One of the benefits of working for someone else is that most companies offer health benefits. Company health benefits offer some of the best benefits you could ask for. Although it is true that larger companies sometimes supply better health benefits, even small companies are eligible to have group insurance.
Group insurance means that the people in that group pool their risk in order to have lower premiums. Some group health plans will even waive the pre-existing clause. If you have ever had to sit out the waiting period of one of these, then you know what a great benefit having it waved can be.
Company health policies try to find cost effective solutions to save employees money, and are also looking for new plans that might be available in the future. Most companies pay a big part of the insurance premiums for the employee, so saving money for the employee will also save money for the company.
Each company has a benefit coordinator, or someone in human resources assigned the task of helping employees understand what is available to them. A benefit coordinator answers questions and is a liaison between the company and the carrier. They also make sure that new hires get enrolled in the plan so they don't have to wait until the once a year enrollment period. If there is ever any question about where to go, just contact the human resource department.
Every year you should receive a new benefits booklet to take home with you. Keep that booklet in an easy accessible place so that you can look up any medical charges you are not sure paid correctly.
Company health benefits are usually deducted from the paycheck. This is required by the carrier when giving group rates. However, this is of benefit to you also, because you know without a doubt that your premiums are paid and you are covered should an emergency arise. Health benefits are important to our families health, and to our finances.