Will employer save money if employee does not sign up for health care coverage?

Question

Will employer save money if employee does not sign up for health care coverage?

Answer 1

That depends on whether the employer pays for your coverage or deducts it from your check. If he is paying for it himself, he is saving money now, but losing a tax deduction in the future. If he takes it from your check, then he will neither save nor lose money.

Answer 2

Yes.

Answer 3

Most group plans require that the employer pay at least 50% of employee premium. If the group is small, and the employee being added is older, or a younger female, this could effect the rates at renewal.