I did the math on this, it actually could be a good deal for employers. For employers with 20-100 employees the monthly premium for the City plan would be about $170 a month per employee, which is less than a private plan. It may not be quite the idea that the sponsors of the plan had in mind, but I could see smaller employers dropping their health care plans and telling employees to enroll in the City-sponsored plan.
More power to ‘em, but I really hope the residents of SF don’t get stuck with a huge bill because the politicians put through a plan that doesn’t cover it’s own costs.
Under the plan, employers with more than 100 workers would be required to kick in $1.60 for each hour a non-management employee worked, or provide at least the equivalent in premium contribution to a private plan for that employee. It drops to $1.06 if the workforce is between 20 and 100 employees.