What is the name of your state (only U.S. law)? Alabama;
Hello, I am a family physician and I have a private practice setup with a partner. We have health insurance representatives come in and attempt to sell insurance to our employees. I allow the employees to choose the plan, and I pay for it out of the corporation's pocket. The payments are made post-tax. I recently read the manual for the individual plan, and noticed that it says that your employer may not sponsor or endorse the employee. This also means that the employee may not pay for it through Section 125 of the Internal Revenue Code. I have read up as much as I can on this and am confused. Right now, the money for all of the employees goes electronically automatically to Blue Cross Blue Shield of Alabama. The Blue Cross people have said nothing about it, yet. The drug representative said nothing about employers not being allowed to sponsor employees and I did not sign anything. I, now, am in a predicament because I have employees who depend on my paying for them and yet, I do not want to be held liable and risk my practice. What should I do?
Hello, I am a family physician and I have a private practice setup with a partner. We have health insurance representatives come in and attempt to sell insurance to our employees. I allow the employees to choose the plan, and I pay for it out of the corporation's pocket. The payments are made post-tax. I recently read the manual for the individual plan, and noticed that it says that your employer may not sponsor or endorse the employee. This also means that the employee may not pay for it through Section 125 of the Internal Revenue Code. I have read up as much as I can on this and am confused. Right now, the money for all of the employees goes electronically automatically to Blue Cross Blue Shield of Alabama. The Blue Cross people have said nothing about it, yet. The drug representative said nothing about employers not being allowed to sponsor employees and I did not sign anything. I, now, am in a predicament because I have employees who depend on my paying for them and yet, I do not want to be held liable and risk my practice. What should I do?