Horizon Health Benefits?

[kageyb]

How are the medical benefits at Horizon? Dental? Vision?
Are the deductibles reasonable?
How much per month do you have to pay for the health insurance if you have a spouse and kids?
How is the 401K and/or profit sharing?
Thanks to any of you Horizon people that can answer these.
kageyb

 

[P-Dawg_QX]

Benefits are pretty good overall.

Medical benefits: $200 annual deductable per person, max of $400 per family. It's an extra $77.50 (pre-tax) per paycheck to add your spouse, and I think kids are the same, but not positive.

401(k): Rocks. Dollar-for-dollar match up to 10%, nice fund selection through Vanguard. Takes 5 years for full vesting in the company match. They put 50% of their match in your selected funds, and the other 50% is in ALK stock. That part kinda sucks, but once you're vested, you can move it out of ALK if you want.

Profit sharing: They're trying out a new system as of last year, and I'm not sure how I feel about it yet. We have monthly on-time and customer satisfaction goals. For each goal that is met, every employee gets $50. So there's potential for a $100 "Shared Rewards" bonus each month. Seems like we've been hitting somewhere between 1/3 and 1/2 of those goals. Then there's supposed to be another annual profit sharing, but we haven't seen one of those under this new system yet, so it's tough to say.

Hope this answers most of your questions!

 

[mrnolmts]

It's an extra $77.50 (pre-tax) per paycheck to add your spouse, and I think kids are the same, but not positive.

Not quite. Family will cost you $134.50 per paycheck (every 2 weeks), no matter what your income is. So, for new hires, it's a significant chunk of money..
The insurance will cover 80% of the cost, so you'll pay 20% (until you reach the max deductible for the year, then they will pay 100%).
Dental includes preventive care covered at 100%. So you can go get your teeth cleaned twice a year, plus necessary x-rays once a year, at no cost to you.
Just for clarification, regarding out-of-pocket expenses, Horizon will pay for the employee's premiums, so you'll only pay extra (per paycheck) if you want to add a spouse and/or children.

 

[n25na]

how long after you are hired does the insurance kick in..COBRA is expensive

 

[Paul R. Smith]

how long after you are hired does the insurance kick in..COBRA is expensive

Consider yourself bumped cause I'm curious too.

 

[P-Dawg_QX]

Not quite. Family will cost you $134.50 per paycheck (every 2 weeks), no matter what your income is.

That's a maximum, right? So whether you have 1 kid or 5 kids, it's the same amount? All I know is when I added my wife, they started taking $77.50 per paycheck. But we don't have kids.

EDIT

how long after you are hired does the insurance kick in..COBRA is expensive

I think it takes 90 days to kick in.

 

[mrnolmts]

That's a maximum, right? So whether you have 1 kid or 5 kids, it's the same amount?

That is correct. It's $134.50 per paycheck no matter how many kids you have.
For clarification, the $134.50 is for spouse and kids, not just for kids.

 

[kageyb]

Thanks for the info.
Is it for sure 90 days until the benefits kick in?
Thanks again.
kageyb

 

[P-Dawg_QX]

Is it for sure 90 days until the benefits kick in?

Yup, just double-checked:

For regular full-time and part-time employees, plus eligible dependents of full-time employees, after 90 days of service.

 

[QXpeon]

Profit sharing: They're trying out a new system as of last year, and I'm not sure how I feel about it yet. We have monthly on-time and customer satisfaction goals. For each goal that is met, every employee gets $50. So there's potential for a $100 "Shared Rewards" bonus each month. Seems like we've been hitting somewhere between 1/3 and 1/2 of those goals. Then there's supposed to be another annual profit sharing, but we haven't seen one of those under this new system yet, so it's tough to say.

Hope this answers most of your questions!

OPR is BULL$HIT!!!!!

Another way to steal our profit sharing money!!!!!

 

[mrnolmts]

OPR is BULL$HIT!!!!!

Another way to steal our profit sharing money!!!!!

I'll second that sentiment! :beer:

 

[P-Dawg_QX]

OPR is BULL$HIT!!!!!

Another way to steal our profit sharing money!!!!!

Yeah, that's what it's looking like more and more. Although, it's not like we got much by the old system anyways.

 

[propsarebest]

The 401K there KICKS ASS!!!!

Best ANY airline offers!

 

[QXpeon]

Not quite. Family will cost you $134.50 per paycheck (every 2 weeks), no matter what your income is. So, for new hires, it's a significant chunk of money..
The insurance will cover 80% of the cost, so you'll pay 20% (until you reach the max deductible for the year, then they will pay 100%).
Dental includes preventive care covered at 100%. So you can go get your teeth cleaned twice a year, plus necessary x-rays once a year, at no cost to you.
Just for clarification, regarding out-of-pocket expenses, Horizon will pay for the employee's premiums, so you'll only pay extra (per paycheck) if you want to add a spouse and/or children.

They pay 100% after the yearly deductable? I don't know where you got that from. Mine is $400 for the family and they only pay 80% after that's been met. If you're so sickly that you max out your yearly alloted benefits then they start paying 100% but you have to be very sick and rack up thousands in bills before that happens.

On a side note:

VOTE TO LOCK IN THE 401K AT 10% IN THE NEXT CONTRACT!

 

[Q400 Gear Bitch]

On a side note:

VOTE TO LOCK IN THE 401K AT 10% IN THE NEXT CONTRACT!

Amen brother. And 3.5:1 or better for trip rigs and line guarantee, and 4 hour reserve call out, and no pay cuts, and flow thru to alaska, and free boob jobs!!!

 

[ReverseSensing]

... and free boob jobs!!!

Art's already got a job.... Oh wait, perhaps I misunderstood!?

 

[mrnolmts]

They pay 100% after the yearly deductable? I don't know where you got that from. Mine is $400 for the family and they only pay 80% after that's been met. If you're so sickly that you max out your yearly alloted benefits then they start paying 100% but you have to be very sick and rack up thousands in bills before that happens.

I guess I wasn't very clear, was I? You are correct.
:beer: