Must an employer offer Flexible spending account?
Flexible Spending Accounts or FSAs are are pre-tax healthcare benefit offered by employers to their employees in an effort to offset the high costs of healtcare expensives. An employer is not obligated to offer the plan to their employee, but if they do, the monies deposited into the FSA saves the employer on paying FICA for the contributions.
What options do cobra offer to an employee who has left a company where they were participating in a flexible spending account?
If you would like your paycheck to be deposited directly into your bank account by your employer, so that you do not have to deposit it yourself, you can ask your employer to do that. (You will have to provide a void check, so that the employer knows which account to use.) Many companies, but not all companies, do this for their employees. Even if your employer does not currently offer this option, perhaps a…
An employer in Texas that has 50 or fewer employees, must offer health insurance to all employees. If the employer has more than 50 employees, he can offer health insurance to a "class" of employees and not another. For example; the employer may offer health insurance to all employees classified as management, and not offer insurance to employees in other classifications.
Depending on the specialist, a corneal fitting and dispensing of the lenses will run from $1000-$6000. There are numerous factors to consider in determining the cost of Ortho-k therapy. Orthokeratology costs will vary by practitioner. Typically corneal refractive therapy will cost much less than Lasik surgery. Major Ortho-k cost components include; the doctor's experience and reputation, the prescription complexity, whether a spare/replacement pair of Ortho-k lenses is included, whether there is partial performance guarantee included…
Usually banks offer zero balance bank accounts to customers who have salary accounts with them. I have a zero balance account with DBS and since DBS and POSB are part of the same group, I guess they too will have a zero account balance bank account. You need to submit this bank account to your employer and if they GIRO your salary to this account automatically every month, it should be fine.
Can an employer rescind a job offer after discovering that an employee was previously terminated from another job?
I think it depends on what State you live in and if that State is an "at will" employer. You can contact the State Employment Agency, they should know. An employer can rescind an offer at any time for any reason or no reason. If you incurred costs by accepting the offer (like moving or quitting a previous job) the employer may owe damages, unless you lied about not being terminated.
Can an employer in the State of Michigan provide health insurance for only certain employees and deny others?
Yes. Most states are now at-will employment states. There is no contract, and the relationship can be terminated at any time by either party for any reason or no reason at all. All true. BUT, if the employer withdrawing the offer causes you measurable damages - like the loss of your former job and its retirement plan - the employer that withdrew the offer may owe you damages.
Yes, there are several different circumstances where this could happen. If the employer has discontinued the plan entirely, then there is no COBRA coverage to be offered. If the company has fewer than 20 employees, the plan does not have to offer COBRA coverage. If the company is a church, it is not required to offer COBRA. Last, if you were fired from the job for gross misconduct, the employer does not have to offer…