Company: Glas Ornamental Metals Inc.
Industry: Manufacture rod iron and brass products, such as spiral staircases, window guards and fencing
Age of company: 38 years
Number of employees: 12; average age: 35; majority with families
Health insurance carrier: Hometown Hospital Health Plan
Employees with insurance: 10
When last changed health insurance carrier: Two years ago
How long with previous health insurance company: Five years
Amount of premium employee pays: Nothing for an individual; employee pays the difference for family coverage, or about $150
Total average cost of premium per employee: $158 for individual; $310 for family
Deductible per individual and family: $5 office co-payment for primary physician in the network; $10 for specialist; no deductible and 100% coverage for services from network physicians and hospitals
Total out-of-pocket limit: N/A within network
“We follow the philosophy of preventative health care and that if a problem is taken care of early it won’t end up being a major problem or expense.”
Source: Karolina Glas, office manager, Glas Ornamental Metals
Company: Holub Iron and Steel Co.
Industry: Prepare scrap iron and steel (cut and sort to specifications) for mills
Age: 80 years
Number of employees: 25; average age 40; majority with families
Health Insurance Carrier: SummaCare Health Plan
Employees with company insurance: 19
When last changed health insurance company: One year
How long with previous health insurance company: Three years
Amount of premium employee pays: $8.64 per month for an individual; $11.92 per month for a family
Average premium: $275.29 per family
Deductible per individual and family: $10 office co-payment in the network; $200 deductible for individual; $400 deductible for family
Total out-of-pocket limit: $1,000 for single; $2,000 for family
“We’ve had no complaints from our employees about our coverage. Most say they are just happy to have insurance. Becoming a member of the [Akron Regional Development Board] has helped us get a better price for health-care coverage.”
Source: Billie Lucas, controller, Holub Iron and Steel
