when the employer pays some or all of the cost of health insurance for its employees, the benefits paid to each employee are

1 answer:

5 0

When the employer pays some or all of the cost of health insurance for its employees, the benefits paid to each employee are not taxable to employee. A group health insurance policy, also known as a group medi claim policy or corporate health insurance, provides coverage to a group of people.

Employer implement this approach in order to foster employee trust and loyalty. In this instance of health insurance, the employer is responsible for the premium. When it comes to pre-existing conditions, maternity benefits, and so on, most insurance companies have a waiting period rule. According to the clause, an insured individual cannot file a claim for certain conditions for a number of years.

To learn more about health insurance, click here

brainly.com/question/27302614

SPJ4

You might be interested in

What happens to the percentage of tax as the income that is taxed?

just olya [345]

Depending on your state, it can go towards county taxes (e.g. Fire Protection, School Maint. Op.) Or it can go to state for transportation and other funds.

8 0

2 years ago

The reason Air-Omnibus was not celebrating despite selling more aircrafts than Crow-Wing in 2003 was because of the Multiple Cho

ivanzaharov [21]

Answer:

i wouldnt be celebrating either

Explanation:

i certainly wouldnt feel joyous if my regulations were increasing

4 0

2 years ago

Sandy is a personal financial planner at Pro-Future, Inc. Pro-Future is a financial company that focuses on personal and busines

amid [387]

Answer:

d. The higher the risk, the lower the possible investment.

Explanation:

With regards to speculation, hazard can be characterized as the changeability of return. the contrast between real result and expected result can be called as hazard. In the given model, Sandy think about that there is a positive connection between the likelihood of hazard and returns. for example on the off chance that there is high hazard, the likelihood of getting returns is high. in the event that there is less hazard, the likelihood of getting returns is low.

Right now, likes to go with if the higher the hazard, the lower the potential ventures, in light of the fact that the inconstancy of profits is high. Means the financial specialist could conceivably get the profits, consequently they may like to go with certain and ensured returns than dubious more significant yields. In the region of ventures it is a typical inquiry to all, some may go with higher the hazard the lower the conceivable speculation.

Henceforth, the appropriate response is option D.

In the event that an announcement is there that the higher the hazard, the bigger the potential returns, it doesn't imply that the speculator gets more significant yields with his ventures. the odds are there to get more significant yields simultaneously there are a few issues moreover.

8 0

2 years ago

How old can you be to get your license?<br>A) 16<br>B) 18<br>C) 19

jekas [21]

Answer: 18

Explanation: Legal age to drive

7 0

2 years ago

Read 2 more answers

Suppose that there are 50 firms in a monopolistically competitive industry in country A and 50 firms in the same monopolisticall

blondinia [14]

Answer:

The total number of firms in this industry will decrease in the long run because increased competition will mean lower profit margins which will lead to some firms earning sub normal profits which will force them to leave the industry.

Explanation:

3 0

2 years ago