46 employees reported this benefit
Choose between an HSA type plan or United Health Care PPO. Cost share for employee is about standard
Excellent benefits for the employees
Very subsidized, but you are left with out of pocket up to your deductible. Overall a good plan for the price
Good coverage, however they went to a high deductible plan which can be a pain for some.
Only two options and not cheap considering they're self-insured.
It's ok nothing special, why is it that if I'm married and my spouse works the premium is higher than if not working? While a boy friend, girlfriend or same sex arrangement if one is not working they do get subsidized Health Insurance?
OK! not the best but could be worse
Great insurance difficult during decision time
Principal is self funded, it is no better than any other firm in town. Still a fair amount of fighting with United Health on whether something was covered or not.
To be honest the insurance at The Principal is well in a word - awful. The PPO is administered by United Health Care and they are in business to reduce costs. Perscription coverage is attrocious - an rx that cost $20 on my previous plan now cost $125. If your partner/spouse is eligable for insurance from their employer you are penalized with a MUCH higher rate. For a family plan with a covered spouse/partner it is OVER $400@ payperiod. If your spouse is NOT eligable for coverage its around $200@ pay period. Pre-approval is a long and ardous process and may take multiple attempts and additional testing to recieve. There is no "co-pay" until your deductible is met - typical is @$2000 for a family and/or $500/individual. So before you see on penny in benefit you have to submit $500 in expenses for a single individual and then they start getting the benefit. But noone else does until their $500 is met OR the $2000 for the family. Thank goodness I am nolonger covered by them - I recieve insurance from my spouse for 1/3 the cost of Principal and with MUCH better benefits. If health insurance is important to you beware.