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Old 09-30-2009, 10:58 AM   #86
spence
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Join Date: Nov 2003
Location: RI
Posts: 21,182
Quote:
Originally Posted by fishbones View Post
The value of the insurance benefit is equivalent to cash when you factor a person's total compensation. If I choose not to get my company health plan, I can get the equivalent cash value added to my salary. It won't be the exact same amount because the insurance deduction is pre-tax. Some companies do this, while others may give a percentage back to the employee. One company I used to work for wouldn't give anything back in the form of salary adjustment for not taking medical benefits. It's all up to the employer as to what they want to do. In my company, if I choose not to take my company vehicle, I can actually make out. They base my vehicle allowance on a pretty nice car. If I were to opt out, I could downgrade the car and put extra cash in my pocket every week. Benefits do have a real cash value.

As for reading your posts, I read some of them every day. Since their all basically the same, I don't see the need to waste my time on all of them. I was keeping track of how often you were using the word "neocon", but it got out of control. I figured you'd have turned the page on your "Political Talking Points Word of the Day Calendar" by now.
Read the thread again, you're still not up to speed.

-spence
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