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Is an employer obligated to pay health insurance premiums when an employee goes on short term disability when they normally pay it if employee is not on short term disability?
Wiki User
∙ 11y ago
The employer is obligated to follow its own written policy about employees out on short-term disability leave. The employer cannot, for example, pay for the president's health insurance when she is out on STD leave and then not pay for the entry-level clerk's health insurance when he is out on STD leave. If the employer does not have a written policy, then all employees who take a disability leave should be treated the same.
Wiki User
∙ 11y ago
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What if your employer does not carry disability insurance on you?
If you live in Nevada an employer does not have to. In fact the Nevada will defend the employer, if an employee is injured on the job and the employer does not have W/C Insurance. I've been though this.
Does there have to be a certain amount of employees to have disability insurance?
In the US, California, Hawaii, New Jersey, New York, and Rhode Island impose mandatory state disability insurance programs for employees. The purpose of the programs is to provide some protection against wage loss caused by short-term non-work-related disabilities. The insurance premium is submitted to the insurer by the employer but paid either jointly by the employer and the employee, or entirely by the employer, depending on the employer's good will. There are some limits to what the employee may be required to contribute by the employer. This insurance is in addition to two well-known government disability programs: Worker's Compensation and Social Security. Employees' contributions are federal tax-deductible. Simple answer: No. Group Disability Insurance is not like Group Health Insurance -- and all the ERISA regulations that control how this employee benefit works. With Group Disability Insurance, an employer can "carve out" a select group of employees -- meaning the employer can create a "plan for just one employee (himself!)". An employer can also offer a contributory insurance plan, in which case the employee will contribute a certain percentage of premium. Or the employer can choose to offer a voluntary plan, where the employees enroll on their own accord and pay full premium.
Are long term disability payments taxable if employee pays for coverage through their company?
You should consult with a tax specialist, but generally employer paid disability insurance benefits are taxable.
Is group life insurance deductible as a business expense?
An employer's contribution to a group insurance plan is deductible as a business expense. This benefit is not taxable to the employee. An employee may not deduct a portion of the premium he cost shares with his/her employer. Typically a group benefit plan includes drug and dental coverage, lfe and long term disability . Where there may be cost sharing of the premium, an employer's contribution shoud always be to the health and dental portion. If any part of the premium for the long term disability is paid for by the employer, should the employee become disabled, then that benefit (usually up to 67% of the pre-disability earnings) would be taxable in the hands of the employee.
Does Virginia have long term disability?
You have to check into Social Security disability, if you don't have your own disability insurance (individual policy, or through your employer); It is recommended that you get your own Disability Insurance policy if your employer does not offer such benefits. Yes, there are disability insurance policies available in Virginia.
Can your employer make you buy disability insurance?
Your employer should provide the minimum employee benefits, such as Medical, Dental & Life. You will pay additionally as a apart of the United States Government taxes, Social Security, Unemployment and Disability Benefits, which can also be shared by your employer. Additional employee benefits offered are Just that additional, and you can choose to Opt-Out of any additional benefits.
Can an employer force an employee to use their company health insurance as the employee's primary insurance when the employee already has very good insurance?
No, They can not
Is there supplemental disability insurance?
Yes, and it's recommended to add supplemental disability insurance to cover closer to 100% of your income. If you have disability insurance through your employer, your benefit will be capped at 66% of your income. The benefit received from a group disability policy (through your employer) is taxable. Supplemental disability insurance benefits are not taxable. You can add Catastrophic rider on an individual disability insurance policy, to cover up to 100% of your income in combination with your existing employer group DI.
Purchase Disability Insurance?
form_title=Purchase Disability Insurance form_header=If you're suffering from a disability, insurance can help pay for bills and other needs. Have you received disability insurance in the past?= () Yes () No Does your employer offer disability insurance?= () Yes () No How quickly, and for how long, do you need disability insurance?=_
Is it illegal for an employee to go outside the employer for health insurance if the employer offers it?
Only if the employee is illegal. then fire him.
What do the employee benefits consist of?
It depends on the employer and the size of the company.The benefits can include medical and dental insurance,life insurance,disability insurance,tuition reimbursement,flexible medical spending account,401k and paid vacation days.
Are private disability insurance benefits taxable?
Individual disability insurance benefits are not taxable, because the premiums are paid with after-tax money. The employer paid disability insurance policies have taxable benefits due to the fact that premiums are paid by the employer with pre-tax money.
