A catastrophic health plan is one that can be purchased with relatively low premiums but will primarily cover a major accident or illness. The buyer is responsible for paying most of their normal medical bills not covered under these plans. What is covered includes:
You may have employees with special circumstances that would permit them to sign up for health insurance outside of the annual enrollment period. This is called a special enrollment period. Here are some situations which may qualify employees for special enrollment (the circumstances below are considered to be in the last 60 days unless otherwise indicated):
Every business has experienced employees who just weren’t right for that company for one reason or another. Despite our best attempts to find good employees, sometimes one will slip through the cracks and create issues. First Day Films can help in that regard, and we will discuss that at the end of the blog. But first, let’s look at some problem employee types:
Numerous studies have shown that video content is excellent for learning when the content focuses on actions rather than theoretical concepts. Showing how to build a staircase is far more effective than describing in a video the computations needed for the riser and tread heights as an example.
Co-insurance is that part of any medical services payment that is due from you after any deductions and insurance payments are made. Co-insurance typically comes into play after your annual deductible has been satisfied. Until that time you may be required to pay 100% of any medical services.
Employee engagement is a term that describes how employees feel about themselves in their jobs and also how they feel about their workplace. Disengagement occurs when employees either dislike their job, their workplace, or don’t understand the benefits of working for their company. First Day Films can assist in the latter subject because our expertise is developing short videos describing employee benefits, HR programs, or other topics. Employee studies are everywhere, but we have chosen some negative and positive effects when employees are or are not engaged: