What Every Employee Needs to Know – Secret Number 2 – Know What Employers Want!

It really is amazing that people can work from the ages of 16-65 and not be able to answer the simple question of “what do employers want”. This is a question that people can’t get the answer to in almost 50 years of working. The reason that the question is tough to answer is that the answer is so easy.What do employers want? The very same things you do. Here are the 3 things that employers and employees want.Employers                                                                   Employees
Want a profitable/viable business                              Want to earn what they are worthEmployees that are loyal                                             To be rewarded and recognized for loyalty
Have employees that take ownership                         Have Ownership and inputMost employees don’t realize that the employers want what they want. Those employers and their businesses are actually nothing more than overgrown employees. The employer wants your respect for what they have and what they do. Employees don’t understand the stresses that employers feel. Most employees are responsible for themselves and maybe their family; let’s say a total of 5 people. If an employer has 10 employees then the employer is essentially responsible for 50 people or more. See the difference? The stress that is felt by the employee can usually be magnified by 10 to 20 times for the employer.
When making assumptions about what an employer wants, be willing to walk a mile in their shoes. When you put those shoes on you will realize that they don’t really feel that much different from your own shoes.
As you spend a majority of your life working. You might as well spend some time to learn what it is specifically that your individual employer wants. Every employer is going to have their own little quirky things that they are looking for, but it is going to fall into one of the above categories: Profitability, Loyalty, Ownership. Find out which of these 3 is most important to your employer and you will be well on your way to solving the mystery that takes some people over 50 years to figure out. You will be the one employer at your job that will KNOW WHAT EMPLOYERS WANT!

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Consumer Managed Health Care and Health Savings Accounts (HSA’s) May Be the Wave of the Future

The need for reduced health care cost brought about the formation of Health Saving Accounts about four and a half years ago and their use has grown in use by American consumers exponentially. Most consumers will agree that health insurance is too expensive especially if you have a family to cover. Deciding what policy makes the most sense can be confusing regarding co-pays and deductibles, and features because the ones with the most features and lowest deductibles cost the most so you are left with the dilemma of determining how much will you actually use if you pay for all the bells and whistles. This is where the Health Saving Account can make it possible to get great coverage with a reduced premium and have a reserve expense account for when a major medical expense does occur.Why Use A Health Savings Account?Most consumers choose health plans with low to medium deductibles and co-pays for doctor visits and prescription drugs to defray the cash outlay for health related expenses. Deductibles are the amount you the consumer pay before your insurance kicks in to cover the difference. While these traditional plans can ease the pinch on the pocketbook at the initial appointment or at the pharmacy, you actually pay for these features in the form of a higher premiums.The concept behind Health Savings Accounts (HSA’s) is that you choose a plan with a high deductible because plans with higher deductibles have much lower monthly premiums. The savings in premium for the high deductible plan is then placed into a HSA account owned by you. The contributions to the HSA are 100% tax deductible from your income up to the legal limits and the money accumulates tax deferred sort of like an IRA for health care. As long as the money is used for any qualified health care cost then it is also tax free. The best part is the contributions are yours to keep and they continue to accumulate interest. If you change jobs or become self employed the HSA account goes with you, and unlike Flexible Spending Accounts that have the “use it or lose it provision” these accounts do not forfeit your contributions.Is A Health Savings Account Right For Me?HSA’s were originally created as a tax deductible medical insurance program with the self employed consumers in mind, but were quickly recognized as a viable solution to better manage health care cost for all Americans. Some advocates believe that HSA’s are geared primarily toward wealthy self employed families in good health who need a low cost plan for any major medical expenses. Clearly it makes more sense for somewhat healthy individuals to benefit more from the cash accumulation than someone who actively is tapping into their insurance because of health issues. The consumer market says these plans are growing in favor within only a few years over 3 million have signed up for HSA plans and that number is expected to be over 30 million by 2010. Determining if an HSA is right for you will require you to consider your current health insurance cost and how you feel about covering the smaller healthcare expenses in exchange for a lower premium. The savings in premium can be substantial and once you have fund accumulation you will have enough to cover doctor visits co-pays prescription and deductibles. The benefits of the HSA are twofold; Lower overall insurance premiums and a self managed tax deductible medical expense account. One of the greatest uses in our current economy with the suffering employment market would be the ability to use a HSA account to fund a short term medical plan for a consumer or family income earner who has lost their employer sponsored health insurance plan.How Do I Enroll in an Health Savings Account Program?Most major health insurers such as Assurant, United Health Group Golden Rule and Aetna provide Health Savings Accounts right alongside their traditional medical insurance programs. Agent websites with carrier links will actually spreadsheet the different plans side by side for you to compare. Agents also can provide you a personalized comparison to show how you might save by making the switch from traditional plan to an HSA plan. Many of the carriers have already established bank accounts with debit cards allowing you to sign up for the programs all at the same time.Health Savings Accounts are clearly a viable option and will likely continue to offer more features and options as more consumers learn about them and employers begin to introduce them. The long term benefit is better managed health care and lower overall cost to consumers.

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California Health Insurance Quotes – Warning! Read This First!

Many people in California are often concerned about obtaining health insurance. They are confused about their options or about how to obtain the best health insurance for them or their family. There are several efficient ways to obtain health insurance in California, though, and some of them are not always obvious, but can be quite easy in the end.Health insurance is commonly obtained through an employer. Nearly all employers these days offer some sort of “group” health insurance plan for employees. The term “group” simply denotes that there is a large group of people on the plan, which decreases the cost of the monthly premium for all members. These plans can cover yourself, your spouse, and your family, depending on the specific policy. Covering more than just yourself obviously increases your monthly premium, but the ability to cover your family inexpensively is a huge benefit. To obtain group health insurance through your employer, you should contact your human resources department or whoever is in charge of benefits in your company. You should be able to buy into the group health insurance plan at any time during your employment.If you leave an employer who offers group health insurance without first finding other coverage, you can also use the COBRA law with your previous employer’s health insurance coverage. COBRA is a government act that allows you to continue coverage under your previous employer, though at a more expensive rate. If you had coverage for your entire family, COBRA will allow you to continue this full coverage for a certain period of time.There are several million people in the United States (many of whom live in California) who are unable to participate in any group health insurance plans, however. Health insurance companies do offer individual plans for those who do not have coverage through their employer, are self-employed, or are ineligible for government health insurance assistance, such as Medicare or Medicaid. Individual health insurance plans are more often than not very expensive in relation to group health insurance plans. These plans can also cover family members and spouses for additional costs. Finding individual health plans is not difficult. Almost all health insurance companies offer individual plans; you can now search online for individual health insurance plans. Some Web sites even allow you to compare pricing and details of plans offered in your area – much like shopping for car insurance.If you meet certain requirements federal health assistance is available. Also, you qualify for federal assistance that comes in the form of Medicare if you are over the age of 65 or if you have a disability as determined by the federal government. If you do not qualify for Medicare you may qualify for Medicaid if you are below a certain income level. No matter what program you use it is vital that you have some health coverage so speak to a doctor or health professional to find all avenues to receiving health insurance.When shopping California health insurance quotes, it pays to let your fingers do the walking and use any of the online services that offer instant health insurance quotes. Typically, such services will simply ask you to provide a few pertinent details from which they can generate your quotes. After the numbers are crunched, they’ll provide you with several quotes in a timely manner which you can compare coverages and premiums to ensure you’re getting the best value for your money.

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