Yes, but check into them carefully first. Both me & my husband both have insurance coverage on us and our kids. I did not realize it but it is hurting us more than helping us at the moment. My insurance is not as good as my husbands and my birthdate falls earlier in the year. My husbands insurance has a "do duplication of benefits clause in it" which means when they figure up what they pay they figure out their normal amount they would pay subtract off what my primary insurance paid and then pay the difference which is little to nothing. What is really hurting us is that they have larger discounts than my primary and so when they would have paid all of it had they been primary but pay nothing since they are secondary we are stuck to foot the bill (last one was $483.00). Unfortunately I cannot drop my insurance and my husband cannot drop his because of clauses that state that if your spouse has insurance available to them from their employer that they much take it. However, I am going to drop mine to a basic single plan (the smallest I can get) and let my kids just be covered under my husbands which will save us money in the end ( I hope unless there is something else I don't know about), Unfortunately I cannot do this until next January (I just found out about the discounts thing) when my company allows changes to insurance plans. Yes. One is primary, one is secondary. Primary is usually whose birthday comes first in the year. The birthday rule only applies when there are dependants involved. The primary insurance is always the insurance for the company you work for. If your spouse has his/her own coverage, there health insurance from their company will be their primary and yours will be the secondary.
Many people receive medical insurance through their place of work. For those that are self employed it can be obtained through an ex-employers plan, COBRA, or utilizing a spouses plan.
It is generally cheaper for people to negotiate health insurance prices through their employer as the combined company has better negotiating power than a single person.Employers keep more productive employees if they encourage health among their employees. As such some of the insurance may be subsidized by the workplace. Employers also have an incentive to make sure that employees spend some of their earnings on health maintenance.It is far less effort for an employee to get health insurance from their employers than on their own.
An employer is responsible for paying unemployment insurance through taxes in North Carolina. Employers pay at both a state and federal level for this type of coverage on their employee.
The first place to check is with one's employer. Employers sometimes offer these policies at much lower prices than can be found individually. If one's employer does not offer life insurance, affordable life insurance can be found through quote sites such as Select Quote and Insurance Services Online.
some patients have two insurers because both spouses receive coverage through their employer or because they have purchased an HMO policy to supplement the deficiencies of a basic polic, such as Medicare.
If you have insurance through your employer, and you are the policy holder,(the insurance is in your name) this insurance will be primary for you, and your spouses insurance policy will be secondary. The insurance policy thru your spouse's employer, (your spouse is the policy holder, or the insurance is in their name), this would be primary for your spouse, and your policy would be their secondary. Here's the phamplet from Medicare http://www.medicare.gov/Publications/Pubs/pdf/02179.pdf
Not only is he not obligated to, he is forbidden to. Only employers pay the state through their payroll taxes, never the employee. The state pays the benefits.
Insurance policy portability is important if you are considering changing jobs in the future, or in case of job loss (quit your job or get fired). Most insurance plans through employers are NOT portable. All insurance plans taken individually are portable, meaning you can take the policy with you when you leave your employer.
Yes. There is no legal obligation for your employer to offer health insurance unless you have a labor agreement through your labor union that requires it.
To my knowledge- No they cannot. It almost comes down to discrimination. If they offer insurance to one spouse then your employer shouldn't be able to turn to another person and say "sorry.. your spouse has health insurance options at her job.. denied!" You will be the one paying the premium to carry your spouse! I have honestly never heard of this happening. You should contact your corporate HR though. Hope this is helpful:) Evan
How long does it take to get health insurance? It depends. Are you talking about health insurance that is offered through an employer? If so, some employers require their employees to satisfy a waiting period before they are allowed to enroll for benefits. Most employers don't have a waiting period though. Ask your employer's human resources department for information. And, as with any product, read your insurance brochures and don't be afraid to call their customer service department for help or if you have questions.
If both policies are with the same company, and if you or your employer pays the premiums on them, then yes, they both pay. That is actually common; quite often the husband's insurance through his employer is through the same insurance company the wife's job has.
Individual disability insurance is available through many insurance companies as well as employers. This coverage is available at an extra cost. Talk with your insurance provider for details.
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.
Every New Jersey resident has the right to health insurance. Students must decide if they will apply privately, through the government, or through an employer.
If the life insurance was provided through an employer group policy, the coverage usually terminates when your employment is terminated. Some insurance policies through employer groups could include a portability feature, meaning that you can continue the coverage by paying (sometimes a higher) premium, directly to the insurance company, not to your former employer.
Your insurance through your employer is your primary insurance, and your spouse's primary insurance is through his/her employer. If both husband and wife are insured on both insurance policies, then you have primary and secondary coverage. But you will still have to pay any deductibles and co-pays before either policy will pay. The deductible is the amount you first have to pay (usually at the first of the year) before the insurance will pay anything. The co-pay is your percentage of what the insurance doesn't pay, which for many health insurance companies is 80% for them and 20% for you. There is sometimes a co-insurance that you have to pay also. Ex: Insurance companies have a set amount that they pay for any office visit, procedure, etc. If the bill is over what the insurance pays, then you are responsible for the balance.
This varies considerably depending upon the individual contract negotiated by each veterinarian with their employer. In the United States in private practice, this can range from no insurance benefits through their employer to full medical/dental/vision/prescription coverage, disability insurance, life insurance and professional liability insurance.
A private health insurance plan is one that you pay for yourself and covers you and your family. It is possible to have health insurance through your employer and private insurance at the same time.
Yes. It may be a hassle, but it is important to choose the best coverage at the least cost for your family.
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.
Anyone who can afford the payments can apply for HMO insurance. Many people can apply for HMO insurance through their employer. People can even get HMO insurance themselves and be self-insured.
Private health insurance is an alternative to government issued health insurance. It can be provided through a union or employer or one can purchase it from a private health insurance company.
No, it is not legal. Any money that an employer takes from your paycheck for a benefit must be used to purchase the benefit. ERISA, a federal law, prohibits an employer from using employees' money for any other purpose.
Frequently, it is available through your employer in the form of a group policy. This is typically cost-efficient, although normally employers require employers to pay toward the of cost of the health insurance. Inquire of the HR Department of your employer for specifics. If you are not employed, if you are self employed, if your employer does not offer health insurance, you are best advised to consult a health insurance agent who is LICENSED in your state. He/she/it will generally be able to offer you a selection of products including, indemnity programs, PPOs, and HMOs. It is critical that any plan that you select is underwritten by an insurer/HMO that is authorized to transact insurance business in your state. Note that medical discount programs are NOT insurance. You still bear the cost of all services rendered. Discount programs only give you the right to access services for reduced fees. Many states require that discount programs also be licensed, so be sure to check on licensure with your state insurance regulator.