Ask HN: How do you offer your startup employees 100% health insurance?
Hey all!
Coming from one startup to another and trying to assist with growth and recruiting. We really would like to offer 100% paid health insurance (100% employee, and possibly couple/family, but likely a percentage of couple/family.) When speaking to brokers/PEO's I've been advised that if we offer 100% it becomes a non-contributory plan, and ALL employees must enroll. We were planning on offering a salary stipend if they didn't need it, but seems with 100% that's not possible. Has anyone run into this? How do you offer your employees 100% insurance without redundantly paying for it for those who don't actually need it (i.e. on spouses' plan, etc.) Thanks so much!
Coming from one startup to another and trying to assist with growth and recruiting. We really would like to offer 100% paid health insurance (100% employee, and possibly couple/family, but likely a percentage of couple/family.) When speaking to brokers/PEO's I've been advised that if we offer 100% it becomes a non-contributory plan, and ALL employees must enroll. We were planning on offering a salary stipend if they didn't need it, but seems with 100% that's not possible. Has anyone run into this? How do you offer your employees 100% insurance without redundantly paying for it for those who don't actually need it (i.e. on spouses' plan, etc.) Thanks so much!