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Fortunately, employers can help by offering their workers voluntaryhospital 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. She spends two days in the hospital.
Managing Employee Healthcare Costs in 2021. Employers are focused on improving employee healthcare by adding virtual or telehealth offerings and including voluntarybenefits in 2020, according to research by Mercer. The good news is that both of these initiatives can help reduce healthcare costs.
Patient financial responsibility is on the rise—average out-of-pocketcosts rose 11% in 2017 alone. 1 Many of them are still learning how to choose the right benefits each year so they get the coverage they need without overpaying or getting stuck with unexpected costs. RELATED TOPICS. Offer HDHP and HSAs?
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