Ask Experts Questions for FREE Help !
Ask

Search:

Type: Posts; User: jef1056

Search: Search took 0.00 seconds.

  1. With National health care reform taking effect....

    With National health care reform taking effect. Health plans, on renewal, will allow coverage of children up to the age of 26 on a family plan.
  2. Answers
    11
    Views
    17,348

    You are looking at a March discusion. The 65%...

    You are looking at a March discusion. The 65% subsidy has ended as of May 31.
    COBRA is a federal regulation for companies with 20 or more employees and needs to be offered to you unless you were...
  3. Premiums on group life over $50,000 is taxable. ...

    Premiums on group life over $50,000 is taxable.
    Portion of Health, Dental etc. premium for a non IRS qualified dependent. Such as domestic partner etc. is taxable.
    Some other non mainstream...
  4. Not in most states. Some do regulate Health...

    Not in most states. Some do regulate Health contributions so as not to disciminate against lower compensated employees.
    For tax purposes benefits are not considered compensation.
    If you have a...
  5. No not usually but it can depend on the benefits.

    No not usually but it can depend on the benefits.
  6. As long as you have the HSA account active and a...

    As long as you have the HSA account active and a qualified health plan in force at the time that the expenses were incurred. Yes.
    The only accounting you would need to make is at an IRS audit. As...
  7. As long as you have the HSA account active and a...

    As long as you have the HSA account active and a qualified health plan in force at the time that the expenses were incurred. Yes.
    The only accounting you would need to make is at an IRS audit. As...
  8. Answers
    4
    Views
    911

    That's a tax question not a "health insurance"...

    That's a tax question not a "health insurance" question.
  9. Answers
    4
    Views
    911

    First, To be eligible to open an HSA the...

    First, To be eligible to open an HSA the insurance plan has to be a HSA qualified, high deductible health plan. Not every high deductible plan will meet the IRS guidelines for an HSA.
    Secondly,...
  10. Unless he is currently on COBRA the new...

    Unless he is currently on COBRA the new employer/carrier has no obligation to offer/continue COBRA.
    If he is allowed on the group plan of the new employer then there are tax obligations for both...
  11. Not, Entirely true. Massachusetts and Hawaii...

    Not, Entirely true. Massachusetts and Hawaii require businesses to pay a portion or face fines.
  12. They have 45 days from loss of coverage to notify...

    They have 45 days from loss of coverage to notify you. It seems they have gone beyond what is allowed.
    In any case premiums and coverage would be retroactive to 9/30. Depending on company size...
  13. Yes, Unless there is an extension of the subsidy...

    Yes, Unless there is an extension of the subsidy you are out of luck. If it is an amicable separation, maybe you could ask them to term both you and the insurance 12/30.
  14. Answers
    3
    Views
    1,812

    I assume you are with a company with more that 20...

    I assume you are with a company with more that 20 employees.
    You could probably stay with your plan while unemployed. Once you are eligible for your own coverage with a new job you are no longer...
  15. Answers
    3
    Views
    790

    In addition to the state, it also depends on...

    In addition to the state, it also depends on whether the plan is "Fully Insured" or "Self Funded" for covered mandates. Your HR dept should be able to tell you which. If Fully Insured a little...
  16. Each state regulates it's own insurance. What is...

    Each state regulates it's own insurance. What is common in one state may not be allowed in another. For example, some states allow companies with one employee to get group coverage, but not in Texas....
  17. Answers
    1
    Views
    1,104

    Unfortunately death is specifically excluded as...

    Unfortunately death is specifically excluded as an involuntary loss of employment to qualify for the subsidy in the ARRA.
  18. Depending how the former employee was notified,...

    Depending how the former employee was notified, COBRA may not even have started.
  19. Answers
    2
    Views
    353

    Link to Oregon COBRA subsidy information The...

    Link to Oregon COBRA subsidy information

    The Federal Stimulus Package: Help with Health Insurance Premiums
  20. Answers
    2
    Views
    353

    Yes you are. For how long would depend on the...

    Yes you are. For how long would depend on the size of the business. 19 and under would default to the state of Oregon "Mini COBRA" regulations. In this case 6 months.
    If over 20 employees, it's 18...
  21. They don't pay while you are deciding on COBRA....

    They don't pay while you are deciding on COBRA. You would be termed from the plan in accordance with company policy. Usually the day of term or in rare cases at the end of the month termed.
    1) The...
  22. Question: Cobra eligibility

    by jef1056
    Answers
    5
    Views
    1,371

    COBRA eligibility depends on the size of the...

    COBRA eligibility depends on the size of the company and/or the state the company is based in.
    COBRA is a federal regulation for companies with 20 or more FTE employees. Many states have adopted...
  23. Question: Pre-wedding baby

    by jef1056
    Answers
    4
    Views
    856

    You may still want to get on your future husbands...

    You may still want to get on your future husbands plan. It could be less expensive with one family plan in the place of a separate couple/family and a single.

    First, fully insured group health...
  24. Question: Cobra subsidy

    by jef1056
    Answers
    3
    Views
    830

    Not quite correct. There is no requirement...

    Not quite correct.

    There is no requirement that you did not elect to take COBRA. If you lost your job between 9/1/08 and 12/31/09 you are entitled to the subsidy with a special open enrollment....
  25. Question: Cobra subsidy

    by jef1056
    Answers
    3
    Views
    830

    No, COBRA is based on losing insurance.

    No, COBRA is based on losing insurance.
  26. Answers
    2
    Views
    757

    First, every state regulates their own insurance...

    First, every state regulates their own insurance industries. What may be correct in Fr Chuck's state will different in other states.
    And it differs if you currently have insurance or how long you...
  27. Answers
    2
    Views
    1,807

    It's more dependent on the state you reside in....

    It's more dependent on the state you reside in.
    Check here for info on your state.

    State-Mandated Insurance List - Fertility LifeLines™
  28. Typically a new hire is a qualifying event....

    Typically a new hire is a qualifying event. Meaning that once you meet the waiting period the employer has set for new hires you can enroll in the plan and not need to wait for the annual open...
  29. Check out Craigslist. I had my system done...

    Check out Craigslist. I had my system done recently and found someone that does it on the side. Cost 1/3 what my friendly oil company wanted.
    Just be sure to check references and a good option is to...
  30. Answers
    4
    Views
    1,053

    An option would be to find a job with benefits...

    An option would be to find a job with benefits from a company based in a state that mandates fertility coverage.

    More info here:

    State-Mandated Insurance List - Fertility LifeLines™
  31. No, there will not be a problem. As long as you...

    No, there will not be a problem. As long as you don't have a lapse of more than 63 days and meet the new employers probationary period for new hires, typically 30 - 90 days. A new hire is a...
  32. Answers
    7
    Views
    12,201

    Home Depot has a hole cutter in the tool section...

    Home Depot has a hole cutter in the tool section with a carbide edge that is made for cutting holes for recessed lights in sheetrock & plaster. It's made by Remgrit. I have cut over 50 holes and it's...
  33. Question: COBRA Coverage

    by jef1056
    Answers
    3
    Views
    1,808

    COBRA regulations allow you 60 days to decide if...

    COBRA regulations allow you 60 days to decide if you want to sign up for COBRA as long as Federal COBRA regulations apply to you. You need to have been employed by a company with 20 or more...
  34. Answers
    2
    Views
    632

    It's 63 days without coverage that will allow the...

    It's 63 days without coverage that will allow the pre existing to kick in.
    Your coverage is through your employer? Fully insured group insurance plans do not have pre ex clauses.
  35. Question: Maternity Leave

    by jef1056
    Answers
    2
    Views
    910

    If I understand your question. You want to know...

    If I understand your question. You want to know how long you can keep the employer sponsored group health plan you currently have. If you decide not to return to work after the baby is born. Follow...
  36. Answers
    2
    Views
    736

    I'm not sure where the forcing someone to go on...

    I'm not sure where the forcing someone to go on Medicare comes from. We have several clients that have chosen to stay with the group plan they are part of and not sign up for Medicare. Some companies...
  37. Answers
    1
    Views
    550

    For the most part every state regulates their own...

    For the most part every state regulates their own insurance industry. The cost and availability will depend on where you reside. Some states have a thriving individual market and the rates can be...
  38. Answers
    1
    Views
    522

    Ask your divorce lawyer what he negotiated for...

    Ask your divorce lawyer what he negotiated for you.
  39. Question: COBRA and divorce

    by jef1056
    Answers
    2
    Views
    629

    If your sister has had prior continuous coverage...

    If your sister has had prior continuous coverage and there has not been a lapse of more than 63 days, she does not have to serve a waiting period. Per Erisa. Also, if the firing was for gross...
  40. Answers
    5
    Views
    3,484

    You mentioned 1X6 floor joists. I would assume...

    You mentioned 1X6 floor joists. I would assume you meant 2x6. Even with 2x6 they may be a little flimsy for a floor. When they were installed they were probably not intended to carry much of a load....
  41. Answers
    2
    Views
    637

    Depends on the state you are in. Here in MA the...

    Depends on the state you are in. Here in MA the individual and group market have merged. No pre existing and no rating for health. Rates are based strictly on age and location. Also here, a dependent...
  42. Question: Uninsulated pipes

    by jef1056
    Answers
    1
    Views
    450

    Uninsulated pipes

    I live here in New England and have a Hydro Air system with a boiler sending hot water to an air exchanger. The PEX pipes that go to the unit for the second floor run partially through an unheated...
  43. Question: Chair rail

    by jef1056
    Answers
    3
    Views
    2,938

    A nail gun should penetrate those easily. Make...

    A nail gun should penetrate those easily. Make sure you use a finish gun and not a brad nailer.
  44. Question: Dental Insurance:

    by jef1056
    Answers
    1
    Views
    648

    Find a Dental school. They will frequently offer...

    Find a Dental school. They will frequently offer free or reduced cost services.
  45. Answers
    5
    Views
    1,463

    Sounds strange. They should know pretty quickly...

    Sounds strange. They should know pretty quickly if you eligible for payments. What was the reasoning for determining that you were paid in error?
  46. One thing to look into. Many large companies, you...

    One thing to look into. Many large companies, you stated there were 10,000 employees, self insure. The insurance carrier may only be used for administration or stop loss, only paying out of their own...
  47. Question: Cobra Rates

    by jef1056
    Answers
    11
    Views
    2,536

    First remember COBRA is a federal regulation for...

    First remember COBRA is a federal regulation for companies with over 20 employees. Sates can make it more comprehensive and apply it to companies under 20 if they choose. So every state can be...
  48. Question: Sect. 125 Plan?

    by jef1056
    Answers
    1
    Views
    1,374

    There are tax issues with owner operated...

    There are tax issues with owner operated businesses and 125 plans.
    Look Into a HSA plan. Marries a high deductible health insurance plan with a tax free savings account.
  49. Question: AFLAC Premiums

    by jef1056
    Answers
    2
    Views
    2,084

    They can be, if your 125 was written to include...

    They can be, if your 125 was written to include them. There are reasons against paying for some insurance premiums pre tax. For example, if you pay disability insurance pre tax, your benefits will be...
  50. Answers
    2
    Views
    6,259

    Thirteen states have a mandate to some extent for...

    Thirteen states have a mandate to some extent for Infertility treatments. CA has a mandate to offer, the carrier has to tell the employer that infertility coverage is available, at additional cost. ...
Results 1 to 50 of 70