0
Can you drop spouse's insurance coverage for a better deal between open enrollment periods?
Wiki User
∙ 14y ago
At Open Enrollment (yours or his) you can make a switch to one or the other. Between those times, most plans will not allow you to make a change of coverage unless you have a life event (ie job loss, marriage, death). So if you want to drop your spouse's insurance during your open enrollment, you probably can do so. Check with your company's human resource/benefits department.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
Can an employee drop their health insurance coverage when it isn't their open enrollment to join their spouses coverage at their spouses open enrollment?
You can but it is unwise because you need to know when you would be covered by the spouse's health plan. Some plans have 3 and 6 monthj waiting periods. So it is wise to keep your insurance, sign up on the spouse's insurance then later on after you have your new coverage in effect you could drop your employer's plan. Some employers however "require" their employees to be covered or are paying for the coverage. Check with your employer about that. Some employers will also refuse to cover you again if you lose your husband's coverage. If the marriage is not is good shape it is a foolish to drop your own coverage in case there is a divorce. Sorry to mention it but is true.
Can health insurance be purchased any time of the year?
Individual plans can be purchased anytime. Most group plans have open enrollment periods, or are available for enrollment after your probationary period (90 days). Medicare has specific enrollement periods each year.
Which insurance pays for delivery of a baby?
Your medical insurance would pay for the birth of a child. This is assuming that you have maternity coverage on your policy. Most group insurance policies that supply coverage to their employees do provide this coverage as any other illness. Individual insurance policies usually do not have this coverage due to the cost. There are also clauses that make you have maternity coverage on your policy for various periods of time depending on the policy.
Does Medicare pay back pay?
Medicare is a public health insurance program; it does not pay beneficiaries.[per Medicare.gov]"Your Initial Enrollment Period starts 3 months before you turn age 65 and lasts for 7 months. Except in certain cases, if you do not enroll in Medicare Part B during your Initial Enrollment Period, you will have wait until the next General Enrollment Period to enroll. General Enrollment Periods are between January 1 and March 31 each year. When March 31 falls on a non-business day, the General Enrollment Period is extended to the next business day. If you sign up for Medicare Part B during a General Enrollment Period, your coverage starts on July 1 of that year...."
How do you get out of having to use mail order for prescriptions?
If mail order prescriptions are part of you insurance coverage for drugs used over long periods of time, the only way to get out of it is to get different insurance coverage or pay your own way.
Is my Spouses employer required to offer me insurance if I am laid off at my employment?
Each state and healthplan has their own specific rules related to special election periods. You should check with the Department of Insurance for your State. In general, if you were covered under your employers plan and were laid off, you should have the right to continue paying for your plan with your current employer for a period of time unless they went out of business entirely. You should also be eligible to be added to your spouse's plan as a special enrollment period, due to your loss of coverage. You may need to provide a notice of 'Creditable Coverage' indicating the beginning and ending period of your coverage. If you were laid off from your employer, but you were not insured by them to begin with, then you would only be able to enroll with your spouse's employer during their Annual Open Enrollment period.
Is Aflac health insurance?
It is a form of accident and health insurance, but it is supplemental in nature. That is, it does not provide primary benefits that are tied, for example, to the amount of a medical expense. Instead, it pays a fixed daily amount if a covered occurrence renders one unable to work, hospitalized, or some other risk specified in the policy. Aflac is available to individuals to purchase on their own, but it is often offered by employers to employees during periods of "open enrollment" for group major medical coverage. Even in those instances, the employee pays the entire premium for the coverage, which supplements and stands separately from any other coverage that the employee has.
what are the advantages of long term life insurance vs whole life insurance?
The basic difference between long term life insurance and whole life insurance is that a term policy is life coverage only and this is also considered an advantage. One can buy a long term life insurance for periods of one year to 30 years, whereas whole life insurance is a combination of a term policy with an investment component.
Can you combine two dental insurance?
You can, but that doesn't mean double the coverage... A better question is Which plans can you combine to get the best care & be sure there are no waiting periods too!
Can you write off medical insurance taken out of your paycheck?
The employee contribution for medical insurance IS deductible. * Yes, but the employer must have an IRS Section 125 plan, also known as a "cafeteria" plan. Adopting the plan imposes fairness rules, and other administration provisions such as enrollment periods.
Why does health insurance have open enrollment periods?
In the United States, people purchase health insurance through their employer. Rather than collect 100 checks from 100 individuals, the health insurance companies collect one check from the employer. That makes book keeping a whole lot simpler. Sometimes husbands and wives have health insurance from different companies. One can lose his or her job. The one without a job purchases insurance from COBRA. Once a year the insurance company will have an open enrollment period when people in the company can add or subtract a husband, wife, or child. By having the period once a year, no one can add someone on during the year just before that person needs an operation. The open enrollment lets a person add a dependent but cuts down on abuse.
What is the leading private dental insurance company?
There are many dental insurance companies out there. What matters however is how their coverage is tailored to suit your needs. AARP offers the best dental insurance coverage.The AARP dental insurance plan offers many benefits some of which are: 1 Two plan choices, with individual and family enrollment options. 2 No waiting periods on preventive services including three cleanings and exams in a Year 3 Fewer expenses when you visit a Delta Dental dentist because the dentists agree to AARP's negotiated fees. However if you wish to compare the pricing from other dental insurance companies why not visit the "ehealth" (without quotes) website?
