Group health insurance premiums are calculated for each company on the basis of the demographics of the workforce and eligible dependents (age, location, etc.) and the history of claims made by your workforce and their covered dependents.
The goal of insurance is for the "risk" to be spread across the entire group. You cannot decide that different types of people (age and health) must pay different premiums.
Some companies now offer employees reduced health insurance premiums if they do not smoke or stop smoking, live a healthy lifestyle (as determined by set criteria) or who join weight loss programs.
However, these must be well-devised programs put together by experts and be administered very carefully to ensure fair-handed treatment.
Age and health, in general, cannot be used as a criteria for how much anyone pays for his/her health insurance in a company's group plan.
Question added to topic Human Resources • June 8, 2010
Should I offer our younger, healthier employees a higher salary since they don't utilize their healthcare benefits too much?
Our company pays a percentage of employee health insurance. In effect, depending on age and health, this benefit expense can be more valuable to different employees that do the same work.
Penny is a seasoned human resources executive and consultant with over 25 years of diverse business experience in advising enterprise leaders on employment-related matters.