HEALTH CARE
Group Healthcare Benefits
Employers who provide healthcare benefits as part of employees’ benefits package are showing they care about workers’ well-being — with healthcare benefits playing a prominent role in employee retention. Group health insurance plans are designed to be more cost-effective for businesses. Employee premiums are typically less expensive than those for an individual health plan. Premiums are paid with pretax dollars, which help employees pay less in annual taxes. Employers pay lower payroll taxes and can deduct their annual contributions when calculating income taxes.
The expenses that you will typically find covered by health care plans include:
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treatment of illness, disease, or accidents
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medical, surgical, exploratory, therapeutic, or emergency care
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inpatient hospital room, incidentals, and treatment
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outpatient surgery and treatment
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doctor's office visits and treatment
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nursing services
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diagnostic care, such as x-rays, MRIs, or blood tests
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prescription drugs
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dental, vision, or hearing care, if required due to an accident or injury
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pregnancy and childbirth costs
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durable medical equipment purchase or rental
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specialty care, such as that provided in the Intensive Care Unit or Cardiac Care Unit
USA LIFE will help you through the variety of decisions involved in selecting a healthcare plan. We work with all the top carriers to provide the greatest possible choice when weighing the costs and benefits.
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