Take advantage of these employee benefits.
While many employers offer their staff the opportunity to enroll in optional health benefits, a significant number of employees choose not to take these benefits in order to receive higher pay. While this might seem like a smart financial strategy, forgoing these health coverages could leave you exposed to serious financial risks. In fact, one of the leading causes of bankruptcy in the U.S. is actually medical bills. So, if your employer offers these optional work benefits, then you should definitely participate in them.
- Dental Coverage
According to the Dental Care Affordability Survey, over 50% of Americans do not have dental insurance. This is problematic because individuals who do not keep up with dental maintenance face greater risks of cavities and toothaches. Adults with poor oral care are more likely to develop serious health conditions such as diabetes, heart disease, and stroke. If your employer offers voluntary group dental benefits, then you should take advantage of this coverage. This benefit is a low-cost way to look after your dental health and reduce your out-of-pocket oral care costs.
- Vision Insurance
Regular eye exams are important for everyone, not just people who wear glasses or contacts. Your eyes are the window to your health, and receiving regular checkups can ensure that you catch certain health conditions in their earliest stages. Additionally, routine vision checks ensure that you continue to see clearly as your vision changes. Taking advantage of vision insurance through your work is a great way to secure coverage for regular eye exams and prescription lenses.
- Cancer Insurance
Despite what you might think, standard health insurance coverage does not offer coverage for cancer treatments. This is why securing cancer insurance through your employer is a great way to supplement your basic health policy. This type of coverage will help you pay for recurring treatments and doctor’s visits, as well as help you keep up with personal expenses such as mortgage payments, car payments, credit card bills, and so on if you are unable to work.
- Accident and Health Benefits
Many employers offer their staff optional accident and health coverage. This type of coverage will help to reduce your out-of-pocket medical expenses such as deductibles, co-pays, coinsurance, and other costs not covered by your existing health insurance plan. Securing this coverage is a great way to ensure that the costs associated with a sudden accident or injury do not leave you in a precarious financial situation.
These are some of the voluntary health benefits that you should secure from your employer. Do you have additional questions regarding your health coverages? If so, then contact the experts at Weeks & Associates Insurance Services in Thousand Oaks, California. We are ready to assist you with all your health insurance needs today.