Group Health Insurance

Most jobs today do not offer benefits to their employees in any form, not even group health insurance. Really though, it depends on how much money you’re making. If you earn enough money, you don’t need group health insurance offered by your employer. You can simply select a health insurance company and pay for the health insurance that they provide. If it came down to it, if you have enough money, you could even just pay all your medical bills yourself without a go-between.

That’s really all group health insurance is. A go-between. Instead of giving you that money in your salary, companies take that money and put toward their group health insurance plans. So your company is only really acting like the middleman concerning group health insurance and benefits. As with anything else, there are both pros and cons to this.

On the one hand, if you don’t have benefits and you’re not sick or in need of any medical care, you’re getting all your money in your paycheck. Your employer doesn’t have group health insurance or any other excuse to hack out a chunk of it. And on the other hand, if you suddenly fall ill or are in a car accident or abruptly throw out your back or have something else just happen to you, you don’t have group health insurance from your employer or anything else. You still have to go to the doctor at least, maybe even the hospital, and you’re going to have to eventually pay your medical bills.

Always remember that nothing is for free.

Even if you are not refused admittance to the hospital and all the doctors and nurses are still helping you, that doesn’t mean they’re going to forget about the bill. Just because no one stops to ask you about if you have group health insurance or some other type of health insurance plan doesn’t mean it’s not something they’ll check on eventually. And it’s likely that if you’re having a heart attack or were in a bloody car crash or experiencing some other emergency medical crisis that group health insurance, whether you have it or not, will be the last thing on your mind.

But then after your treatment is over and you’re feeling better and stronger, you’ll still have a pile of medical bills to go through and it’s your responsibility to somehow pay them all off. If you have group health insurance, they will cover part or maybe even all of it, depending on what your plan is like. That’s at least somewhat of a relief. It’s one less thing you have to worry about because of group health insurance. In the end, it’s better to have group health insurance than not to have it. People get sick and hurt. It’s a fact of life. Everyone has to go see a doctor for something at some point. Therefore, it’d better to have a group health insurance plan from your employer so that you’re ready. You’re already working full-time for your employer so he might as well let you have group health insurance. You earned it.