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"declined the insurance offered by my company." don't know how it is in the US, so this may look uninformed, but are you getting extra $$$ added to your salary
by kmlx 7y ago
"declined the insurance offered by my company."
don't know how it is in the US, so this may look uninformed, but are you getting extra $$$ added to your salary, equivalent to what the employer was paying for the insurance?
- wonderwonder 7y agoNo, I don't get the difference. The company keeps what it would pay towards my insurance but I don't have anything deducted from my check for what would be my share of the insurance either. Edit: My wife though pays more for her company insurance as they would need to insure me as well.
- moate 7y agoNot typically, but it's possible that someone might be able to negotiate this with their bosses. Typically people opt out of company insurance because of one of the following reasons: It's cheaper for them to find services through the marketplace (extremely uncommon, but possible), They have superior insurance through a spouse or family member, they feel that the insurance they're provided with isn't sufficient and they would prefer to purchase better insurance themselves.
- shagmin 7y agoIt's not the norm, but I was once offered a job where if I declined health insurance they'd pay me the difference - it was a 4 person company.