Protecting What You Value Most

Major medical coverage only pays a percentage of your medical expenses. Standard coverages have a copay leaving you responsible for 10, 20 or 30% of your medical expenses. The average cost per day for hospital stay is $3200 and $7800 for ICU. 

A few days in the hospital could cost you several thousand dollars out of pocket not to mention loss of wages. 

This is often misunderstood! 

It is true that once you reach your maximum out of pocket for the year, you do not owe any more money. However that is for "covered procedures and expenses". What many people are learning the hard way is that not all procedures, medications or other items are covered by major medical. Many procedures are now being labeled "elective" and medications "experimental".  However when a major illness or injury happens we find ourselves in a position of needing to be treated and are not often guided as to what the out of pocket expenses will be. Suddenly your hit with a large Medical bill and left wondering how this happened and how am I gonna pay this.. 

The cost of business is quickly rising and hiring and retaining employees can be a large part of that expense. In an ever growing and highly competitive market place retaining skilled personnel key. Job seekers are not just looking for good pay and a great atmosphere, benefits have become a focal point of the job search.  Offering additional benefits to employees at no cost to the company while taking advantage of tax incentives is just one of the reasons to consider. Happy, healthy employees without the concerns of these financial burdens leads to better more productive employees in the workplace.