Salaries did not change, but the amount we need to pay each pay period for health, dental, vision, etc. has gone up about 25% (not unexpected) but the coverage we get for that has gone down significantly.

We had arguably, really good insurance coverage. Low deductibles (less than 1000), on the order of $20-30 copays.

Now, for 25% more a pay period, we have much higher deductibles, much higher out of pocket limits, co-insurance (we now have 20% coinsurance until the out of pocket max is hit), the prescription formulary moves up to the higher tiers a lot of medications coworkers take....

Same with life insurance/dental/vision. It's more per pay period for significantly less coverage.

There's no way to frame it as net-neutral, unfortunately.