In which John, who is kind of a fiscal conservative, uses the example of Hank to show how the current American health care system disincentivizes economic growth and entrepreneurship and argues that a public insurance option (even like the hodgepodge one in Montana) does not result in public bankruptcy but a more efficient and productive economy. Our community lives at www.nerdfighters.com
Video Rating: 4 / 5
Question by : Can an employer start deducting health insurance before I have it?
I recently applied for health insurance and my employer started deducting for it before my insurance kicked in. Example: I do not get insurance benefits until May 1 but I am already having it deducted from my paycheck.
Best answer:
Answer by A Hunch
Yes, you are prepaying your insurance.
April deductions is for May premiums
May deductions are for June premiums
If you do not continue working (you leave in August but paid for Sept), the employer can refund your money or continue the insurance for one month when you are no longer working.
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