Offering health insurance for your employees is a very important decision, and a crucial step in your company’s growth and development. It is not a decision to be taken lightly, and there are some important things to consider when choosing a group health insurance plan for your business.
Since each employee will have different needs, from needing coverage for just them or for their entire family, finding a trustworthy company that has a wide variety of options is essential. You will want a company that shows robust and generous benefit levels, a variety of options as well as evidence that they are continually evolving with the times. You also want to know they’ve got the ability to take care of the changing need of your company as you continue to grow over the years.
Some specific features to look for are reasonably-priced out-of-pocket minimums and predictable office visit co-pays that are clearly shown up front in each policy. Look for 100 percent coverage for lab fees, x-ray costs and similar services. Ideally, the group health plan you find will also provide 100 percent coverage for preventive care.
Look for straightforward, clearly described benefits, comprehensive coverage and low out-of-pocket maximums as well as minimums. You will want to see that the same office visit co-pay will be collected regardless of whether the patient seeks primary or specialty care. Packages should also provide preventative care including annual physicals, OBGYN exams, mammograms and PAP tests for women, screening for men of their prostate glands and immunizations for kids as well as adults. Ideally, preventive care should be 100 percent covered the plans offered and not subject to the deductible.
Another great feature to look for in top notch group health insurance policies is total prescription drug coverage or one with minimal co-pay. This benefit offers the employees the choice to select brand name or generic-only drug coverage while allowing the employer the simplicity of providing one plan. Features like these allow employees the ability to pick their own plans which are designed specifically to meet their needs as well as their budgets.
Another valuable option to have access to is a Health Savings Plan. An HSA plan can be an addition to group health plan coverage or actually in place of it. Some of your employees may really appreciate having this option. High deductible health plans are another good option, and those that qualify for a tax advantaged Health Savings Account can be a boon to some of your staff members.
Ultimately you should find a provider that will offer your employees options for their routine as well as specialized care, as well as options in terms of available plans to fit any budget. On top of everything, finding a company demonstrates a caring spirit instead of being more concerned with profits is the key. While the specific features of the small business health plan are important to consider, the way the provider will treat your employees down the road is perhaps the most important consideration.
The Advantage of A Marine Insurance Specialist
The marine insurance helps customers get protection to cover loss or damage of cargo, ships, terminals and any cargo where a property can be transferred, acquired or between the points of origin and the final destination are held. Even in the most difficult situation, the team of professionals ensures that the customers have the best solutions available to them. The oldest kind of insurance which is the source of non-marine insurance and reinsurance is the marine insurance in India.
Marine hull and machinery insurance protect others with an interest in vessels and the ship-owners. Providing both property and liability coverage hull insurance is provided as part of a package policy on pleasure crafts, tugs, and barges. This insurance covers the loss of or damage of a vessel, aircraft, its machinery or equipment. Marine hull insurance covers loss to hull like a structure of ship as well as machinery, and it is basically the insurance of all types of vessels like;
- Motor tankers
- Bulk carriers
- Combe vessels
- Yachts
- Pleasure boats
Several things are taken into account while calculating the premium. Things like;
- Year of built
- Nature of the vessel
- The useful life of the vessel
- Trade routes
Marine insurance in India is basically divided into the vessel and the cargo. Generally used as reinsurance which simply covers the entire loss of the vessel and not any fractional loss, this form of cover is called “total loss only”. In the transmit clause of the institute cargo clauses, the time phase covered a marine cargo policy is defined as “warehouse to warehouse”.