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In Nevada, the minimum wage is $7.55 an hour, but employers can pay $7.25 an hour if they offer health insurance. That’s because the federal minimum wage stands at $7.25, and states are required to pay the higher amount. So that’s only a savings of 30 cents per hour, per employee when insurance is offered.
But that’s all changing in a couple of months.
Beginning July 1, the state’s minimum wage will increase 70 cents to $8.25 an hour. Employers that provide insurance could pay $7.25 an hour — a realized savings of $1.
Frankly, I think UHC is chasing vapor.
The plan paid something like $1500.
The bill was $22k and change.
Did I have a plan she could buy to pick up the difference?
No
I just figured my rates on the link and came out at $296 for a $2500 100% HSA vs $250 for my own $1700 100% HSA.
I'll bet if I figured my rates directly with Golden Rule it'd be the same. I'm not in my office or I'd look.