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Reply to Disabled Holder and Continued Medical Coverage     
Old 07-21-2017, 12:35 PM   #1
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Disabled Holder and Continued Medical Coverage Disabled Holder and Continued Medical Coverage
Sub s corporation, 63 father owns 51%, son ( who runs the company) 25% ownership, non worker investor owns 24%. Father's salary is 250,000. Father recently had major stroke, no disability coverage. Son is still paying salary and plans to continue although unlikely father will ever be able to work again. Can he continue to stay on group health although not working?
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  Reply With Quote to Disabled Holder and Continued Medical Coverage

Old 07-21-2017, 02:10 PM   #2
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Disabled Holder and Continued Medical Coverage Re: Disabled Holder and Continued Medical Coverage
Originally Posted by bluemarlin08 View Post
Sub s corporation, 63 father owns 51%, son ( who runs the company) 25% ownership, non worker investor owns 24%. Father's salary is 250,000. Father recently had major stroke, no disability coverage. Son is still paying salary and plans to continue although unlikely father will ever be able to work again. Can he continue to stay on group health although not working?
Highly unlikely. Read the plan documents for eligibility.
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  Reply With Quote to Disabled Holder and Continued Medical Coverage
Old 07-21-2017, 11:10 PM   #3
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LGilmore on Disabled Holder and Continued Medical Coverage
 
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Disabled Holder and Continued Medical Coverage Re: Disabled Holder and Continued Medical Coverage
How many EEs? Cobra is a possibility for up to 36 months which would take him into medicare If you have 20 or more working on any given day. Are there 20 or more working on a given day?
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  Reply With Quote to Disabled Holder and Continued Medical Coverage
Old 08-17-2017, 07:30 AM   #4
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Disabled Holder and Continued Medical Coverage Re: Disabled Holder and Continued Medical Coverage
Find out what the contractual eligibility requirements are. Ask on a hypothetical basis without disclosing the employer name. You don't want running your mouth to crash the case. You are only gathering information. You also don't want to lie to the carrier or take responsibility for your client's decision.
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