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Why is it benefical to have health coverage and benefits from your employer?
Wiki User
∙ 13y ago
Perhaps the most beneficial reason is that someone else is paying all or a portion of your health insurance costs for you. Even if your employer pays 50% of your health insurance cost that's 50% less that you don't have to pay directly out of your pocket with post-tax $. Employer coverage is definitely a lot more limited on the choices of benefits & plans as opposed to the myriad of choices available if you were purchasing it on your own.
Another great benefit of employer coverage is that you don't have to go through 'medical underwriting' to qualify to enroll in the employer plan as you would have to for non-employer coverage in most states. In other words, you can't be denied enrollment into your employer health coverage based upon your existing health conditions or risk.
Wiki User
∙ 13y ago
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In Florida can a domestic partner get health coverage?
Yes. They can get it from an employer, if the employer voluntarily offers domestic partner benefits.
When would you be able to get Cobra health insurance coverage?
The Cobra health insurance temporarily extends the coverage by your sponsor or employer. This implies that you can get it after a loss of a job or loss of benefits.
Can you drop your health insurance coverage at anytime from your employer?
Can you drop your health insurance coverage at anytime from your employer?Read more: Can_you_drop_your_health_insurance_coverage_at_anytime_from_your_employer
Can you drop you health insurance coverage at anytime from your employer?
Can you drop your health insurance coverage at anytime from your employer?Read more: Can_you_drop_your_health_insurance_coverage_at_anytime_from_your_employer
What has the author Beth C Fuchs written?
Beth C. Fuchs has written: 'Mandated employer provided health insurance' -- subject(s): Employer-sponsored health insurance, Health Insurance, Insurance, Health, Law and legislation, Medically uninsured persons 'Private health insurance continuation coverage' -- subject(s): Continuation coverage, Health Insurance, Insurance, Health, Law and legislation, Legislative history, United States 'Taxation of employer-provided health benefits' -- subject(s): Employee fringe benefits, Health Insurance, Insurance, Health, Taxation
What are some benefits of having a Health Net insurance?
There are several benefits of having Health Net Insurance. Some of these benefits include emergency health coverage, coverage of newborns, prescription drug coverage, and adult and child preventative care.
Can an employer in NY deny coverage for a spouse is the spouse's employer offers health insurance?
ofcourse!
Can an employer suspend health coverage if the employee pays part of premium?
No, an employer cannot suspend health coverage if the employee pays part of premium. as per Law.In case where the employer pays the entire premium, he can suspend health coverage on one pretext or other.But when the premium is equally shared by both the employer and employee, it would be a contractual violation and the employee can sue against his employer for remedy.
Can an employer deny coverage to spouse who has lost health insurance?
Assuming the employer offers coverage to spouses, then the employer would not have the right to turn a spouse away. The spouse's loss of coverage is a "qualifying event" and the employer's insurer would allow the spouse to join.
How can I get HR policies in written format about health insurance coverage and cobra for a company I don't work for?
Contact the benefits coordinator for your employer or the HR dept. they will be able to provide you with this information.
Is it legal to have medical insurance from a private health plan and still use a company paid plan for health costs during the 1 year waiting period for the private insurance to start paying claims?
United States:Check your SPD or plan of benefits. Generally speaking, unless it is specifically excluded then yes, it is legal. There is a process called COB: "Coordination of Benefits," whereby two employer-sponsored health plans will coordinate which plan pays first, or is the "primary" payer. For example if you had coverage through your employer and your wife had coverage through her employer, the insurers would coordinate benefits between the two policies. This, however, is not the case when an individual purchases his or her own policy outside of an employment scenario for personal coverage.
What does sbc stand for in health insurance?
Summary of Benefits and Coverage
