Thread: Envoy
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Old 10-18-2018 | 04:39 PM
  #10095  
Houpilot2001
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Originally Posted by crj700
The 1% increase applies to the percentage of the premium cost that we pay, not the premium increase. If the total annual premium for an employee is $1000 then @ 34% our portion would be $340 with an increase to $350 with a 1% increase. But if the annual premium goes to $2000 annually, our payment would be $700 @ 35% (1% increase).

The devil is in the details (and the math)!
Maths r hard
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