Discrimination favoring management or highly paid employees is not permitted for deductible health and accident insurance plans. For self-insured medical reimbursement plans (i.e., direct payment or reimbursement by the employer of the medical bills of the employee or family), no discrimination, either in eligibility or benefits, is permitted if "highly compensated individuals" are to receive all plan benefits tax-free. The plan must benefit, in general, at least 70% of employees who are not highly compensated employees. However, there are exceptions. A "highly compensated employee" is one who has a significant ownership interest in the company, or who is one of the five highest paid officers or employees. An alternative designation is an income threshold, currently $80,000. If a self-insured plan is discriminatory, an employee who is considered a highly compensated employee must include the amount of discriminatory benefits received in gross income.
Broward County, located in Florida, offers corporations the option to establish a self-insured medical payment plan for their key employees through a corporate resolution. This resolution enables corporations to take charge of their employee healthcare costs while providing essential medical coverage to their key personnel. By opting for a self-insured medical payment plan, corporations can closely manage and control expenses associated with healthcare benefits. One type of Broward Florida corporate resolution establishing a self-insured medical payment plan for key employees is the "Broward County Self-insured Medical Payment Plan Resolution for Corporate Entities." Under this resolution, corporations can outline specific details regarding the self-insured plan, such as eligibility requirements, plan design, coverage options, and cost-sharing arrangements. This type of resolution allows corporations to tailor the medical payment plan according to their specific needs and objectives. Another type of Broward Florida corporate resolution is the "Broward County Self-insured Medical Payment Plan Resolution for Small Businesses." This resolution is designed to cater specifically to small businesses within the county, providing them with a flexible and cost-effective solution for offering medical coverage to their key employees. By implementing this resolution, small businesses can have the flexibility to customize the plan that best suits their budget and employee needs, all while still maintaining control over healthcare costs. In both types of resolutions, keywords relevant to Broward Florida, corporate resolution, self-insured plan, medical payment plan, key employees, and healthcare costs are essential. These keywords ensure that the content caters precisely to the specified topic and target audience, allowing corporations and small businesses in Broward County to access comprehensive information on implementing self-insured medical payment plans for their key employees.Broward County, located in Florida, offers corporations the option to establish a self-insured medical payment plan for their key employees through a corporate resolution. This resolution enables corporations to take charge of their employee healthcare costs while providing essential medical coverage to their key personnel. By opting for a self-insured medical payment plan, corporations can closely manage and control expenses associated with healthcare benefits. One type of Broward Florida corporate resolution establishing a self-insured medical payment plan for key employees is the "Broward County Self-insured Medical Payment Plan Resolution for Corporate Entities." Under this resolution, corporations can outline specific details regarding the self-insured plan, such as eligibility requirements, plan design, coverage options, and cost-sharing arrangements. This type of resolution allows corporations to tailor the medical payment plan according to their specific needs and objectives. Another type of Broward Florida corporate resolution is the "Broward County Self-insured Medical Payment Plan Resolution for Small Businesses." This resolution is designed to cater specifically to small businesses within the county, providing them with a flexible and cost-effective solution for offering medical coverage to their key employees. By implementing this resolution, small businesses can have the flexibility to customize the plan that best suits their budget and employee needs, all while still maintaining control over healthcare costs. In both types of resolutions, keywords relevant to Broward Florida, corporate resolution, self-insured plan, medical payment plan, key employees, and healthcare costs are essential. These keywords ensure that the content caters precisely to the specified topic and target audience, allowing corporations and small businesses in Broward County to access comprehensive information on implementing self-insured medical payment plans for their key employees.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
