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Health Benefits to Cost 7 Percent More

ONE CONSEQUENTIAL CHANGE (apart from generally higher premiums) affects a significant number of employees. Harvard’s progressive, tiered system of employee costs—a distinctive feature of its benefits menu—has been made more so. With the addition of a new tier, employees whose annual earnings are less than $55,000 annually, unionized or not, will receive the largest University subsidy (87 percent of premiums). The highest-paid people on Harvard’s payroll, with $100,000 or more of annual compensation, continue to receive the smallest subsidy (75 percent for members of two unions whose contracts are settled; about 71 percent for nonunion faculty and staff members). http://harvardmagazine.com/2016/10/harvard-health-benefits-2017

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