When are employees eligible for health care coverage? — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
Question: “We’re revisiting our health plan, and are looking at when new
employees should be eligible for coverage. Insurance companies we’ve
spoken to say we can sign people up for coverage after the first full
month of employment. A couple of executives think we should let
employees sign up only after they have completed our 90-day
introductory period. The company will be paying half the employees’
premiums. How long should an employee be on the payroll before becoming
eligible for company-paid health insurance?” -- Evey, New York
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If you classify any workers as "independent contractors”—or have plans to do so—now is the time to make sure you get that classification correct. A massive new "Misclassification Initiative” launched by the IRS and U.S. Department of Labor is targeting employers with more audits and closer scrutiny. The IRS estimates that 80% of workers classified as "independent contractors” are actually employees....Click here to find out more.