Most employers do offer health insurance as a part of their employee benefits program – this way they can stand out from the competition and improve the overall image of their business as well as the loyalty of their staff. But if for some reason that is not the case with you and your employee, then it might be reasonable to purchase your health insurance cover from a private health insurance company.
Private healthcare insurance is recommended to unemployed, self-employed/working part-time, those starting a business with employees, those just turned 26 (under current law, children can be kept under the parent’s health insurance policy until they turn 26), or those 65 years of age or older who want to buy Medicare Advantage or Medigap.
It depends on the type of the plan: HMO, PPO, EPO, HDHP, CHDP, POS, Catastrophic Coverage, etc. Before you choose a specific plan, make sure that you are able to pay the deductible provided by the plan.
Surprisingly enough, private healthcare insurance is cheaper than employer-sponsored insurance by 25% on average. However, you will have to pay for your private healthcare insurance plan from your pocket, whereas employer-sponsored insurance is partially or fully paid by your employee.
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Dental insurance coverage may vary slightly depending on the area. But there are usually two main types: PPO and HMO plans.
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