Pay In Lieu Of Benefits

Topic 15147 | Page 1

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FloridaBuckeye's Comment
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We have a good health insurance plan thru my Wife's employer. Has anyone not taken a company's health insurance plan and gotten more per mile from your trucking company instead?

C T.'s Comment
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I'm I rookie, only 2 months in. But I've never heard of this even being an option. You don't have to use their insurance but I don't think they pay you more.

Rick S.'s Comment
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Highly unlikely that any company that offers health insurance coverage, is going to give you additional monetary compensation for turning down the coverage.

Under the ACA - they have to offer it to you - but you don't have to take it. They (the company) will have you execute a document, stating that you were offered and declined coverage.

Rick

G-Town's Comment
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I echo what Rick said. Your savings occurs by not having to contribute to it.

Walker's Comment
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Where I work (Millis Transfer) you get .01cpm for not using their health insurance. I am on my wife's health insurance through her work.

CPM:

Cents Per Mile

Drivers are often paid by the mile and it's given in cents per mile, or cpm.

Terrance G.'s Comment
member avatar

I'm I rookie, only 2 months in. But I've never heard of this even being an option. You don't have to use their insurance but I don't think they pay you more.

That's what I was thinking. I'd jump at that if it was an option.

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