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Posts Tagged ‘Employer’

About Health Insurance Coverage From Your Employer

Health insurance from your employer is normally offered once you have been employed for a minimum of 3 months. Not all employers offer full benefits, but some larger companies or corporations do. This would include health, dental and vision insurance coverage. With much smaller companies, you may be offered only medical or only dental.

An advantage of acquiring health insurance from your employer is that some employers will pay up to 80% of your premium for the coverage. While the remaining premium balance is deducted from your paycheck. If wanting to have your entire family added to the plan, normally the employer will pay a certain amount or percentage of your premium and you are responsible for the balance and 100% of what it cost extra for adding a spouse or family.

Now, depending on the type of business, company or large corporation you work for can also play a part on your options for health insurance. Some businesses will only offer HMO plans and others may offer only a PPO plan. With an HMO plan, your premium is usually less and your co-pay is as little as $5.00 – $10.00 per visit. With HMO though, you do not get to choose where you go or who you see. PPO plans, you pay higher premiums, but you get to choose where you want to go. Downfall is higher co-pay of up to $30.00 per visit. Either way, if your employer is offering health insurance it is a good idea to get informed and select the plan that is best for you.

Healthcare Benefits From The Employer

Obtaining well being benefits from your employer is one of the easiest ways to get health insurance. Many of these plans are partially paid by the boss, giving you a way to save income on your health care. Employer paid services likely provides better benefits than subscriptions that are purchased individually. The group benefits that the boss receives for insuring a certain number of people allows the insurer to offer more benefits to the employee.

If you receive free or discounted benefit through your employer you can view this as a raise in your salary. Health subscriptions can soon be mandatory. Receiving a discount from your employer to purchase your plan would enable you to meet health coverage requirements and watch your budget. It is constantly advisable to take advantage of these services. You never know when an emergency can arise. Right now, a common 5 day stay in a hospital can exceed 100k! Having insurance must prevent you from going into debt, or worse, being unable to receive proper treatment for your sickness or injury. In the next couple years, employees will receive bonus tax benefits for carrying a corporation sponsored plan.

These more savings, if you qualify under the income guidelines, will result in tax credits. These credits than can be applied to your refund or taxes that are due. Health insurance is not easily found outside of employment. Personal policies can exceed a thousand dollars a month, making it too high for many to afford. If you have the opportunity to get into a business sponsored plan, you should take advantage of it.

What Patient And Employer Should Learn From Medical Tourism.

The extremely high cost of health care in many countries, especially for elective procedures, combined with limited medical resources that often require patients to wait months or years for treatment, is behind an exciting new trend with excellent possibilities for medical care. The trend is often called Health Travel, and it combines travel with having low cost surgery abroad, for example, including elective procedures, and is often facilitated by a medical tourism company. Since many people have employer provided medical insurance, and since time away from work is needed to take advantage of Global Health Care, it is important for both employers and patients to understand how medical tourism works. In brief, patients travel to qualified medical facilities in other countries, where high quality medical care is provided at a fraction of what it would cost if it were done domestically, and often long before the patient could have the procedure at home, where waiting lists are common.

Today, many employers are looking into the benefits of using a Medical Tourism Company as part of a plan to cut employee health care costs. Employers who offer medical tourism to their employers often discover that they are able to pick up a significant portion of the costs, including travel, and still save money on their employee health care benefits. Those who work for these companies are finding that essential procedures like a low cost dental procedure, dental surgery abroad, or receiving a gastric band abroad also decreases their out of pocket expenses, because they pay lower deductibles and their contribution toward the cost of their health insurance is reduced. Many health insurance companies are now offering policies that include Health Travel as an option, meaning employers have competitive choices when it comes to providing health insurance. Medical travel packages fully integrated with the health plans are also becoming more available, so travel costs are reduced, as well. Employers and patients alike are beginning to compare medical tourism prices to what they would pay locally, and many are finding the cost savings to be substantial, while the quality of their care is excellent.

It is essential for employers and patients considering medical tourism options to use the services of a top 10 medical tourism company to facilitate accessing global healthcare, for having any type of surgery abroad. Select a Medical Tourism Company with understanding of the preferred medical tourism destinations, so that cosmetic surgery abroad, a tummy tuck, for example, bariatric weight loss surgery abroad, or an orthopedic procedure abroad are done in the finest facilities available. The best medical tourism facilitator agencies will also make sure that proper medical tourism aftercare is delivered to the patient. It’s a new world when it comes to health care, and choosing a Medical Tourism Company to access global health care is a quality choice that more employers and patients are choosing.

About Author
The author has international expertise in the healthcare industry, telehealth and business administration. His diverse set of skills will deliver exceptional healthcare support services while maintaining a strong balance sheet.

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