Quote:
Originally Posted by bizaro86
Many companies use benefits on a flex dollar system. So you get xxx flex dollars and the various benefit choices come out of that. I often declined benefits and took extra vacation days/rrsp contributions as my wife had good benefits.
If you can get $200/month cash instead of the benefits, then the benefits cost you $200/month.
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Partially true, if you said your Salary is 100k and the employer provides flex benefits worth $2400. Then either your Salary is 102.4k and your benefits cost you $200 per month or your Salary is 100k and the employer has a benefit program paying for $2400 worth of benefits. Not sure if it really matters.
If the question in your scenario was does the employer pay for health benefits I would say yes Extended health coverage is provided at no additional cost to the employee.