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Your employer can provide you cash here, reimbursement for insurance in lieu of health insurance.The employer would add this to your monthly or bi monthly check.This is certainly possible in Iowa for an employer to do so.
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Reference to defined benefits aka health insurance reimbursement.
Rather than paying the costs to provide a specific group health plan (a "defined benefit"), Iowa employers instead fix their costs by establishing a monthly dollar amount (a “defined contribution”) that employees spend on their individual healthcare premiums. Employees participating in a defined contribution health plan in Iowa can request tax free reimbursement for individual healthcare premiums.
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