YES - Self Insured plans are subject to federal and Cal-COBRA rules. But it might be helpful to have additional information - how large is the employer group? How recently did the separation of employment occur? If you are part of the HR team at the employer, then possibly you are confused about how to establish a "COBRA RATE" for a self insured plan. Also, did you know that Pres. Obama's Economic Stimulus Package includes a COBRA SUBSIDY for almost every employee that lost a job in the downturn (starting with termination dates of 9/1/08). You can email me if you want additional info. emcclements@barkleyins.com
no
state angencies state governments higher educational instituition not the federal government
The Navy Federal Credit Union is a bank for military members. They have branch locations in the DC Metro, Hampton Virginia, and San Diego California and have plans to build several more.
A deduction is made "pre-tax" if it avoids at least one form of taxation. Although contributions to "traditional" versions of 401(k) and 403(b) retirement plans, as well as 457 plans, are "pre-tax" deductions for purposes of Federal income tax, they ARE subject to FICA withholding. In contrast, Section 125 ("Cafeteria Plan") healthcare premiums are deducted before FICA liability is calculated.
A secondary beneficiary is a person who would receive the benefits of a life insurance policy or retirement plan in the event that the insured person dies and the primary beneficiary has also passed away. Then, the secondary beneficiary would receive the benefits.
no
COBRA health insurance plans are tailored to your individual needs and circumstances. Quotes can be obtained online directly at their website which also offers more in depth information about their services.
The administration's plans for the coming year are typically outlined in a combination of the President's State of the Union address, budget proposals, and policy announcements. These plans may focus on legislative priorities, economic goals, foreign policy objectives, and other initiatives aimed at addressing key issues facing the country. Each administration's specific plans can vary based on the President's agenda and priorities.
A company that is fully insured goes to an insurance company and buys insurance. A company that is self insured does not buy insurance and plans to pay any claims out of the companies "pockets". For instance, if you own a home but choose not to buy home insurance, you are self insured if you should have a fire.
There are two types of catastrophic plans. The first type aids the insured when his/her medical benefits have reached its maximum. The second type aids the family member(s) of the insured when the insured can no longer provide for the family.
AXA is an insurance that offers plans starting at 25p per day. These plans are reimbursment plans, which offer the insured money back after they pay for medical costs out of pocket.
---Answer--- COBRA ---
federal budget
No the medicare rules are federal and will not be changes state to state. You may be thinking of medical which is a state program only. Well, yes and no. There are federal laws that all supplement insurance plans must follow, but the insurance companies who sell these plans are also subject to state insurance rules.
Health insurance plans come in several different styles. Preferred Provider Organization (PPO) plans include a network of health providers who have agreed to the fee and payment structure of the insurer. Because their costs are more predictable, these insurers are often able to offer lower premiums. PPO plans usually have a co-pay amount which the insured pay when they see the doctor. Beyond the co-pay, PPO plans usually have a deductible amount and a co-insurance amount for which insured patients are responsible. Most PPO plans also have an out-of-pocket maximum which is the most an insured patient will have to pay over the course of a coverage year. Most policies also have a maximum lifetime benefit, a maximum dollar value the plan will pay for a particular individual.
Medicaid and Medicare
No, they have Tricare offered by the military.