Reply #11: I like the fact that the employer lists everything [View All]

[exboyfil]

Just like I want disclosures on food items and my bills (you know telephone charges like 911 service and state and federal taxes). More information is always better.

Health insurance, Medicare and Social Security match, 401(k) match, and tuition are all costs associated with your employment with the company. It is a very good thing for you to understand what you cost the employer and measure it against what you produce for the employer. It is also good to understand what other folks capable of doing your job are getting compensated.

It can also be useful for negotiation. In the event a single payer plan comes about with payroll withholding for example, you can use the health insurance number which the employer claims they pay ($12K in my case) to argue for an increase in salary if the percentage withholding is coming out of your pocket or the total amount of the percentage is less than the employer is currently paying for your health care. I got to think that employers would suddenly change their tune about how much the health care actually was costing.