We offer a Section 125 Cafeteria Plan. Is that the same as offering an employer-sponsored group health plan?
Cafeteria plans are commonly offered as tax conduits (allowing employees to pay for health insurance with pretax dollars) and are separate from the underlying benefit plans that actually provide the benefits. Check your cafeteria plan document. To learn more about Section 125 Cafeteria Plans, visit The Connector website at: www.mahealthconnector.
Cafeteria plans are commonly drafted to specifically provide that they are only a tax conduit (allowing employees to pay for health insurance with pretax dollars) and are separate from the underlying benefit plans that actually provide the benefits. A plan so drafted would not be considered a group health plan. Check your cafeteria plan document. To learn more about Section 125 Cafeteria Plans, visit: www.mahealthconnector.
Related Questions
- As an Employer, if I offer a HSA under my Section 125 Cafeteria Plan, does my Cafeteria Plan Plan Document need to be altered?
- We offer a Section 125 Cafeteria Plan. Is that the same as offering an employer-sponsored group health plan?
- Can an employer or group choose not to offer coverage to qualified dependents through their health plan?
