Massachusetts General Law; chapter 32B:
Section 7: Premiums; withholding, contribution; direct payment
Section 7. (a) With respect to any period of insurance which is in effect for an active or retired employee and dependent there shall be withheld from each payment of salary, wages, other compensation, pension or retirement allowance, subject to the provisions of section nine A, fifty per cent of the premium for the insurance of the employee and his dependents and the governmental unit shall contribute the remaining fifty per cent of such premium. The governmental unit shall also contribute fifty per cent of any additional premium which may be required for coverage of an employee's dependent child who is nineteen years of age or over and mentally or physically incapable of earning his own living.
So it is not a corporation or private business covered by the 50%/50% as someone who is uninformed commented. It is a governmental unit, as in a Town, that is required to pay at least 50% of health insurance premium. The town can agree to pay more but it only has to pay 50%, that is the law and it is not hard to understand nor is the math. That is no gibberish either!
One would think that someone who serves on the Templeton Insurance Advisory Committee would be up on these things. Maybe there lie the problem?
One would think that someone who serves on the Templeton Insurance Advisory Committee would be up on these things. Maybe there lie the problem?
Dated September 12, 2012 shows.
More info from an outdated blogger.
Well you could say Walmart shopper but that would insult more than i would care to like mini Beenit does.