• Skip to main content
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Home
  • Start here!
    • Employed with Employer-supplied insurance
    • Self-Employed
      • Buying ACA-Compliant Insurance Outside the Marketplace
    • Unemployed
    • 65 or older or disabled
  • Types of Insurance
    • Employer-supplied Insurance
    • HealthCare.gov Insurance Plans
      • How to estimate your annual income for Obamacare Subsidies
    • Short Term Medical Insurance
      • Where and How to Get a Short Term Health Insurance Policy
    • Catastrophic Plans
    • Medicaid
    • Medicare
      • MediGap – Medicare Supplemental Plans
    • Comparison of HMO, PPO, POS and EPO plans
    • Accident Insurance
    • Illness Insurance
  • Cut your insurance costs
    • Health Sharing Plans – Guide to Christian Medical Cost Sharing Programs
    • Cutting your ACA insurance costs
  • Glossary
    • Health Savings Accounts (HSA)
    • Qualifying Life Events and Special Enrollment Periods
    • Privacy Policy
  • Latest News and Comment
  • Feedback
  • Obamacare / ACA Facts
    • What are the exemptions to the requirement to have health insurance?
    • Hardship Exemptions
    • The ObamaCare Mandate is a Tax
    • How to select an ACA healthcare plan
  • Trumpcare News
    • HR1275 – The House Republican HealthCare Bill May 4, 2017

Consumers Healthcare Guide.org

Helping consumers find affordable medical insurance and understand how to to get healthcare

Please follow & like us :)

RSS
Follow by Email
Facebook
Facebook
fb-share-icon
Twitter
LinkedIn
You are here: Home / Employed with Employer-supplied insurance

Employed with Employer-supplied insurance

If you are employed, and your employer provides some form of healthcare insurance, you are fortunate, and probably don’t understand why so many people are upset at ObamaCare.  That’s because, typically, your employer is subsidizing the cost of your insurance and you only pay a portion of it. Even so, you have your own challenges with increasing premiums, increasing deductibles, reduced coverage and ever-changing plans. Here’s what you need to know:

Open-enrollment

As soon as your employer announces the open enrollment period (usually the month of November each year), start examining the options available. See this page for “How to evaluate and compare insurance plans”

Consider ways to reduce costs

Health Savings Accounts

HSA’s or Health Savings Accounts allow you to put aside some money each month toward’s your medical expenses. Like a 401K, it is pre-tax, so it increases the savings. And the money is your to use for qualifying medical expenses (it’s a big list) until you need it.  See this page for more information about HSAs.

Incentive programs

Some employers and some insurance plans offer incentives like cash, reduced premiums or prizes if you meet certain health goals like stopping smoking, joining a gym or losing weight. Check with the HR department.

Consider higher deductibles

If you and your family are generally healthy, you need to figure out whether those low deductible plans are really worth it.  Sometimes, a higher deductible, with a lower monthly premium saves you money, even if it means you pay some costs out of pocket.

Primary Sidebar

Secondary Sidebar

As an Amazon Associate I earn from qualifying purchases.

All images and text © Copyright Benivia, LLC 2017   Disclaimer and Privacy policy 
Permission is given to link to any page on www.consumershealthcareguide.org but NOT to copy content and republish it. Those copying content from this website and publishing it will be vigorously legally prosecuted.
· Log in