The Jacobs Company;Employee Group Insurance

The Jacobs Company Employee Benefit Plans & Services Medical Reimbursement Plans

Uninsured Or Insured

Payments from the general funds of the business to reimburse the employee for his or her medical expenses is called an uninsured or self-insured plan.

When the corporation pays premiums to an insurance company and thereby shifts the risk to an "unrelated third party," it is called an insured plan. The nondiscrimination rules do not apply to insured plans. Treasury Regs. 1. 105 -1 I (b)(1)(ii)

Medical Reimbursement Plans
Nondiscrimination Rules
Highly Compensated Employees

Group Health Insurance

Cobra Coverage Continuation

Cafeteria Compensation Plans

Flexible Spending Accounts

Medical Savings Accounts

Group Medical Insurance Plans

Health Care Portability

Please refer to our Health Insurance Section as we are developing the Employee Benefits Section

This document was last modified on July 26, 1999