How Group Health Insurance Works
If I change health insurance from my work’s group plan, how does that affect my before-tax premium payments?
Also, is it typical to have to wait for Open Enrollment to DROP health insurance coverage?
Clarification: my insurance premiums are currently deducted from my paycheck before taxes, so that I pay insurance with pre-tax dollars. Will I be able to pay insurance premiums with pre-tax income if I drop my company’s health plan?
If you drop your company’s health plan, you won’t be able to pay your health insurance premium with pre-tax dollars.
You can drop coverage at any time, it’s getting it back that has to wait for OE.
Universal Health Care Message to Americans From Canadian Doctors & Health Care Experts