August 29, 2023

When to reject your employer's health care plan

Employer-sponsored health insurance plans are often more affordable than seeking coverage on your own. But if you need to, you can still decline coverage. Although some restrictions apply, you aren’t required to accept your company’s health insurance coverage.

It may make more sense to decline employer health insurance and opt for a plan through the marketplace, directly from a private health insurance company, or through another source, such as Medicare or Medicaid. Some people also get coverage under their spouse’s plan.

Learn more about your options by reading my latest work for on this topic, found here.