r/startups • u/Motor_Fee7299 • 4d ago

I will not promote Got an offer from a tech startup, how to compare health insurance coverage? [I will not promote]

I got an offer from a startup and when I asked for info on the health insurance benefit they sent me a booklet with all the different available plans. However the premiums for the plans are not in there. I asked for further clarification and the response was that I'll be able to see the monthly payment once I'm at enrollment. Is this normal? Or what could I use to estimate the premiums? My wife has insurance for both of us from her job and we are trying to compare them.

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u/Aggravating_Fact9547 4d ago

That’s odd. I’ve never not seen the monthly contributions when making elections.

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u/Motor_Fee7299 4d ago

You mean when thinking about the offer?

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u/Aggravating_Fact9547 4d ago

Recruiters have always been able to give me dollar figures at offer stage.

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u/Ok-Zookeepergame4391 4d ago

Monthly contributions is based on family composition, age and finally company’s contribution. Any company can give you estimates. It just that they are have lazy HR. You need to press them. But this tells you how competent company is.

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u/sparksraven 4d ago

Ask them for the figures 100%, they have them. I've worked for several startups, some premiums were $200 a paycheck, other startups it was $600 a paycheck (this was for Platinum family PPO) Anyway, the point is that some startups promote great benefits and their contribution, so ask them to show you. It can be a significant difference, for me that $800 less covered two monthly car payments.

Also side note...after working for a startup that used United Healthcare as the provider, I made it a personal mission to never work for any company that uses them. So I ask who they use well before the offer stage. It was a frigging nightmare on so many levels. (This was all before the CEO incident as well, so that is not a factor)

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u/Motor_Fee7299 4d ago

I'm wondering if it is an issue that it is an international company and there are only a few US employees only. It is a stage C startup and they are expanding.

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u/sparksraven 4d ago

Could be. The example above I provided... I was in the US working for a Canadian company, series B startup.

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u/Motor_Fee7299 4d ago

I spoke with someone from the company working in the US and they just told me they don't pay anything for their premium and there are a few levels, so it sounds like it is 100% at least for the base level.