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

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


This document was last modified on July 26, 1999

Copyright ©1999, The Jacobs Company, All Rights Reserved