As we know many of the companies provide the health benefits to their employees as an incentive but “do they provide it to their part-time employees?”
It is not mandatory to companies to provide health benefits to their part-time employees but, yes many of the recruiters are providing thehealth benefits to their part-time employees.
Health Benefits Ensures by Employers To Their Staff
Paid Medical Leaves-Nearly all the companies provide the paid medical leave to their employees weather permanent or part-time. As the employee is ill or unfit so the companies provide them the leave for there checkup without salary deduction.
Medical insurance-The companies provide medical insurance to their all the employees as an incentive according to their work. The employers set the amount of insurance money provided to the employee according to their work risk.
Childcare Benefits –Childcare benefits are provided to very less employees or only to the senior employees, many of the companies provide childcare benefit to the employee to appreciate them for their hard work.
Part-Time Employee Health Benefits Eligibility Requirement
Minimum hours working per week.
Minimum hours working per month.
Providing Health Insurance Promotes Employees’ Job Satisfaction Rate
A good health insurance plan is key to employees’ job satisfaction.
Companies in every sector with 50 or more part-time employees should provide health insurance. However, businesses with less than 50 employees can be a loss to the employer.
Types Of Health Insurance Provided To The Employees By Companies
The companies provide different types of health insurances with different benefits to their employees according their designation. Few of them are listed below.
Individual Health Insurance.
Family Floater Health Insurance.
Critical Illness Insurance.
Individual Health Insurance
As the name, an individual health insurance offers claim on an individual basis. However, one can add other members, including spouses, children, parents, etc. by paying extra premium.
The premium is charged as per every individual’s age, medical history, and respective sum insured. Therefore, if you are single or do not have kids, you can buy an individual health plan for yourself and your.
Family Floater Health Insurance
In a family floater plan, the claim is offered to all the family members, including spouse, children, parents, and other dependant members at a single premium. Usually, the premium is based on the age of the eldest family member. The coverage is almost similar to an individual health plan. If you have small kids or have family members that do not have serious health issues, then a family floater plan is a good option as the chances of exhausting your sum insured as lesser.
Critical Illness Insurance
A critical illness policy covers life-threatening diseases such as cancer, kidney failure, stroke, heart failure, paralysis, etc. The cost of treatment for such conditions is quite high, It may require multiple hospital visits over a long period. Apart from hospitalization, there are various other expenses, including doctor visits, etc.
However, the total number of illnesses that are covered are specified at the time of policy purchase. It also offers compensation for loss of income in case of a diagnosis of any life-threatening health condition. It can be purchased as a rider along with your existing health insurance policy or as a standalone critical illness plan.