 |
| |
|
|
 |
|
|
|
|
There
are numerous insurance companies selling health, drug
and dental coverage. Even more sell life insurance and
disability coverage. Surely if a part-time employee wants
coverage, there are lots of carriers willing to sell them
a policy. While each of the above comments is true, individual
plans are expensive.
Insurance company underwriters protect their companies
by using conservative underwriting, declining risks, excluding
coverages, imposing restrictions or rating policies.
Two of the reasons group benefits were originally developed
were: people needed better access to medical services;
and doctors and hospitals needed to be assured of payment.
Since the original providers were not-for-profit organizations,
one must conclude that access to service was the primary
motivator.
Since 1970 full-time employment has been steadily declining,
while self-employed and part-time employment has been
increasing. Our firm accepted the challenge of redesigning
conventional group insurance coverage to meet the needs
of the growing number of part-time hospital employees.
Health care needs are no less important for part-time
employees.
Some of these part-time employees are covered through
a partner's plan; many are not. Some can afford a high
premium for individual coverage; many cannot. Some would
qualify medically for a personal plan; many would not.
So why should a hospital consider endorsing the Health
Care Providers Group Insurance Plan? How about guaranteed
coverage for all part-time employees who are working an
average of 18+ hours per week. And, the employee's premium
is withdrawn directly from their bank account on their
payday - a feature most find very convenient.
Other reasons are quality coverage including life insurance
and long-term disability protection. Health care, which
includes a pay direct drug card, is also included in the
basic plan. Dental may be added as an option.
The plan was introduced in November 1997 at Lakeridge
Health Oshawa (formerly Oshawa General Hospital) in Ontario.
We have expanded into many other hospitals by working
with human resource management and staff to make this
plan available to their part-time employees.
With the large number of hospital part-time employees
and the number of available full-time permanent positions,
it seems only fair that part-time employees be given the
opportunity to participate in benefit plans.
|
|
| |
|
|
| |
|
All images and content © Hardiman
Mount and Associates Insurance Brokers Ltd., 2005 |
Privacy
Policy
Design & Hosting by Durham
Web Services
Serving the Durham Region since 1999 (Whitby, Oshawa, Port Perry, Clarington, Ajax, Pickering, Kawarthas, Toronto/GTA) |
|
|
|
