Alvin Robinson works for the gas company and receives full family health care benefits as part of his compensation package. His health care policy is a major medical policy with a $2,000 family deductible, $25 copay, 80% coinsurance provision and $7,000 stop-loss provision.
Alvin's wife, Odessa, works as an office manager for a local company. Her benefits package includes employee only health care coverage. Her company allows employees to "opt out" of the health care benefit for a cash incentive of $250 per month.
-What advice would you give to Odessa concerning the opt-out option at her employer?

Question

Quizplus · Accepted Answer

Odessa should consider taking the $250 cash incentive since she is already covered under her husband's family policy. However, she should also understand any re-enrollment provisions with her employer's health insurance company before making the decision to opt-out. It's important to consider all the options and potential consequences before making a decision about health insurance.

Alvin Robinson Works for the Gas Company and Receives Full