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A career change oftentimes leads to a
And, although you might have an offer for a better position career-wise, it might not have the same health benefits as your current line of work.
In order to help you make a healthy choice, here are just a few things to consider about your
Employer-Based Health insurance Statistics
When employers offer their workers’ health insurance coverage, it not only raises the caliber of employees applying for open positions, it also ensures a healthy, more productive workforce. Because of this, more and more employers are offering health insurance plans to their workers.
In fact, the Bureau of Labor Statistics performed a national compensation survey in 2013 that took a look at the employer-based health benefits of both small and large businesses. Roughly 57% of small businesses in the United States with 49 or fewer employees offer health insurance plans to their workers.
Likewise, a surprising 94% of large businesses with 500 employees or more offer health insurance plans to their workers.
All numbers aside, if you’re in-between jobs, there are some things to consider when it comes to your
There are a number of things to consider when you are in-between jobs and at the top of the list is your
When it comes to health insurance considerations for job seekers, gap coverage or short-term medical coverage should be a priority when you are transitioning into a new career.
Although the Consolidated Omnibus
Short-term coverage fills in the health insurance gaps while you are in-between jobs. Many health insurance providers offer short-term coverage up to 11 months and, whether you are changing jobs, waiting for new coverage to begin, or currently unemployed, short-term insurance ensures you never have a lapse in coverage.
Factors to Consider With Individual Health insurance
Whether you are in-between jobs, you work
Although lower monthly premiums are attractive, they usually come at the cost of higher deductibles. And, as for deductibles, you also need to know what your out-of-pocket expenses are for everything from routine visits to ER visits.
In addition, you also have to figure out which network has the doctors you want and if the participating hospitals are nearby.
Questions to Ask Your Future Employer
Not all employer-based health insurance plans are built the same, so it’s important to ask your new employer about your coverage type.
Health insurance usually doesn’t begin the day you start work, so you need to ask when your new coverage starts.
Likewise, if you have a preexisting condition, you need to bring it up with your employer. Although you won’t necessarily be denied coverage through your new employer if you have a preexisting condition, the circumstances of the coverage may change.
By keeping in mind the information above, you’ll put your health first while in the
About the Author: Adam Groff is a
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Good luck in your search.