Alabama | Business Law
Legal Question
Can health insurance be included in a severence package?
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Legal Answer
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Read More Answered By: Kevin B. Murphy |
As a Franchise Attorney I can the answer is most likely yes. However, you need to check with the insurance provider as the policy may only cover "employees." They may have a special rider to the existing policy that can be used, or you could always provide the cash equivalent to the departing employee. Consult with a good business or franchise attorney in your area for specific advice.
Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D. Franchise Foundations, a Professional Corporation |
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