Wednesday, February 2, 2011

New company ownership does not provide Health Insurance?

I currently work for a company which provides me the option to enroll family in the health insurance plan. This company is currently being bought by another company, and they are telling me that there is no coverage for dependents under the plan, so I will have to pay 1k per month instead of 400 a month to cover my 2 dependents, Is this legal? Any suggestions of what I can do?
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You don't mention the state but yes it probably is legal. Most states don't mandate any continuance of health care levels in the case of a transfer in ownership. Even if they do it's usually temporary. Best to check with your own states dept. of labor to see if they can give you any guidelines. INSURING KIDS Check out the site below and the link it gives to pick your state and see what they're kids health assistance plan is like. STATE INSURANCE PROGRAMS FOR KIDS http://www.insurekidsnow.gov/ DEPT. OF LABORS - STATE OFFICES http://www.dol.gov/esa/contacts/state_of… INFORM YOURSELF Also bone up on simple, inexpensive methods of keeping your kids healthy. Even if they're eligible for a state free health care plan it's best to stay well. Simple stuff like a drop of hydrogen peroxide in their ears 1x a week and swabbing their nostrils with a good quality sesame seed oil or olive oil (expeller proccessed) will help prevent ear and respiritory infections. Dr. Mercola has a great site. VOTE Democratic in the next election. They're the only ones seriously addressing health insurance. Most of all good luck!
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