Premium Rates for Healthcare Benefits

The Diocese of Raleigh healthcare premiums are based on a 26 pay period for eligible employees who work year round or a 20 pay period for eligible hourly employees who are employed at diocesan schools and will have healthcare benefits year round but are only paid throughout the school year. Healthcare premiums are based on renewal rates per fiscal year.

26 Pay Period Premiums

The deduction for spouse, child(ren), or family coverage for year-round employees is calculated by multiplying the monthly billed rate x 12, then dividing by 26 (pay periods) to collect the full amount of the billed monthly premiums. As of July 1, 2019, there will be a subsidy of $100 per month ($1,200 annually) for employee + child(ren) coverage or a subsidy of $160 a month ($1,920 annually) for employee + family coverage. This subsidy will equal a reduction of $46.15 per bi-weekly pay for employee + child(ren) coverage and a reduction of $73.85 per bi-weekly pay for family coverage. There is no subsidy for spouse-only coverage. The per paycheck deduction for employee is a predetermined flat rate and does not correlate to the monthly billing amount. The employee (EE) flat rate is added to the total deduction per paycheck for those with dependent coverage. 

Premium Rates (26 pay periods) July 1, 2019 – June 30, 2020

20 Pay Period Premiums

The deduction for spouse, child(ren), or family coverage for school employees who will be paid only throughout the school year is calculated by multiplying the monthly billed rate x 12, then dividing by 20 (pay periods) to collect the full amount of the billed monthly premiums. As of July 1, 2019, there will be a subsidy of $100 per month ($1,200 annually) for employee + child(ren) coverage or a subsidy of $160 a month ($1,920 annually) for employee + family coverage. This subsidy will equal a reduction of $60.00 per pay for employee + child(ren) coverage and a reduction of $96.00 per pay for family coverage. There is no subsidy for spouse-only coverage. The per paycheck deduction for employee is a pre-determined flat rate and does not correlate to the monthly billing amount. The employee (EE) flat rate is added to the total deduction per paycheck for those with dependent coverage. 

Premium Rates (20 pay periods) July 1, 2019 – June 30, 2020