When should employees become eligible for health insurance? — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
To save on premiums, we’ve been reconsidering when new employees become eligible for health insurance benefits. Currently, new hires can sign up after their first full month of employment. Management wants to change it so new hires only become eligible after completing their 90-day “introductory period.” We would still pay 65% of the total premium. Has anyone else made this kind of switch? What do you think of the 90-day waiting period? — Eva, PA
State and federal regulators are taking a MUCH closer look these days at how you pay employees. Last year alone, the U.S. Department of Labor secured more than $250 million for employees in back pay. State regulators are racking up equally impressive hauls....Click here to find out more.