Is the family combined credit (called “spousing”) still available?
Yes. When both husband and wife are regular full-time UK employees, the single coverage tier credit is combined with the employee plus children coverage tier credit, and both credits are applied toward the cost of the family premium. The out of pocket cost is exactly the same as one employee being on a single plan and the other employee being on an employee plus children plan. There is no benefit in combining credits if you are in the UK-HMO, or UK-EPO plan. However, there is an advantage of combining credits in the PPO plans that have a family maximum on deductibles. Employees may have a lower deductible amount to meet in one family plan versus in two separate plans.
Related Questions
- Will the Two UK Employee + Family credit (formerly called "spousing" or "combined credit" ) still be available in the 2009-2010 plan year?
- Will the Two UK Employee + Family credit (formerly called "spousing" or "combined credit") still be available in the 2010-11 plan year?
- Will the family combined credit (called "spousing") still be available in the 2008-2009 plan year?
