What Every Employer Should Know When They Can No Longer Offer Health Insurance Coverage

An astounding Seventy Percent (70%) of Smallhundreds of thousands of doctors, dentists,
Businesses in America today do not providespecialists, labs, pharmacies and hospitals
health Insurance coverage for their employees. Inthroughout the U.S. that have agreed to charge
most cases, it's not that they don't want to butsignificantly reduced pre-negotiated rates for
because their business can no longer afford toprocedures that can be done. Healthy discounts of
provide such benefits. It is simply an effort to30% to 70% off medical, dental, vision, hearing,
reduce the cost of the day-to-day businessprescription and chiropractic care. For the
operation.uninsured or under insured this often makes a
However, employers must consider if this costworld of difference in their ability to receive
reduction strategy is helping the medium to longneeded medical care. Acceptance is guaranteed,
term growth of their companies. If one wouldanybody young or old, regardless of pre-existing
think about it, what is more costly? Theconditions can participate and some even covers
premiums a company has to pay for group healthmaternity.
insurance or the cost to lose a good employee toSeveral features of discount health care plans
a competitor who offers health care benefits?come as an advantage. There are no claims
Indeed there is a higher price on the down time,forms to fill-out, no limitations, no waiting periods
training costs, and lost sales or manufacturing.or pre-existing conditions, no age restrictions, and
Fortunately it no longer has to be a choice of onewith some you can become a member today and
or the other.get healthcare treatment the day after. That's
One solution for high cost of health insurancewhy testimonies of members like one below are
premiums is a non-insurance solution. Discountnot uncommon.
Health Care Plans. This alternative to health"To date, I've had the opportunity to utilize the
insurance only costs a fraction of what adiscount health care services on numerous
traditional group insurance policy would. Moreoccasions and have always been pleased with the
importantly, it still meets the health care needs ofsavings. Last February, I had a hospital bill that
a company's employees on adiscounted basis.was $2900.00 and reduced to just $410.00. I had
These programs are not insurance but rathera pinched nerve in my shoulder and went to the
medical savings programs. It's more like having achiropractor. The initial charge was $620.00, but I
health care advocate by which medical bills ofonly paid $203.00. My chiropractic treatments also
members are reduced before they even start.went from $62.00 to $40.00. At the dentist, my
Employees still have to pay for their healthcare,savings have been about 60%. My brother, who
but the employer gets the credit of giving themis also a member, has prescriptions that were
substantial savings on medical, dental, vision,$574.00 and through our mail order program are
hearing, pharmacy and many other types ofnow $299.80. The best part was that it was easy
necessary medical care. These programs can alsoto use. All I did was call the member's support
be used to supplement existing insurancephone number and they took care of everything."
programs with high deductibles or policies that pay- Richard P., Dallas, TX
a flat fee for hospital stays or certain conditions.Membership fees are significantly lower than
Affordable health care becomes possible throughtraditional health insurance. Membership fees can
group representation. Discount Health Care Planbe anywhere from $8 per month for minimal
providers carry enough clout to get pricesbenefits to $50 per month for the comprehensive
reduced down to what insurance companies havepackages. Furthermore, companies get up to 20%
enjoyed for years. In other words since theydiscount on membership fees when they enroll 25
have enough participating members, they havemembers or more.
superior buying power in order to negotiateFor employers who can no longer provide health
discounts with providers of medical products andinsurance for their staff, these discount health
services. Some Discount Health Care Plans havecare plans could just be the answer. A service
been around for 23 years. These programsthat is in many ways similar, and some would
combine fully insured benefits to health careargue, better than health insurance at only a
providers through group blanket policies thatfraction of the cost. Companies can still reduce
cover its members.their cost on insurance benefitswhile gaining loyalty
These Plans provide affordable health carefrom their employees.
coverage to its members by giving access to