Joining a group benefits program can be a big relief. As medical care advances, so does the cost of healthcare. Prescriptions, dental care, and the various paramedical services you and your family members need might be beyond your financial reach. You could end up in poorer health because you cannot afford healthcare. Having to pay for necessary healthcare can put you in financial distress. And the thought of a serious illness or a catastrophic accident occurring when you do not have health benefits and insurance can be incredibly stressful.
As a part-time, casual, or retired hospital employee, you may be wondering if you can obtain group benefits in order to reduce the stress and financial burden of being uninsured. You know you aren’t eligible for the same group plan your full-time colleagues have joined. But is there another option?
The good news is there is.
Health Care Providers (HCP) is an insurance provider that serves the needs of hospital employees who are excluded from their employers’ benefits plans. They offer group benefits plans to part-time, casual, and retired hospital employees. There’s an ideal plan option for everyone.
Plan 1A is a group benefits plan for part-time employees working 18 hours or more a week who are covered under a spousal plan. It protects part-time hospital employees from income loss if something happens. It includes life insurance, employee accidental death, disease and dismemberment insurance, and employee long-term disability income.
Plan 1 is a group benefits plan for part-time employees who work 18 hours or more per week and who are not covered under any other plan. It includes life insurance, accidental death, disease and dismemberment insurance, long-term disability, and extended healthcare with the option to add on basic or enhanced dental coverage. Extended healthcare varies depending on the coverage level.
There’s also a plan available for casual hospital employees who work less than 18 hours per week called Plan 2. This plan includes extended healthcare with various levels of coverage along with the option for basic or enhanced dental coverage add-ons.
Finally, there’s the 65+ Plan, which is the perfect plan for active employees over the age of 65 as well as retired employees over the age of 65. This plan offers extended healthcare at different coverage levels along with basic or enhanced dental coverage options.
HCP’s group plans are voluntary benefits. These types of benefits are offered by employers in order to fill in the gaps left by limited employee benefits programs that exclude part-time, casual, and retired employees. Though employers do not contribute to the plans financially, they make them easily available and accessible for employees who are excluded from their workplace group benefits program.
They are elective benefits, which means you can choose whether or not you want to join the plan.
Why Obtain Voluntary Group Benefits?
There are many advantages to joining a voluntary group health plan like HCP’s. First, due to group buying power, the cost of the coverage will be significantly lower than you could get on your own. The quality of the coverage will also be better.
When you join, you’ll be more likely to be proactive about preventative care, which can stave off illnesses and diseases in order for you and your family to remain healthier. It can also help you catch signs of diseases early on in order to improve your health in the long term. Being part of a voluntary group plan can also help you cover the cost of unexpected healthcare needs,and it can allow you to protect your family in the event of a catastrophic injury, illness, or death.
Joining a voluntary benefits plan can reduce stress and financial burdens while keeping you and your family healthy.