There may be some state regulations that prohibit that. However, under Section 105 of the Revenue Code an employer can establish a Health Reimbursement Arrangement and do that. If you need help you can find health insurance agents that specialize in this stuff at www.NAABC.com.
can my employer pay my medicare premium instead of taking it out of social security
That depends upon whether you are covered under FMLA, and the percentage of premium paid by your employer. If you are covered under FMLA, then your employer is required to continue coverage on the same basis as before your leave. For example if your employer was paying half the premium and you were paying half the premium, this arrangement would continue while you are on leave. You would be responsible for continuing these payments. If your employer pays 100% of the premium you would have no payments to make. If you are not covered under FMLA your employer is free to ask you to pay 100% of the premium.
Yes, unless you pay/reimburse the employer for the insurance premium out of your own pocket.
The amount that is paid for any kind of insurance is called "premiums". The same term applies whether an employee or employer pay for the insurance.
No, an employer cannot suspend health coverage if the employee pays part of premium. as per Law.In case where the employer pays the entire premium, he can suspend health coverage on one pretext or other.But when the premium is equally shared by both the employer and employee, it would be a contractual violation and the employee can sue against his employer for remedy.
No federal law requires employers to offer anyone med insurance - current OR former employees. Certainly no law requires the employer to pay the premium.
If you don't pay the premium the policy will be cancelled.If you don't pay the premium the policy will be cancelled.If you don't pay the premium the policy will be cancelled.If you don't pay the premium the policy will be cancelled.
It is called a premium.
Insurance companies have the legal right to terminate insurance coverage when the monthly premium is not paid as agreed.
does employer ave to pay vacation in texas
The amount your employer pays for the cost of your group Disability insurance is uncertain. Some companies will pay for the full premium, others pay for 50% and some will not pay any of the premium but offer coverage on a voluntary basis instead. You should also know that if your employer pays for your group Disability benefits, the benefits will be paid on a taxable basis. Hence the 60% benefit you expect to receive will be taxed and reduced to more like 45% income replacement. For this reason, many employees in this situation, such as Federal employees, will purchase supplemental coverage on the individual market. In order to find out what percentage of the cost your employer pays, you must ask or review your benefits program brochure, if you are provided one.
Yes, you need to pay in order to be a Fantage Premium Member.