January Cometh Revisit Health Coverage

Released on: October 29, 2008, 1:36 am

Press Release Author: Benepath

Industry: Healthcare

Press Release Summary: The changing pages of the calendar should remind people that
come January 2009 it is time to revisit their health care coverage and make changes.


Press Release Body: Every year like clockwork, death and taxes, the New Year brings
with it new challenges for everyone. Have one less challenge to face for 2009 by
updating what type of health care coverage is in place for the family.


During the year things change rapidly when it comes to the price of drugs, their
availability, and their status (meaning generic vs. brand name) and whether or not
they are added into an existing regime for a particular patient. Other things change
over time as well, including the various health care insurance plans offered to
consumers.


While the plans themselves might not change in what they provide, they may increase
in price. Often price increases in plans means other newer ones are offered in order
to let people choose a less expensive health care insurance option.


Typically this type of situation will happen at work where employees are on group
health care coverage. Come the time to change, they are advised their particular
plan is going up in price, due to rising health care costs, however they have other
more affordable options. What people do not tend to understand is that employers are
in a bind when it comes to providing health care for their employees.


Every year the price of maintaining health care goes up. In fact, health care
expenses eat up almost 25% of a company's operating costs. Asking for a raise will
not make any difference in the long run, as the increased wages will merely go to
pay the increased costs of health care.


This goes a long way towards explaining why requests for pay raises are often not
received well or do not wind up being what the workers want. It also explains why
some companies face potential bankruptcy over time trying to keep up with health
care demands.


Prior to January it is time to revamp health care coverage, do some shopping around
for better prices, reassess if what is currently in place is working and making
plans for the new year.

Web Site: http://www.benepath.com

Contact Details: 9280 Bay Plaza Blvd Suite 706
Tampa, FL 33619
1.813.600.3017

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