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Can you drop your employer-sponsored health insurance at any time?
You can always drop due to a qualifying event. If you did not have a qualifying event, check your Section 125 Plan (AKA Cafeteria Plan). This document dictates the contributions that you make pre-tax through payroll deduction... so your ability to stop paying may be the key to your decision.
Can your employer cancel your health insurance while you are still employed?
Yes, in certain situations. For example, 1) If you are no longer considered an "Eligible Employee" - (ie. you no longer work enough hours to be considered full-time); 2) If your employer discontinues the plan for all employee's. Note: Any involuntary loss of coverage may be a COBRA or HIPAA event.
How Can you Cancel your Health Insurance Plan?
You can cancel one plan and move to another during open enrollment each year. If you have a Life Event, such as marriage, death, birth of a child or ending of COBRA, you should be able to make changes, including moving to another insurance or to add/remove a person.
When was Masters Qualifying Event created?
Masters Qualifying Event was created in 1990.
When did Masters Qualifying Event end?
Masters Qualifying Event ended in 2009.
Can you drop your employers health insurance to enroll in your spouses insurance if it is not open enrollment in YOUR insurance in Oregon?
You can dump yours at any time as long as you can be added to your spouses at this time. Answer The way I read the "permitted election changes " rules, no. You would have to wait for your open enrollment to cancel, which would be a qualifying event allowing your spouse to add you to his/her policy. To read the IRS guidelines use this link. http://mtnhealthinsurance.com/index.php?pageName=IRSSection125-4 Don http://mtnhealthinsurance.com
If we all cancelled healthcare insurance would that force lower premiums?
Yes and No, but mostly it will be no. Insurance is simply a pool of money from a group of people to provide funding in the event of a loss(claim). It is unlikely that everyone will cancel their health insurance. If they did, then there would no longer be a pool. However, if more people cancel their coverage, it will actually reduce the pool of money and cause the premium of those who maintain their insurance to go up.
Who to talk to when your company refuses to allow you to put your son on the health insurance plan due to no open enrollment?
All policies have specific rules for adding dependents. The general rule is either at open enrollment or when there is a qualifying event. That event might be loss of previous coverage, new birth or adoption etc. You are generally not allowed to add a dependent at will. One of those circumstances must be the reason and each has a specific time frame that must be followed. If you do have a qualifying event and your employer is refusing to add your son call your state Dept of Insurance.
How can you apply for Cobra medical insurance?
You can apply for Cobra medical insurance from the Department of Labor when a qualifying event entitles you to a claim. Some examples of qualifying events include termination of your employment through no fault of your own or reduction in the number of hours available to work.
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.
What is supplemental health insurance and what are the benefits of having it?
Supplemental health insurance is extra health insurance purchased by you. It could be beneficial by making you better covered in the event that you need to use it and it could even make your co-pays lower for routine doctor visits.
Can an employer refuse insurance coverage to an uninsured spouse?
Maybe. What does their agreement with the Insurance Company say? Employment manual? Are other dependents covered for other employees? Open Enrollment? Qualifying Event? For more info see www.SteveShorr.com
