In our last post, we made some estimates on potential savings in the 2011-12 budget due to over-budgeting for health insurance premiums in the wake of Governor Walker's budget.
Our calculations were based on the following:
The cost to the district for a Family plan was estimated to be: $14,249
The cost to the district for a Single plan was estimated to be: $ 6,307
These numbers represent the district cost, which is 91% of premium costs. The full premium costs are: $15,658.24/yr or $1,304.85/mo for the Family plan
These numbers represent the district cost, which is 91% of premium costs. The full premium costs are: $6,930.77/yr or $577.56/mo for the Single Plan
Annette Mikula, Director of Human Resources for the district kindly offered us the actual costs for 2011-12, which are:
Family : $15,682.08/yr (91%= $14,270.69) or $1,306.84/mo (91%= $1,189.22)
Single : $ 6,031.56/yr (91%= $5,488.72) or $ 502.63/mo (91%= $457.39)
We sincerely appreciate Ms. Mikula's willingness to share this information in the interest of presenting accurate data. That's the kind of openness that we wish we experienced from the rest of district administration.
Please accept our apology for presenting inaccurate information.
Thursday, August 11, 2011
Labels:
2011-12 budget,
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