It is possible. Some companies allow this if the employee shows that they are covered by another medical insurance policy. The company has a vested interest in keeping healthy employees.
Under the new Health Care Reform laws, this may no longer be possible.
Makes sense to me. Why not?
"Voluntary" insurance programs, such as those offered by AFLAC and certain other companies, are actually individual insurance policies that are marketed at the workplace-frequently during a period of "open enrollment". The premiums are paid by the employee, although the employer sometimes deducts premiums from pay upon the authorization of the employee. Therefore, the employer is not truly a party to the insurance transaction. All other things being equal, the employer cannot "drop" the coverage.
Not as taxable income. But yes the amount will be included on the W-2 form if the employer is receiving the tax credit for the amount of the premiums. This information will be to inform the employee of the amount of the premiums that the employer is paying on the employees medical insurance benefit for the year 2010.
No, an employer cannot take money from your paycheck unless it is for an employee benefit. There may be a lag time between when the insurance is cancelled and the payroll deduction stops, if the premiums were paid in arrears.
Certain employers pay the medical insurance premiums, either in full or in part, for their employees aspart of the employee's remuneration package. These renewals are also subject to the 20% tax relief at source. Medical insurance pays benefits to members if they are insured.
No, if they are similiary situated individuals. It could be done by class - say management vs. salaried For more details http://www.steveshorr.com/dictionary.htm#Similarly_Situated_Non-COBRA_Beneficiaries
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.
No. The premiums of Workman's Compensation insurance are paid by the employer. The employee is not liable for that cost.
no
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.
Yes and no, depends on the circumstances. Are they similar situated individuals? Does the employer care about the premiums being tax deductible?
If I understand the question correctly the answer is yes. An employer can have a Health Reimbursement Arrangement as the mechanism to pay for employees health care. In those plan documents the employer can specify what they will reimburse for (ie insurance premiums, Rx, dnetal etc). If the plan is established such that they only pay for insurance premiums then they are generally under no obligation to pay for out-of-pocket expenses for an employee that has no insurance. That said, they can not discriminate within the terms of the plan. If the plan says they will reimburse for XXX then they must do that for all employees.