The following premium rates will be effective Jan. 1, 2023. These benefits deductions are made on a pre-tax basis, thus lowering your taxable income.
On Oct. 13, a letter detailing the 2023 premiums, including the increases for "spousal categories", was shared with employees.
2023 Rates - Annual Salary $40,799 or below
|
Pay Frequency |
Self |
Employee+Spouse |
Employee+Children |
Family |
|---|---|---|---|---|
|
Biweekly |
$81.84 |
$229.15 |
$155.49 |
$245.52 |
|
Monthly |
$177.32 |
$496.49 |
$336.90 |
$531.95 |
|
18-Pay |
$115.97 |
$261.67 |
$220.36 |
$303.47 |
|
Monthly Increase |
$3.36 |
$103.98 |
$6.36 |
$76.74 |
2023 Rates - Annual Salary $40,800 or above
|
Pay Frequency |
Self |
Employee+Spouse |
Employee+Children |
Family |
|---|---|---|---|---|
|
Biweekly |
$107.82 |
$301.89 |
$204.86 |
$323.46 |
|
Monthly |
$233.61 |
$654.10 |
$443.86 |
$700.83 |
|
18-Pay |
$155.74 |
$436.07 |
$295.90 |
$467.22 |
|
Monthly Increase |
$1.65 |
$130.76 |
$3.15 |
$93.91 |
Plan Design Change
The only plan design change for 2023 is an increase in the annual out-of-pocket maximum, from $8,700/$17,400 family to $9,100/$18,200, respectively.
