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What is Transcend's insurance like and premium for

Posted By: single and family? nm on 2006-04-30
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What is Transcend's insurance like and premium for
A lot of the time the insurance premium comes out
I am not the person above who is paying those premiums, but there are also flexible spending accounts that sometimes help with healthcare.  With MT, you can supplement very easily by taking overflow or having a small account on the side.  Some people tend to take extra jobs.  In all my years, I can honestly say that I have never worked only one MT job.  I have always held a full-time job with side accounts.  I fortunately can now work full-time from home as an independent contractor, but I prefer piece work and making my own hours for the sake of my children at least for now.  I plan to maybe go back to in-house but not strictly transcription once my children are older.  Who knows what the future holds?  I think if you are a single Mom and have the willpower you can make a go of MT as long as you budget and know what is needed to survive and not just what is wanted to survive if you know what I mean.  I would never trade being at home when my kids come through the door for school for all of the money in the world.  I love it and so do they.
The insurance cost is double for Transcend but insurance probably doesn't factor in for her.
I have heard more good things about Axolotl than Transcend, although it seems Axolotl may be less flexible with your schedule and someone told me that QA was pretty strict, which should not matter either if you have worked for a hospital and know what your QA score is.
Transcend insurance
Changing to Blue Cross/Blue Shield.   Hope you have enough work from this company to be eligible for insurance.  I can't get any work from them anymore.
Transcend insurance
You have to be employed 120 days and make at least $900 per pay to qualify.
Transcend insurance cost ?

Can anyone working for Transcend tell me the employee's cost for insurance?  For example, how much per paycheck is taken out if you want to cover just yourself (no husband or dependents) for medical, dental and,vision (I have been told they offer all 3).  Thanks for your answers.


Transcend makes you buy the insurance to be IC?
That seems like quite a bit, do you have any idea how much those insurances together would cost? First if you are an independent worker you would not have use for worker's comp and the E&O insurance would protect the company, not the worker. The company should have their own insurance for that. Did the company also drop your line rate when you went to employee status? I have had a company tell me that before, independent 1 or 2 cents higher than employee.
Does Transcend offer health insurance?
Transcend...how long of a wait for insurance?

How is Transcend/MDI's medical insurance plan for employees?
Anyone know whether Transcend is keeping the same insurance this year or changing?
Is there anyone else struggling to get the lines needed at Transcend for medical insurance? sm
Or is it just me??  TIA
The premium is sm
275.00 for family per pay period. You won't be paying 1000.00 for family coverage. The yearly deductible is 1000.00, and these are both stated very clearly in the paperwork. Go back and re-read all the paperwork. Right now, you pay 213.83 per payperiod for family coverage.
It could be to keep the premium in the SM
same ballpark as it was.  I know TransHealth just changed from Blue Cross to another company because they couldn't keep the coverage without the premiums going way up (and they are in Tennessee also).
They pay 25% of the premium. nm
There is a difficulty premium
rate for jobs that are rated more difficult than others. You get paid more but the difficulty decision is made higher up, you will know before you start that job whether they are higher pay or not. It doesn't sound like we have imput in this process but not sure.
It's $1000, and you would't believe what the premium is. nm
Do you know what the single premium is and when it
What is the single premium?
  I was checking out their website last night and going to sites trying to get some feedback on the company, looks promising.
Anyone know what the single premium is for
They would have to pay a premium for STATs.
just have 24-48 hour turnaround. Whatever platform the hospital has, all they have to do is make sure their IC's have copies. The dictation would get to the IC electronically, just as it does with MTSOs.

But the gray areas aren't really what I was talking about. What I was wondering was, how many hospitals or clinics would want their work 100% Indian-transcribed? Especially if a bill were passed so that patients had the option to say whether their work was offshored or not. I know I, as a patient, would rather my op report or H&P were being typed by an English-speaking, accountable, AMERICAN independent contractor, than in some lawless foreign country 6,000 miles away.
Who figures out the difficulty premium

 see in the packet about difficulty premium and pay, but is every single dictator being assessed and listened to somehow and who is determining the difficulty?

What's the single premium for TransHealth's ins.,
Premium Business Services
Anyone working for Premium Business Services?
I think you're confusing the deductible with the premium. sm

Family coverage is not $1000 a month in premiums. 

Yikes, does the company contribute toward your premium? sm
Wow, seems very high.  I've heard of $300 - $400 for a family plan monthly but never double. I know that a lot of places feel that you as the MT are saving travel, clothing, lunch money and getting a lot of perks working from home, but so are they by you doing it!  I do know plenty of people do work just for benefits though. If you're working for needed income just as much as benefits though....I'd check around.  Wow again!  Company I just got an offer from (didn't take it, they're bad) offered full family bennies for just over $300/month and it was a decent plan - good co-pay, deductible, etc. But it is one of the bigger MTSOs.  If it is a smaller one, they may not be contributing, just offering it to you.  It is possible to find one that contributes monthly toward your premium.
How is the single coverage/premium at Keystrokes
What's the single premium cost for Webmdx. Is it


they don't pay their share of the premium in any pay period you drop below full-time line count..
401k funds are protected by govt insurance similar to the insurance
that banks have (FDIC). It is safe even if the company goes under.
The insurance plan in my opinion is excellent insurance. I am not sure if it will change when it'
time to renew or not. I really hope not but I know that a lot of companies change every year in an effort to keep costs down because most insurance companies start raising rates after you have been with them a year. The insurance is Great West and they also have excellent dental and vision plans. I believe the cost is less than $70 a pay period for the employee.
Insurance sucks compared to my old insurance... sm
The insurance seems like they don't want to cover anything, even simple prescriptions I used to pay 4 or 10 dollars on I now pay 20 to 43 dollars.  I like the company/people so far, just don't like the insurance.
Transcend bought MDI, so if Transcend sends work offshore, so does MDI. nm
We heard Transcend is buying Keystrokes next. I'm not working for Transcend. No Way !
If MDI-FL is owned by Transcend and Transcend admittingly offshores, sm
then doesn't that make MDI a company that offshores? That's like saying that one branch of a company offshores but another does not, so they are excluded from the offshore label. If MDI-FL is part of Transcend and Transcend offshores, that means that they do.
RE: If MDI-FL is owned by Transcend and Transcend admittingly offshores, sm
Your hypothesis is incorrect. MDI is a wholly independent subsidary of Transcend, therefore, they were not a part of the experiment to offshore to evaluate cost/benefit ratio that Transcend only tried for 90 days (I believe the evaluation process is not still ongoing).
Insurance Questions: Can you tell me what you pay for insurance through your

MTSO, which MTSO it is and whether the coverage is decent?  I currently pay $92.00 a pay period for decent coverage but am trying to figure out if I am getting a good deal or if I could do better elsewhere.


It is not Transcend. Transcend has not had control of
the accounts long enough to make any changes to anything. Maybe your account just slowed down like a lot of others did over the last few weeks. Everything will run status quo for a few months before any major changes are implemented. And give Transcend a chance. It is a good place to work and you will finally have some benefits that you will enjoy.
insurance sm
You may be better off going directly to the source, so to speak. I do not have the insurance, but I have seen the rates, and they are reasonable, even affordable! I believe it's through either Blue Cross or UHC, or it may be both, you get to choose.  Anyways, I do get the eye insurance for my family, which is at no cost to me.  As I said before, your best source is to ask MQ itself.  Good luck, and don't count MQ out just because of all of the negative posts on this board! I'm very happy w/them, and have been for over four years now!
MQ insurance

I don't know if it's still the same, but when I worked for MQ, I cancelled my insurance and went to IC status when the family coverage went up to $900/month.  I asked them how could that be with the largest transcription company in the world, and they claimed it was based on the area I lived in.


They don't let you go, they make you a statutory employee. If they let you go, then they would put themselves in a situation to where they may have to pay unemployment. If they move you to statutory and take all your benefits, then they don't have to pay your insurance or PTO days. Working off the clock is just free labor for them. So basically, it is going to benefit them either way.

I carry myself and my husband and it costs me between $30 and $40 monthly.  This is for an HMO.  I think they told me  the PPO was between $80 and 120 monthly, but the HMO had more providers in my area so I went with it.    There were several choices between HMO and PPO.  Like I said before, this will vary depending on which hospital.  I work for a hospital in PA. I'm not sure about details for the Florida hospitals.  

For the insurance directly through Diskriter (if you work for them directly),   I think they quoted me around $300 a month for two people.    

PT Insurance
There is a company in WI who offers insurance at 30 or 32 hours a week. For the life of me I can't remember the name but out of Waukesha, WI. Hopefully someone can jump in and give you the name.
PT Insurance
I keep wondering why more companies don't offer an option like the hospitals where you pay a little more as PT, but can at least obtain insurance as part of their group. Or for that matter, why AAMT cannot offer a group option for insurance for all the ICs, etc.
You get to choose full time with benefits, full time with limited benefits, or part time.

Now, tell me about the insurance. I may sm
still look into this.Thanks!
Check with IRBA on the internet. It is a group for small business owners and then you get a group rate. You join IRBA and then there are different insurance companies.


I checked into the self employed insurance (Mega Life) and the deductibles are high -- which I could tolerate -- but if you go into the hospital the deductible must be met for each occurence.   So if you have two surgeries -- I broke my leg and had surgery for placement of a rod and plate, etc.   Ten months later it comes out -- deductible for each has to be met.   I have worked insurance also and their plan is hard to understand what each covers.  You pay for your basic and add on -- chemotherapy, outpatient labs, etc.   I went with a high deductible but where I put money in a tax free account to pay the deductible should I need it.  I am self employed so it works for me.  Most of the docs I type for give me free office visits and labs done in their office as well as prescrition samples.   But then have only been to the doctor three times in the past 3 years.     But do a search for medical insurance and you will get a lot of info.   But with the difference of over $200 for a $2000 deductible, I saved that in a year and like I said it is pre tax account.


Poster below gave you good info - WMX probably has best, most affordable ins. of all MTSOs.
I know several IC's, over 50, with no insurance. SM
They rave to me about all the money they make, however, they cannot afford to see a doctor and rarely do, one goes to hospital when they run those studies.

Yeah, they make more than I do, but you cannot enjoy the money if your are dead.

Sorry, like I said, this rant is directed at older (over 40) IC's.
Insurance sm
I am over 50 and have insurance through AARP - 118.50 per month. I also have an arrangement with my personal physician to pay cash at a much lower price than he would normally charge for someone with insurance. Also, because I am IC, I have multiple tax deductions that lowers my income so that I can qualify for cheap drugs, free mammograms, etc. I also have additional accident coverage in case I am in an accident or fall or something that would be more than my AARP insurance coverage. This has worked well for me for about 13 years. Most disease can be prevented and if you take care of yourself, you are unlikely to have an emergency.