Salaried-based insurance offers hope for some companies

Oklahoma City-based Buy For Less found relief from soaring health insurance costs by custom designing a program that, among other things, introduces salary-based premiums. Workers who earn less, pay less. And those paid $10 or less an hour are provided free health insurance.

BY PAULA BURKES Modified: December 8, 2012 at 12:34 am •  Published: December 9, 2012
Advertisement
;

The management team of Oklahoma City-based Buy For Less grocers knew they couldn’t sit by idly and eat the skyrocketing costs of providing health insurance to employees of their 14 area stores.

Insurance costs were...

Oklahoman subscribers have access to this article. Unlock it below.

What is this? Learn more.

NewsOK.com has disabled the comments for this article.
Advertisement


The cost of health insurance

Average annual premiums this year are $5,615 for single coverage and $15,745 for family coverage.

SOURCE: The Kaiser Family Foundation

Online

See a video about employee health insurance, scan the QR code or visit NewsOK.com.

Trending Now



AROUND THE WEB

  1. 1
    Conservative Activist Claims Women Paid The Same As Men Won't Find Husbands
  2. 2
    Report: Thunder to open playoffs on Saturday
  3. 3
    Former Sonics guard Gary Payton: Durant, Westbrook 'the new era'
  4. 4
    GOP consulting firm employee starts 'Boats 'N Hoes PAC'
  5. 5
    Why One Man Traveled Almost 3,000 Miles To Take On The Federal Government At A Ranch In Nevada
+ show more