S
stevjen
Guest
What is the name of your state? MO
We are a self-insured health plan and currently pay 100% for employee coverage and family coverage. We would like to offer incentives for employees w/family coverage to opt out. Specifically, we would like to give them $X to opt out. My questions are:
1. Does this create any problems legally (discrimination) for the employees with only single coverage?
2. Would it be permissible to require that the opt-out amount be directed in our 401(k) plan as an employer contribution on behalf of the employee who opts out?
Any guidance/help is greatly appreciate.
Thank you.
We are a self-insured health plan and currently pay 100% for employee coverage and family coverage. We would like to offer incentives for employees w/family coverage to opt out. Specifically, we would like to give them $X to opt out. My questions are:
1. Does this create any problems legally (discrimination) for the employees with only single coverage?
2. Would it be permissible to require that the opt-out amount be directed in our 401(k) plan as an employer contribution on behalf of the employee who opts out?
Any guidance/help is greatly appreciate.
Thank you.