Regarding the Under-30 Dependants Law contained by New Jersey?
What does it mean when it say "adult child or covered member of staff may be required to pay up to 102% of the cost of the dependants premium"?
Answers:
It way that once your child reaches the age of 18 your employer can take home you pay adjectives the costs to cover your dependent adult child on your insurance.
Ask your HR department for clarification and costs, if any.
It medium that the employee (parent), or dependent (child) may be asked to pay cheque the entire premium amount for the insurance plus 2+.
Usually an employer group pays most of the health insurance premium. (70-80% is typical)... The amount most society pay per month, out of their paycheck, is one and only a small portion of the whole monthly cost of the insurance policy. They're only just saying you'd be responsible for the entire amount, next to no assistance from your employer.