Insurance is one of the most important benefits in an employee benefits package. As you look for your next job, consider the healthcare insurance options your potential employer could offer.
Medical
The types of medical coverage offered in an employee benefits package depend on the number of employees, the company's budget, available plans and legal requirements, so employers often choose among different major medical options like Major Medical Health Insurance for Businesses (Large, Medium, Small).
- Deductibles
- Copayments
- Out-of-pocket maximums
- Network of doctors and hospitals
- Primary care
- Preventative screenings
- X-rays, blood work and other testing
- Physical and occupational therapy
- Behavioral health care
- Maternity care
- Wellness programs
- Option to add family members for an additional cost
Check your insurance package for details on the coverage and learn more about Medical Benefits. Make sure the medical treatment you want and need is included, and determine how much of the premium you'll have to pay.
Depending on the coverage, you may have to pay more to see medical personnel who are not part of the approved network.
Dental
Oral health affects your body's overall health and can influence your confidence. Take advantage of dental insurance when it is offered as part of a benefits package.
- Regular cleanings and oral exams
- X-rays, cleanings and fillings
- Discounts for orthodontic services
- Oral surgery
Vision
When your eyes are healthy, you can focus on your work and are less likely to develop headaches and other conditions caused by eye strain. A vision plan can include an annual eye exam to evaluate eye health and the need for corrective lenses.
Your vision insurance may also cover eyeglasses, contact lenses and safety glasses.
Prescription Drugs
Prescription medication can correct a variety of illnesses and manage chronic conditions. Most prescription drug plans categorize medicine in tiers, with tier 1 being the most affordable and tier 4 the most expensive.
- Tier 1 is primarily generic brands
- Tier 2 is preferred brand name and some generic brands
- Tier 3 is non-preferred brand name drugs
- Tier 4 is usually self-administered or specialty drugs for chronic or serious conditions
Depending on the type of coverage you have, you can fill prescriptions at a local pharmacy or order them online as allowed by your plan.
HSA/HRA/FSA
Employers and employees with certain types of medical insurance can open a Health Savings Account (HSA), a Health Reimbursement Account (HRA) or a Flexible Spending Account (FSA). These accounts pay qualified medical expenses like deductibles, copayments, prescriptions, testing and therapy.
These and other healthcare options like wellness programs, hearing coverage and disability could be part of your employee benefits package. Evaluate your needs, then consider the insurance benefits package employers offer as you choose your next job.
Frequently Asked Questions
What does medical insurance typically cover?
Medical insurance commonly covers doctor visits, hospital care, lab tests, preventative services and some therapies, but specifics vary by plan.
How do HSA, HRA and FSA accounts differ?
HSAs are usually owned by the employee and work with high-deductible plans, HRAs are employer-funded reimbursements, and FSAs allow employees to set aside pre-tax dollars for eligible expenses.
Will I pay more to see an out-of-network provider?
Yes; many plans impose higher copayments or do not cover out-of-network care except in emergencies, so check network rules before seeking treatment.
Can I add family members to employer coverage?
Often you can add a spouse and dependents for an additional cost, but rules and pricing vary by employer and plan.