Rabu, 06 April 2011

Health Insurance Policies For Recruits

By Jack A. Routt


The past ten years marked the expansion of self employed trade and their growth in turn made tremendous innovation to the health care industry.

Low-cost insurance plan are now being made available to the self employed community. After years of adversity and struggle this is now the fruit of their hardship that they are reaping.

Health care insurance plan was initially given as a means of reward to the low pay of employees towards the end of World War II. This was the way for business owners then to draw in their employ the manpower returning from the war. All because of the constraint in wages that time as tendered by the government. So instead of higher salary, businesses offered free health coverage.

Another phase in the field of health care is now being made accessible to the public. This is primarily due to the increasing populace of self employed individual. Insurance providers do not just go for the employer-financed policy they have come up with new nature of policy and that is the low cost insurance plan that can be very much afforded by the small entrepreneurs.

Young families are the usual type of families to which these entrepreneurs fit in. So family plan is the best offer they would want to have. However they would go for a family only if the monthly premium would not interrupt to the normal operation of the small business.

The inclusion of health care policy in small business would all depend on the cost of health coverage. But since there are still few providers that give out low priced plan the price can still be considered high for the small entrepreneurs. This is because most of them still opt not to enroll despite the presence of low priced policy. Meaning the cost of the policy is still big and does not fit in to the accounts.

We now go back to the early on nature of insurance family where business owner give out this service as one of the additional benefit given to their workers.

However the employer funded insurance plan that we have now is far more expensive as compared to the early times. With that employer can no longer pay for the whole amount of the insurance policy and so the employees would need to add from their own income.

Group insurance and personal insurance plan are now being marketed because of their increasing demand. This would all be due to workers opting to be independent and create their own selling. So the insurance providers are catching up and created plans that would very much suit these types of individuals.




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