and nothing else, insurance companies will escalate premiums even further.

Whether you like it or not the ACA made employers and insurance companies richer.
The working poor didn't get anything more than costlier and c-appier insurance.

If they just passed a law saying you can't deny insurance coverage to people with pre existing conditions (which we ALL agree on) we'd be a lot better off.

I’d expect it to actually cover chronic conditions like type 2 diabetes.

You were punked. Keep voting for the same liars. You didn't get something for nothing!

Thread regarding Follett layoffs

2021 Benefits

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