My company recently changed their health insurance, Only one plan is offered. Our deductibles became higher and our contribution almost doubled. Intrestingly enough, I just found out that all upper managers got to retain their old plan with very small deductibles and retained the old contribution which is less then half of the other plan.
The old Plan is not offered to lower management or hourly workers. I want to know if this is legal, I am located in Florida
2006-08-17 08:21:31 · 2 answers · asked by poor no more 1 in Business & Finance ➔ Careers & Employment
A company can maintain a separate "executive" plan that is not the same for all employees. Usually it is referred to as an executive plan and is considered part of their benefit package.
2006-08-17 12:30:10 · answer #1 · answered by hr4me 7 · 0⤊ 0⤋
Yes it is legal.. it's called a perk..
2006-08-17 08:26:32 · answer #2 · answered by Imani 5 · 0⤊ 0⤋