 Do I have health insurance if my prexisting condition is not covered? |
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I live in Dallas, TX.
I'm 18, female, not pregnant, nor do I have a kid living with me.
I am UNEMPLOYED (trying to get a job) and have NO income.
I live with my ... |
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 Whole life or term policy?? |
Mom is 78 still healthy. I was quoted by a friend of my sister that she should take out a whole life policy on my mom for $50,000, at $275/mo
I found a 10 year Term policy with the same ... |
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 HELP! I sugned up for health insurance through another website.I received an email notification that my credit |
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Homeowner's insurance is definitely not my area of expertise. :)
I think that my house may be over-insured, but I want some opinions to be sure.
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| Hi, me and hubby have been married for a few years now, and we're both healthy people. All I do is visit my Gyno once a year for my annual checkup, and pay $50 bucks a month for my birth ... |
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The whole expenses to give birth cant be more than 1... |
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I buy my own health insurance. Currently I am being ripped off by Blue Cross Blue Shield! They suck and they are very expensive. Anyone know a better health insurance that is not too expensive?
<... |
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A... |
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♫♪♫Love & Kisses♫♪♫ | Is It true some employers give employees who decline health isurnace a few hundred dollars a month ? |
To use toward health costs?
What is this called? |
 |
 
View from a horse
 |
With some limitations it is ok for companies to do this. If a company contributes a flat amount - say $100 per month - to the cost of group insurance for EACH employee, then they can have a formal arrangement where they will give the money in cash to employees who opt out of the group package.
The way they do it is, they give everyone $X raise (say, $100 per month). Then, they deduct the $100 per month from the checks of those who enroll in group coverage. That way, if an employee opts out, they keep the $100 and can use it on private insurance.
It has to be a formal plan adopted by the board of the corporation, and it must treat all employees equally. |
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Insurance Biz CT
|
Rob is on the right track. It is usually offered by employers to entice employees who have coverage elsewhere from obtaining a second plan. As an agent, I would never advise one of my clients to offer this type of thing to someone who does not have insurance. |
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Quixotic
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Yes. The general idea is to encourage people to go onto their spouses insurance.
I don't think they will give you the money if you don't have any insurance. |
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Rob D
 |
My wife was paid an additional $90 per month for declining coverage from her employer while we were enrolled in my employer's plan. |
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california bill
 |
Yes but it is rare. Thre is no formalname to the practice. Usually it is done in lieu of group health plans. The problem is some people pocket the money and go uninsured. People with health problems can't get the individual coverage in most States while some States (like California) requires the insurance company accept all employees with employer's with 50 or less employees regardless of health at standard rates for group insurance. |
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Custo
|
Yes, its true. I've heard it called different things. Medical Waiver Reimbursement. HealthCare Spending reimbursement. Its an employer based thing, and its pretty rare. Its kind of like when your employer gives you $ to help towards daycare... Talk to someone in your HR to see if its available. |
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