PPO Premiums - 2024 | Office of Human Resources

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Effective Jan. 1, 2024, there will be a 4% premium increase for the PPO plan. The salary tier structure is also being eliminated.

Premium rates for 2024 will increase by 4% when compared to the current Tier 3 premium rates. (Employees making $40,800 or more annually currently pay Tier 3 rates.)
There is no longer a “Tier 2” for employees making $40,799 or less annually. However, these employees will receive a monthly subsidy to ensure their increase is also 4%.

ACA-mandated preventive care benefits are still 100% paid with no copay or deductible.

Select the appropriate tab (Employee Only, Employee + Spouse, Employee + Children, or Family) to review the 2024 premium rates for Auburn's PPO option. (Subsidy amounts are listed below each chart.)

These rates will be effective Jan. 1, 2024. Benefits deductions are made on a pre-tax basis, thus lowering your taxable income.

2024 Premium Rates

Pay Frequency	Employee Pays	Auburn Pays
Biweekly	$112.25	$168.37
Monthly	$243.20	$364.80
18-Pay	$162.13	$243.20

* For the Employee Only plan, the monthly subsidy is $58.60.

Pay Frequency	Employee Pays	Auburn Pays
Biweekly	$314.29	$471.43
Monthly	$680.96	$1,021.44
18-Pay	$453.97	$680.96

* For the Employee + Spouse plan, the monthly subsidy is $164.09.

Pay Frequency	Employee Pays	Auburn Pays
Biweekly	$213.27	$319.90
Monthly	$462.08	$693.12
18-Pay	$308.05	$462.08

* For the Employee + Children plan, the monthly subsidy is $111.34.

Pay Frequency	Employee Pays	Auburn Pays
Biweekly	$336.74	$505.11
Monthly	$729.60	$1,094.40
18-Pay	$486.40	$729.60

* For the Family plan, the monthly subsidy is $175.81.

Out-of-Pocket Maximum

In 2024, the annual out-of-pocket maximum will increase to $9,450 for Employee Only coverage and $18,900 for the other coverage tiers -- Employee + Spouse, Employee + Child(ren), and Family.

After the maximum is met, the plan will pay 100% of the allowed amount for the remainder of the year.