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.
The company I work for was recently acquired. We've just gotten the list of benefits the new company provides, and it's markedly worse than what we had, for more money per month.Clearly, the obvious option is to start jobhunting.However, until I find something else appropriate, what do I do? I feel a profound sense of betrayal by the current remaning management, the past owners who cashed out,...