Legal Question in Insurance Law in Virginia

Mutual firm to a public stock corporation

I paid a portion of my medical insurance premium to my employee who in turn paid the entire cost to the insurance company. The insurance company went public and issued stock to policy holders. My employer keep all the shares issued. I am entitled to my portion of the stock issued? The same thing happen with retirement plan which I paid in.


Asked on 8/25/08, 12:30 pm

1 Answer from Attorneys
Michael Hendrickson Law Office Michael E. Hendrickson

Re: Mutual firm to a public stock corporation

It's unlikely that you're considered a policy holder under the arrangement which your employer has with this particular insurance carrier to provide medical coverage for the employer's workers such as yourself.

Read more
Answered on 8/25/08, 1:16 pm


Related Questions & Answers

More Insurance Law questions and answers in Virginia