r/HealthInsurance • u/DecentDeer2818 • Jul 04 '25

Plan Choice Suggestions Is this coverage pricing the norm?

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Hi all,

I just got a job offer in NYC where the cost of living is crazy high, as you probably know. This is my first corporate job and I need advice/feedback on is this pricing structure for insurance is the norm.

I know you can’t believe everything you read on the internet but I’ve read that the general norm is for the employer to cover 80-85% of the monthly premium.

I would be earning less than 75k and only covering myself but the price still seems quite high? I’ve never paid more than $118 bi-weekly.

Thank you.

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-4

u/Hokiewa5244 Jul 05 '25

This is absolutely cheap insurance and I wish I had it lol

1

u/Odd-Clothes-8131 Jul 05 '25

Where do you live cuz I’ve never paid more than $80 per month for low deductible health insurance in any job. Right now my health insurance through my employer is $8 per paycheck. Is it really this bad for other companies? If so I’m never leaving 😭

2

u/crispy00001 Jul 05 '25

My lowest premium plan is almost $100 per week just for myself

1

u/DecentDeer2818 Jul 05 '25

Per week or per bi-week?

2

u/crispy00001 Jul 05 '25

Week. $5k yearly premium

1

u/DecentDeer2818 Jul 05 '25

I’d be interested to know what type of job this is for (sorry I know that’s a bit off topic). What I posted is for a regular 8-5 desk job.

2

u/orpcexplore Jul 05 '25

I work in banking in WA. My full coverage cost for myself and my children is around 250-300 a month. I pay $70/month for just me. 1500 deductible (it's 4500 but my employer reimburses you once you pay 1500 out of pocket for the remainder). I'd need to pull up specifics but my coverage after deductible for most things is 80-90%. There's a higher cost plan they offer but I'm pretty healthy and dont have children yet.

Edit: everyone at my job is offered the same plans regardless of income level, if you work full time

1

u/loftychicago Jul 05 '25

Banks usually have good benefits.

1

u/Comfortable_Two6272 Jul 05 '25

Wow. Never ever had that cheap even decades ago and working for large companies.

1

u/Odd-Clothes-8131 Jul 05 '25

Do you live in a HCOL area? I’m in NC

1

u/Comfortable_Two6272 Jul 05 '25

No, nothing like NYC. But employers here usually pay 1/2 to 3/4 of the single premium. This is for a low ded , low copay type plan vs the high deductible hsa plans. Could certainly be regional. Banking is the prevalent industry in NC? Right? Maybe more common in certain industries / regions?

1

u/Odd-Clothes-8131 Jul 05 '25

I have the HSA plan right now and deductible and OOP max are $1500 with $15/mo in premiums. But last year I was on the HMO plan which was $75/mo.

Idk about banking, this I the first I’m hearing that NC has banking jobs lol. I’m I RTP which is a biotech hub and my industry is pharma development. I’ve been I this industry for a decade and it’s pretty much been around $70-80 per month in every company I’ve worked for (for the PPO or HMO plan)