The workers comp insurance company requires the employer to insure all the employees.
Yes, unless the Insurance Company is doing it.
Depending on the state and size of employer, there are situations when employers can change or stop the insurance benefits they offer to employees.
An employee insurance participating plan is one where the employees of a certain company can put money into their insurance, regardless of how much is paid by the employer.
Probably, he's required by the insurance company to insure at least 75% of the employees or else the other employees can't get the plan. For more information see the link
It is not against the law for an employer to refuse health insurance to their employees. Many companies and major corporations do offer health insurance through health benefits administrators, which are part of the HR department of the company you work for. You might want to get more information about this for your company or from the health benefits administrator of your company.
ASO is an insurance acronym for "Administrative Services Only." It refers to an arrangement where an employer engages an insurance company to handle the administrative tasks (e.g. billing, claims handling, claims payment, qualification, etc.) for their employees. In these types of arrangements, the employer actually acts in a self-insured role which means that they are financially responsible for any claim payments to their employees. Many large corporations choose this type of insurance arrangement in order to obtain lower pricing from the insurance companies due to the fact that the insurance companies carry no risk obligation. The employees are still serviced by an insurance company, and often have no idea their employer is actually paying the claims behind the scene.
Government Employees Insurance COmpany It originally only sold insurance to employees of the US Federal Government.
429 is Government Employees Insurance Company
Some companies get better insurance rates if they require all employees to buy health insurance. IT is cheaper because the insurance company is not covering just the people that need it or use it.
No. Not if the employer is not set up to offer it to any of his/her employees OR if the company does offer it and you are a 'Part-time employee' working under 35 hours a week OR if you are a 'Full-time employee' and have not worked for the company for 90 days.
Worker's compensation is insurance coverage for employees to compensate them in case they are injured while performing their job. The employer pays a premium that covers medical expenses and lost wages in case their employees are injured. If these benefits are excepted the hurt employee must release the employer of further liability. The insurance company pays the claim and the employee can no longer sue the employer for the injury.
This depends on the company and its policies. Sometimes the company pays half and employees pay half. Sometimes, company pays full amount and sometimes, there are no insurance benefits for employees.
Makes sense to me. Why not?
If the insurance company accepted the policy, and unless there are specific provisions for dividing the benefit, it will be equally divided between the three beneficiaries.
Most insurers will require initial testing of all employees and random testing of all employees thenceforth.
The insurance company must be notified of the insured's death, preferably by a beneficiary, policy owner, or an insurance agent, at which point it will send out packages of paperwork to all beneficiaries on file for that insurance policy. The paperwork is filled out by each beneficiary and returned to the insurance company, along with a certified copy of a death certificate, at which time the insurance company processes the paperwork, verfies the eligibility of the claim, and then, if appropriate, pays out the proceeds of the insurance policy.
Not usually. It sounds like the insurance company was a victim of fraud.
Sue her and the life insurance company that paid her.
No. The Employer must notify you.
Government Employees Insurance Company
Technically employer should inform the insurance company when they terminate any regular employee. Then insurance company will give 31 days window after termination date. That way, the emplyee could able to change their insurance either to new company benefits program or convert to individual health insurance. The employer can't terminate your group health insurance.
The proceeds of a life insurance policy are paid directly to the beneficiaries without going into the estate of the person. The only way that life insurance proceeds become part of an estate is if the the beneficiary is listed as "Estate of the Insured". In this case any expenses of the estate are to be paid out before the heirs receive a share. If there are beneficiaries on the policy, the life insurance company will pay the beneficiaries directly.
Physicians Mutual is an Omaha-based insurance company with more than 900 employees and nearly 1,000 agents nationwide.