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What else can I help you with?
What is the amount you or your employer pays in exchange for insurance coverage called?
The term is "premium".
Which term refers to the amount you or your employer pays in exchange for insurance coverage?
Premium a+
What terms is the amount you or your employer pays in exchange for insurance coverage?
It is called a premium.
What is the term for the amount you and your employer pay in exchange for insurance coverage?
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.
How much does your employer contribute towards your health insurance coverage?
The amount that my employer contributes towards my health insurance coverage varies depending on the company and the specific plan.
If your employer offers health insurance and you opt not to have it are they required to compensate you for the cost of a premium?
No. Keep in mind that insurance coverage is very expensive and the employer, as a rule bears the largest amount.
Does humana health insurance have good coverage?
Humana is considered to be one of the best health insurance providers in the United States, but the level of coverage varies between plans. If you purchase yourself you can decide on the amount of coverage vs. cost, but if you get it through an employer they will decide your level of coverage themselves.
What does G. T. L. mean on a paystub?
G.T.L. on a paystub typically stands for "Group Term Life" insurance. This indicates the cost of life insurance coverage provided by the employer for the employee, which can be a taxable benefit if it exceeds a certain amount. The deduction is usually reflected in the paystub to show the amount deducted for this insurance coverage.
What is the deductible amount for earthquake insurance coverage?
The deductible amount for earthquake insurance coverage is the amount of money you must pay out of pocket before your insurance policy starts to cover the costs of earthquake damage.
What is Coverage A in insurance?
Coverage A is the dwelling amount. As in, if it cost $250K to rebuild your house then that is what your coverage A should be.
What is the minimum amount of liability insurance coverage required?
The minimum amount of liability insurance coverage required (in California) is: 15/30/5. 15/30/5
Imputed value of life insurance over 50000?
The imputed value of life insurance over $50,000 refers to the taxable benefit received by employees for employer-provided group life insurance coverage exceeding this amount. The IRS considers the cost of coverage above $50,000 as a fringe benefit, which is taxable to the employee. The imputed value is calculated based on the IRS table of uniform premiums, reflecting the employee's age and the amount of coverage. This taxable amount is reported on the employee's W-2 form.
