Healthcare: A Basic Guide to Coverage
Small-business owners seeking to provide some degree of healthcare benefits to their employees have a big job ahead of them. Besides making room in the budget for the expenses associated with insurance programs, they also must decide exactly what products will best fit their companies' unique needs.
The chapters in this section represent a healthcare primer. Besides taking a hard look at why health benefits are critical to both owners and employees, these articles offer a wealth of information on general coverage, group insurance, disability, special programs and much more.
- Healthcare Overview: Options and Resources - In the current climate of reform, small business owners may wonder just how to start the search for affordable employee health benefits. This article examines the "why" behind offering insurance options, types of available programs and where to find help.
- Small-Group Insurance - Read this article for in-depth information on an array of small group medical plans, including indemnity, HMO, PPO, CDHC, EPO and POS programs.
- Special Plans - Some employers offer additional healthcare products to fill gaps in employee coverage. To help business owners make an informed choice, this section offers the pros and cons of mini-medical plans, dental insurance and vision plans.
- Providing for the Future - Disability and life insurance programs have long raised clouds of confusion in the small-business arena. This article provides a concise rundown of resources available when a valued employee suffers illness, injury or death.
- Alternative Programs: Non-Insurance Savings - While traditional small group insurance likely provides the most extensive coverage to employee participants, not every business owner can afford that option. This chapter discusses reasonable alternatives, including prescription discount cards, medical discount cards, patient assistance programs, government plans and health savings accounts.