What Exactly are Health Benefits?
As described by the US Department of Labor, Health Benefits provide medical care for employees of a company through insurance, reimbursement, or otherwise stated. Health Benefits allows employees to continue living a healthier and safer lifestyle.
Why is Health Insurance Important?
As an employee for any given company it is always important to have health insurance for numerous reasons. As an uninsured person in today's world one would receive less medical care and ultimately lead to a fiscal burden for their given families. These findings are supported by much research, although some cautions are appropriate in using these results.
What Does Health Insurance Cover
While each employer will differ in what they will offer for Health Insurance, many employees will find that the following things will be covered:
- Annual physical examinations
- Cancer screenings such as pap smears, mammography, colonoscopy, and PSA tests
- Routine blood work such as complete blood count (CBC) to check for anemia and other problems
- Blood glucose tests to check for prediabetes or diabetes
- Blood pressure and blood cholesterol monitoring
- Electrocardiogram (ECG, EKG) and X-rays, if needed
- Recommended immunizations
How Much Does Health Insurance Cost?
When you are looking at Health Care packages through your employer there are a two different ways to pay for these Health Care plans. The two ways that people are able to pay for their Health Care include:
- The monthly premium that you pay to purchase your plan
- The share of costs you pay out of your own pocket when you receive medical care. This could include some sort of combination of deductibles, coinsurance, and copays.
What Determines the Cost of my Health Insurance?
There are a variety of factors that dictate the costs of your health insurance. These items entail:
- Gender
- Spouse
- Children
- Tobacco use
- College students