Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Old 02-07-2013, 11:12 AM   #41
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2005
Posts: 11,453
Originally Posted by Buckeye View Post
Doesn't "provide" just mean "make available for the employee to purchase if he wants to?" Can't companies offer insurance but keep their costs relatively low by shifting most of the cost of the premium to the employee if he wants coverage through the company's plan? Some employees may not be able to afford the premium but that's the employee's problem/choice and the company has met its obligation?

I may be misunderstanding what the word "provide" means wrt the PPA.

Looking at the link Samclem provided... I saw

"minimum essential coverageMinimum essential coverage in relation to employer-sponsored health care coverage:
Coverage that is “affordable,” offers the required essential health benefits, and pays at least 60 percent of the total allowed costs of the plan benefits (or actuarial value).

So, it seems the company has to pay 60% for it to count.... just providing coverage is not enough....

Texas Proud is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


All times are GMT -6. The time now is 05:28 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.