Healthcare Pros And Cons Essay

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One of the most discussed topics today in businesses is healthcare. More importantly the healthcare benefits for employees. It is really important for an employee to know that he or she has as benefit options before starting a job. Healthcare is a big topic so it has for sure pros and cons for employee and employer. A few major pros for taking advantage of healthcare benefits are at first it reduces absenteeism. A healthy employee is for sure more present and definitely productive. And when they have the right health care they are less sick what means the less likely they will be to miss work days. Second, it saves money. Taking advantage of any sort of employee benefit is ever a good thing for the employee. Third, it heightens job …show more content…

Fifth, it helps employers retain their best employees because benefits are making a difference. And sixth, it sets a good example by placing value on healthcare in the workplace which can energize workers to place importance on their home as well. The only point against it is that if a person loses their job and doesn’t find a new one soon they are without healthcare and that would mean they must get healthcare and by paying for it on their own. A few of the major pros for an employer to offer healthcare are at first it attracts and retains the most qualified employees, because having health insurance as a benefit is absolutely necessary to attract …show more content…

There you can compare the costs, benefits, and features of different plans. The FEHB program choses their different benefit categories based on enrollee requests, differences among plans, and simplicity. This program is a good way for an employee to see. Another program is the Small Business Health Options Program (SHOP). Today, small employers like to have a tough time finding and affording coverage that meets the needs of their employees. Since the beginning of 2014, employers will have more choice and control over health insurance spending through the Small Business Health Options Program (SHOP). This is a new program designed to simplify the process of buying health insurance for a small business and which healthcare package the company need and if they have the money to pay the insurance. A big advantage of SHOP is the access to tax benefits. The employer will also have exclusive access to an expanded Small Business Healthcare Tax Credit. This tax credit covers as much as 50% of the employer contribution toward premium costs for eligible employers who have low- to moderate-wage workers. When the employer buys insurance through the SHOP, it makes it easy for him to take advantage of other tax breaks, too, including the chance for him and his employees to use pre-tax dollars to make his premium payments. The employer and his employees will also have benefit from new protections

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