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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. Little or no cost to the employer.

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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. This is called cost sharing, and it’s common in many types of insurance. Cost sharing helps insurance companies and policyholders achieve certain goals.

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Little-Known Things to Consider When Shopping for Group Health Insurance

Insperity

If you’re shopping for group health insurance for your company the first or second time around, it can be hard to make a confident choice. Not to mention, the Affordable Care Act (ACA) has changed the group health insurance market considerably. The main oversight: Ruling out HSA-qualified plans.

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6 Common Mistakes to Avoid When Choosing a Health Plan

CorpStrat

Health insurance may be one of the most critical annual purchases since it impacts your physical, mental, and financial wellness. Unfortunately, selecting a health insurance plan can feel overwhelming. This article explores six common missteps related to selecting a health insurance plan.

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Little-Known Things to Consider When Shopping for Group Health Insurance

Insperity

If you’re shopping for group health insurance for your company the first or second time around, it can be hard to make a confident choice. Not to mention, the Affordable Care Act (ACA) has changed the group health insurance market considerably. The main oversight: Ruling out HSA-qualified plans.

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16+ types of employee benefits you should consider

Genesis HR Solutions

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. Dental Insurance. An HSA can be used only if employees have a qualified High Deductible Health Plan (HDHP).

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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. Be sure to provide each new hire with: A detailed, printed overview of available benefits and out-of-pocket costs, if any.