Understanding Employer Coverage
No, employers are not required to offer part-time employees — anyone who typically works fewer than 30 hours per week — health insurance. Further, your employer won’t pay a penalty if it does not offer part-timers insurance. If you’re a part-time employee who isn’t getting coverage through your job you may still have options. You […]
If your spouse has health insurance through an employer, you can get coverage under that plan. Or you can choose to buy a marketplace, but only if …
My employer plan is grandfathered, so it does not cover all the essential benefits. Can I drop it for a marketplace plan?
Grandfathered health plans include plans that existed or were purchased before March 23, 2010, and haven’t been changed in a substantial way since then. While grandfathered plans are considered minimum essential coverage, the Affordable Care Act (ACA) doesn’t require grandfathered plans to: Cover preventive care for free Guarantee your right to appeal Protect your choice of […]
For purposes of complying with the requirements of the Affordable Care Act (ACA or “Obamacare”), a worker is considered full-time if he or she works an average of 30 or more hours per week. Therefore, anyone working fewer than an average of 30 hours per week is considered part-time in the eyes of the government. […]
Find out which type of plans you can purchase with tax credits (if you qualify for tax credits). Simple explanation from a licensed health insurance broker.
As of 2015, any company with more than 50 full-time employees must provide “minimum adequate coverage” or make employer shared responsibility payments. An employee is considered full-time if he works at least 30 hours a week on a consistent basis. Smaller companies — those with fewer than 50 full-time employees — won’t be subject to […]
Health Reimbursement Account and Health Arrangement plans combine the best aspects of the Flexible Spending Account (FSA) and the Medical Savings Account (MSA). This type of account is employer funded and sponsored as a way for the employer to give employees freedom of choice in healthcare planning while controlling costs. An HRA is IRS approved […]
If you work for a company that has more than 50 full-timers, your employer must cover you. Working for a smaller company means you may not be covered.
Employer health insurance. Know your rights.
My employer offers benefits but doesn’t make much of a contribution to the premiums. Can I buy a marketplace plan instead?
Shop around for the best price on healthcare plans.
I was just hired, and I’ve been told there is a waiting period before I can get benefits. Is there any way to get insurance in the meantime?
Before your employer plan kicks in, you do have other options.
In with the new, out with the old. Cancel your old insurance policy.
Don’t drop your employer plan until you consider all the facts.
Cadillac plans will cost your employer plenty.