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1 Franchise Direct provides a detailed description of the cost and fees involved in a My Gym franchise. 2  Insurance costs for a mobile franchisee fee ranged from $1,750 to $2,500. 3  The insurance costs for a fixed center ranged from $2,000 to $5,000.
You get paid twice per month, so your portion of the monthly premiums is $250. Your employer contributes $400 per month toward your health insurance premiums, so the total cost of your job-based health plan is $650 per month. To figure the 2 percent service charge, multiply that $650 monthly premium by 0.02. Youâll get $13. Add this $13 service charge the $650 premium cost and your COBRA health insurance cost will be $663 per month. Where to Get the Information You Need Your employee benefits or human resources office can tell you how much your COBRA premiums would be, but there may be circumstances under which you want to figure it out without alerting your employer to the fact that you're considering leaving your job.