I apologize in advance as I am very new to group health insurance, so maybe this is a quick simple answer.
The situation is as follows: Have a group health plan that would be for 25 employees, overall younger demo, got a great rate with a non-guaranteed issue plan before finding one employee requires a monthly injection that costs over $60,000 a year. Doubled the premium.
Is there anyway to move this employee to another plan? Is there a way to move him to Obamacare and reimburse him for his insurance?
The situation is as follows: Have a group health plan that would be for 25 employees, overall younger demo, got a great rate with a non-guaranteed issue plan before finding one employee requires a monthly injection that costs over $60,000 a year. Doubled the premium.
Is there anyway to move this employee to another plan? Is there a way to move him to Obamacare and reimburse him for his insurance?