Health Care for Members of Congress?
Posted on August 25, 2009 | Updated on August 6, 2012
I’ve taken information from this article and summarized.
Members of Congress have good health insurance by any standard, but it’s not free and not reserved only for them – and it’s not government insurance.
The FEHBP (Federal Employees Health Benefits Program) offers about 300 different private health care plans, including five government-wide, fee-for-service plans and many regional health maintenance organization (HMO) plans.
Like other large employers, the government pays a large share of the cost of coverage. On average, the government pays 72 percent of the premiums for its workers, up to a maximum of 75 percent depending on the policy chosen.
A popular Blue Cross and Blue Shield standard fee-for-service family plan carries a total premium of $1,327.00 per month, the beneficiary pays $430.04 per month.
$1327.00 x 12 = $15,924 per year total premium.
$896.96 x 12 = $10,763.52 per year paid by the government.
$430.04 x 12 = $5,160.48 per year paid by employees.
Our Congressperson pays $5,160.48 a year for family coverage, I pay $8,913.84 just for myself.
Look at your pay stubs! What do you pay as a co-pay and add what does your employer pays toward your insurance coverage. That will be the total you pay for health insurance. The employer paid portion of your insurance is part of your benefits and is considered a business expense of your employer.
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