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The Financial Costs of Being Unvaccinated

Money Talk

According to the Kaiser Family Foundation (KFF), COVID-19 hospitalizations in June and July cost the U.S. health system over $2 billion dollars ! It will also charge unvaccinated employees $200 monthly health insurance premium surcharges starting November 1. Some bills for long hospital stays are well into six figures.

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16+ types of employee benefits you should consider

Genesis HR Solutions

There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans. Medical Insurance. Medical insurance is likely a no-brainer— it’s one of four major types of benefits most employers offer. Hospital Insurance.

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What is ancillary health insurance?

Higginbotham

Ancillary health insurance is a secondary type of coverage used to supplement your traditional health insurance. The term “ancillary” means “providing additional help or support,” and that’s just what ancillary health insurance does. Examples of Ancillary Health Insurance. Disability Insurance.

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Worksite benefits: Hospital indemnity insurance and beyond

Higginbotham

workers postpone health care needs because they’re worried about cost, even if they have health insurance. Medical care can be expensive, and group health insurance isn’t always enough. What is hospital indemnity insurance? The policy pays a benefit if the insured is hospitalized.

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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. In most companies, employees can change some benefits, especially health insurance, only during an annual open enrollment period.

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Are You Financially Resilient?

Money Talk

Financial resiliency is enhanced with financial resources, such as savings, health insurance, and a good-paying job. An example is someone driving a friend to a cancer treatment, thereby saving them the cost and stress of getting to the hospital on their own. Another resource for financial resiliency is one’s human capital.

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Two-thirds of Small Firms Are Boosting Their Benefits Packages: Poll

InterWest Insurance Services

Now more than ever, employers need to step up their employee benefits game beyond providing group health insurance. Good pay and a robust health insurance package still win the day, but employers are having to do more to sweeten the pot, according to a new survey by MetLife. Dental insurance. Life insurance.