ppaca cost comparison calculator

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Cost Comparison Calculator Employee Participation 15% 20% 25% 30% 40% 50% Speyer Meridian Fee Per FTE Per Month 20.00 $ 20.00 $ 20.00 $ 20.00 $ 20.00 $ 20.00 $ Total FTEs 1,000 1,000 1,000 1,000 1,000 1,000 Monthly EE Premium Cost 300.00 $ 300.00 $ 300.00 $ 300.00 $ 300.00 $ 300.00 $ Lowest Hourly Pay Rate 8.00 $ 8.00 $ 8.00 $ 8.00 $ 8.00 $ 8.00 $ Hours Per Month 130 130 130 130 130 130 Amount Paid By EE 98.80 $ 98.80 $ 98.80 $ 98.80 $ 98.80 $ 98.80 $ Amount Paid By Employer 201.20 $ 201.20 $ 201.20 $ 201.20 $ 201.20 $ 201.20 $ EE Participation in Traditional Plan 15% 20% 25% 30% 40% 50% Total Monthly Traditional Cost to Employer 30,180.00 $ 40,240.00 $ 50,300.00 $ 60,360.00 $ 80,480.00 $ 100,600.00 $ Total Monthly Speyer Meridian Cost 20,000.00 $ 20,000.00 $ 20,000.00 $ 20,000.00 $ 20,000.00 $ 20,000.00 $ Traditional Monthly Cost to Employer per FTE 30.18 $ 40.24 $ 50.30 $ 60.36 $ 80.48 $ 100.60 $ Total Annual Traditional Cost to Employer 362,160.00 $ 482,880.00 $ 603,600.00 $ 724,320.00 $ 965,760.00 $ 1,207,200.00 $ The Penalty Alternative 450,000.00 $ 600,000.00 $ 750,000.00 $ 900,000.00 $ 1,200,000.00 $ 1,500,000.00 $ Total Annual Speyer Meridian Cost to Employer 240,000.00 $ 240,000.00 $ 240,000.00 $ 240,000.00 $ 240,000.00 $ 240,000.00 $ Annual Savings vs Traditional Plan 122,160.00 $ 242,880.00 $ 363,600.00 $ 484,320.00 $ 725,760.00 $ 967,200.00 $ Annual Savings vs Penalty 210,000.00 $ 360,000.00 $ 510,000.00 $ 660,000.00 $ 960,000.00 $ 1,260,000.00 $

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Page 1: PPACA Cost Comparison Calculator

Cost Comparison Calculator

Employee Participation 15% 20% 25% 30% 40% 50%Speyer Meridian Fee Per FTE Per Month 20.00$ 20.00$ 20.00$ 20.00$ 20.00$ 20.00$

Total FTEs 1,000 1,000 1,000 1,000 1,000 1,000

Monthly EE Premium Cost 300.00$ 300.00$ 300.00$ 300.00$ 300.00$ 300.00$

Lowest Hourly Pay Rate 8.00$ 8.00$ 8.00$ 8.00$ 8.00$ 8.00$

Hours Per Month 130 130 130 130 130 130

Amount Paid By EE 98.80$ 98.80$ 98.80$ 98.80$ 98.80$ 98.80$

Amount Paid By Employer 201.20$ 201.20$ 201.20$ 201.20$ 201.20$ 201.20$

EE Participation in Traditional Plan 15% 20% 25% 30% 40% 50%

Total Monthly Traditional Cost to Employer 30,180.00$ 40,240.00$ 50,300.00$ 60,360.00$ 80,480.00$ 100,600.00$

Total Monthly Speyer Meridian Cost 20,000.00$ 20,000.00$ 20,000.00$ 20,000.00$ 20,000.00$ 20,000.00$

Traditional Monthly Cost to Employer per FTE 30.18$ 40.24$ 50.30$ 60.36$ 80.48$ 100.60$

Total Annual Traditional Cost to Employer 362,160.00$ 482,880.00$ 603,600.00$ 724,320.00$ 965,760.00$ 1,207,200.00$

The Penalty Alternative 450,000.00$ 600,000.00$ 750,000.00$ 900,000.00$ 1,200,000.00$ 1,500,000.00$

Total Annual Speyer Meridian Cost to Employer 240,000.00$ 240,000.00$ 240,000.00$ 240,000.00$ 240,000.00$ 240,000.00$

Annual Savings vs Traditional Plan 122,160.00$ 242,880.00$ 363,600.00$ 484,320.00$ 725,760.00$ 967,200.00$

Annual Savings vs Penalty 210,000.00$ 360,000.00$ 510,000.00$ 660,000.00$ 960,000.00$ 1,260,000.00$

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