Part-time and seasonal employees often face significant challenges in accessing affordable health coverage. These workers are typically excluded from traditional employer-sponsored health plans due to their temporary or part-time status. The 2023 KFF Annual Health Care Affordability Report highlights the difficulties part-time workers encounter, including higher out-of-pocket costs and limited access to employer-sponsored insurance (KFF). The Fundamental Care® Limited Day Health Plan offers a flexible and affordable solution tailored to meet the needs of part-time and seasonal employees.
Challenges Faced by Part-Time and Seasonal Employees
Several factors contribute to the health coverage challenges for part-time and seasonal employees:
Limited Access to Employer-Sponsored Insurance: According to KFF, many part-time workers do not qualify for employer-sponsored health plans, leaving them without essential health benefits.
High Out-of-Pocket Costs: Part-time and seasonal employees often have higher out-of-pocket expenses for healthcare services, making it difficult for them to afford necessary care.
Employment Instability: The temporary nature of their employment means that part-time and seasonal workers frequently move between jobs, complicating their ability to maintain consistent health coverage.
How the Fundamental Care® Limited Day Health Plan Can Help
The Fundamental Care® Limited Day Health Plan offers several features that make it an ideal solution for part-time and seasonal employees:
Affordability: The plan provides lower premiums and deductibles compared to traditional high-deductible health plans (HDHPs) and BUCA plans. This makes it more affordable for part-time and seasonal workers.
Near Comprehensive Coverage: Despite its affordability, the plan includes essential health benefits such as preventive care, primary care visits, and mental health services. This ensures that employees receive necessary care, promoting overall well-being and satisfaction.
Flexibility: The plan can be customized to meet the specific needs of part-time and seasonal employees, providing coverage options that align with their unique employment situations.
Supporting Data from Additional Sources
In addition to the KFF report, data from other reputable sources further underscores the challenges and solutions for health coverage for part-time and seasonal employees:
SHRM: The Society for Human Resource Management (SHRM) highlights the importance of offering flexible health benefits to part-time and seasonal workers to improve their job satisfaction and retention rates. SHRM's reports emphasize that tailored health plans can significantly enhance employee morale and reduce turnover.
BenefitsPro: According to BenefitsPro, providing health benefits to part-time and seasonal workers can be a competitive advantage for employers. Their data shows that companies offering such benefits experience lower turnover and higher employee loyalty.
How Brokers Can Assist Employers
Brokers play a vital role in helping employers navigate the complexities of providing health coverage for part-time and seasonal employees. Here’s how brokers can leverage the Fundamental Care® Limited Day Health Plan:
Educate Employers: Provide clients with information on the benefits of the Limited Day Health Plan and how it can address the specific challenges faced by part-time and seasonal employees. Use data from KFF, SHRM, and other sources to support your recommendations.
Customize Solutions: Work with employers to tailor the plan to their specific needs and budget. Highlight the plan’s affordability, flexibility, and comprehensive coverage.
Offer Comparative Analysis: Compare the Limited Day Health Plan with traditional HDHPs and BUCA plans, demonstrating its cost-effectiveness and flexibility.
Conclusion
Part-time and seasonal employees face significant challenges in accessing affordable health coverage. The Fundamental Care® Limited Day Health Plan offers a viable solution by providing affordable premiums, valuble coverage, and flexibility tailored to their unique needs. As a broker, you can guide employers towards this innovative solution, ensuring that part-time and seasonal workers receive the health benefits they deserve.
To learn more about how the Fundamental Care® Limited Day Health Plan can benefit part-time and seasonal employees, visit Fundamental Care® Limited Day Health Plan.
About Fundamental Care®
Fundamental Care® offers Affordability-Based Medical Plans designed to meet the unique needs of various niche markets, including small businesses and their employees, part-time and hourly workers at enterprise-level companies, independent contractors, gig-economy workers, and association members. Our mission is to provide access to unique and affordable health insurance benefits on a guaranteed issue basis. Learn more about Fundamental Care® and how we can help your clients navigate the challenging healthcare landscape.
About Coterie Advisory Group, Inc.
Fundamental Care® is managed by Coterie Advisory Group, Inc., an insurance program manager and national marketing agency. Our founders are a team of insurance and benefits professionals with extensive experience in the benefits marketplace. They have held leadership and executive roles at multiple insurance carriers, agencies, and platform administrators. Our drive has helped thousands of service-industry employers and millions of individuals obtain quality, affordable care. Coterie focuses on Affordability-Based Medical Plans and holds life and health insurance licenses in all 50 states.
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