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Higher pay in lieu of medical benefits Idaho

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  • Higher pay in lieu of medical benefits Idaho

    Two part question:

    Can an employee waive medical benefits to recieve higher pay?

    If yes, does the employee need to wait until open enrollment to sign up, or would the employer offering benefits be considered a qualifying event?

    Thanks

  • #2
    Can an employee waive medical benefits to recieve higher pay? Yes, if the employer allows that.

    If yes, does the employee need to wait until open enrollment to sign up, or would the employer offering benefits be considered a qualifying event? What do you mean by "offering benefits"? Are you saying the employer just changed their policy by offering pay in lieu of benefits? Or are you referring to an employee who is newly eligible for participation on the employer's benefit plans?

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    • #3
      What do you mean by "offering benefits"? Are you saying the employer just changed their policy by offering pay in lieu of benefits? Or are you referring to an employee who is newly eligible for participation on the employer's benefit plans?

      The employer would like to now offer the employee benefits, not a change in policy... (i.e. its been a year, employee is great, and ER is now offering benefits to the employee).

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      • #4
        If the employee is now eligible for participation in the employer's group health plan, then he or she can avail themselves of whatever benefits are being offered and elect to participate or not. The employee may take money in lieu of benefits IF the employer's Plan allows that. An employee does not get to decide to take cash in lieu of participation - that's entirely the employer's decision.

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