Carta open forum

Hi Everyone,

Was hoping other companies similar in size and scope to ours (~20 employees, Series A company, pre-revenue, biotech) might be able to comment on the level of health benefits provided to employees.

Particularly, what % does the employer contribute to employee healthcare? To dependent healthcare?

We are trying to benchmark to the industry. Thank you!

Andrea

Hi Everyone,

Was hoping other companies similar in size and scope to ours (~20 employees, Series A company, pre-revenue, biotech) might be able to comment on the level of health benefits provided to employees.

Particularly, what % does the employer contribute to employee healthcare? To dependent healthcare?

We are trying to benchmark to the industry. Thank you!

Andrea

We pay about 80% of expected costs and we involve all of our employees in the decisions we make about our health benefits program, which has allowed us to lower premiums and deductibles every year. We're in a level funded plan, we cover direct primary care for employees and we also use an HSA that essentially returns the amount of the employee contributions plus some. The HSA also covers dental and vision so we're essentially self-funding those (with a cap).

To be fair, this is our core business area so we have broad visibility into what's possible and even still, with 12 FTE in 8 states, it's still a little harder for us than for our larger clients. 

You can see 50 different examples of top health plans here: https://healthrosetta.org/rosies/

And if you're interested in learning more, we have a lot of free content here: https://healthrosetta.org/employers/

Hi Everyone,

Was hoping other companies similar in size and scope to ours (~20 employees, Series A company, pre-revenue, biotech) might be able to comment on the level of health benefits provided to employees.

Particularly, what % does the employer contribute to employee healthcare? To dependent healthcare?

We are trying to benchmark to the industry. Thank you!

Andrea

Do you offer plans to small startups?

We pay about 80% of expected costs and we involve all of our employees in the decisions we make about our health benefits program, which has allowed us to lower premiums and deductibles every year. We're in a level funded plan, we cover direct primary care for employees and we also use an HSA that essentially returns the amount of the employee contributions plus some. The HSA also covers dental and vision so we're essentially self-funding those (with a cap).

To be fair, this is our core business area so we have broad visibility into what's possible and even still, with 12 FTE in 8 states, it's still a little harder for us than for our larger clients. 

You can see 50 different examples of top health plans here: https://healthrosetta.org/rosies/

And if you're interested in learning more, we have a lot of free content here: https://healthrosetta.org/employers/

Hi Everyone,

Was hoping other companies similar in size and scope to ours (~20 employees, Series A company, pre-revenue, biotech) might be able to comment on the level of health benefits provided to employees.

Particularly, what % does the employer contribute to employee healthcare? To dependent healthcare?

We are trying to benchmark to the industry. Thank you!

Andrea