Share “Salaried-based insurance offers hope for...”

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.

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
    Man convicted of beating grandmother to death while high on PCP
  2. 2
    30,000 missing emails from IRS' Lerner recovered | WashingtonExaminer.com
  3. 3
    Report: Weather could change OSU-Baylor kickoff time
  4. 4
    New DHS immigration rules: Drunk drivers, sex abusers, drug dealers, gun offenders not top...
  5. 5
    Poll: U.S. public not thrilled by midterm election results
+ show more