Benefit Plan with Two or More Premiums Based on Health Assessments

We are getting ready to start basing our employee premiums on their end of the year health assessment. If the employee meets the healthy range they will have a lower premium than those who do not or choose not to participate. Our plans currently are based on whether or not an employee is highly compensated and that will still be a factor in our premium, but will be adding the health rate assessment next year. Is there currently anyone who is basing their plan on two or more factors to determine premium, i.e. salary and health assessment or other? If so, would you be willing to share how you are doing this in Lawson? Any help will be sincerely appreciated.

Thank you in advance

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Infor Lawson Human Resources Group - Discussion

Comments

sriman-shivakoti

You can create any number of employee groups to attach to the contribution tabs and have different rates for each group.

The trick is to not have them change employee groups until the beginning of your plan year. We have a plan that has highly comped paying different rates and last year began the wellness initiative with that plan.

If you'd like to discuss, I'd be willing to do so.

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