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Hospital Indemnity Insurance a Key Voluntary Benefit

InterWest Insurance Services

Fortunately, employers can help by offering their workers voluntary hospital indemnity insurance that can provide peace of mind in case they have a serious medical episode. Hospital indemnity insurance. The worker can use this cash benefit for any purpose, including: Deductibles. Coinsurance. Transportation.

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What does coinsurance mean in health insurance?

Higginbotham

You’re reading your health insurance policy and come across a coinsurance clause. Here’s what you need to know about this common insurance term. It is used in different types of insurance policies, including health insurance and property insurance, but it works a little differently depending on the type of insurance.

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What employees expect from benefits packages

Business Management Daily

Offering an attractive employee benefits package helps lure top talent and encourages the retention of your best team members. Presenting a good employee benefits package often gives one employer an edge over another, especially in cases where basic salaries are relatively equal. There’s no one-size-fits-all answer.

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Maximizing the value of employee group insurance

Higginbotham

If you own or manage a business, your investment in employee group insurance can help you retain top performers and attract new talent. However, simply providing a benefits package is not enough. Compare the benefits packages offered by different insurance providers. What are the deductibles and copays?

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Choosing telemedicine versus urgent care versus the ER

WEX Inc.

Especially now, when doctor's offices and emergency rooms across the country are being flooded with coronavirus concerns, we all need to do our part to reduce overcrowding in hospitals and the unnecessary spread of illness. Without or without health insurance, an ER visit can cost anywhere from $150 to several thousand dollars.

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16+ types of employee benefits you should consider

Genesis HR Solutions

Below, we’ve loosely categorized these types of employee benefits and given a basic definition of each. Medical Insurance. Medical insurance is likely a no-brainer— it’s one of four major types of benefits most employers offer. It covers things including hospital and doctor visits, surgeries, and prescriptions.

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5 ways you can help employees get the most from their benefits

Insperity

From employer-sponsored health insurance to retirement savings plans, an attractive benefits package can help you hire the best employees and ensure you retain them for many years to come. But as incredible as it may seem, many employees don’t take full advantage of all the benefit options their employer offers.