Can My Employer Pay My Medicare Supplemental Premiums?
Your employer can pay your Medicare supplemental premiums indirectly. The concept of your employer paying your Medicare supplemental premiums directly however is a little far fetched. The employer hopefully has a 401 k plans set up for their employees and you have to make sure that you are aware that you can draw from that plan after you happen to hit the age of fifty nine and a half. The people who do draw from that play may be able to use some of those employer based contributions in order to pay their Medicare supplemental premiums.
A lot of consumers are worried about the cost of their Medicare supplemental premiums. This is why the consumers out there would like the idea of their employer being able to pay their Medicare supplemental premiums. It is just extremely unlikely that someone would be willing to pay an employee’s Medicare supplemental premiums in this economy. You would have to be a part of an extremely successful company if you are truly looking for them to pay your Medicare supplemental premiums. The employee has to be able to find unique ways to pay for their own Medicare supplemental premiums in this global economy.
Small businesses are already having trouble paying their bills in a tough economy. This is not likely to change in the near future so the company you work for would have to find some excellent group plan in order to make sure your Medicare supplemental premiums are actually something that they can pay for. The truth is that question like will my employer pay my medicare supplemental premiums?, may be a reason why some employers are reluctant to hire older workers. There are many employers who would like to pay your Medicare supplemental premiums however.
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