Dahlonega, Georgia
102 Memorial Dr
Dahlonega, GA 30533
(706) 864-3515

What to Do If Your Job Doesn’t Provide Health Insurance August 3, 2020

Dahlonega, Lumpkin
What to Do If Your Job Doesn’t Provide Health Insurance, Dahlonega, Georgia

Many individuals with health insurance receive this important coverage through their employers. Yet, in some scenarios, a job might not come with this perk. Employees who work for small companies, contract or freelance workers, and self-employed individuals, for example, must all consider other means for finding insurance. Below, learn what you can do to ensure that your medical bills will be covered. 

Do Employers Have to Provide Coverage?

In most cases, there isn’t a legal requirement stating employers must provide this benefit. Yet, many do so either willingly or to bypass fees. Companies with 50 employees or more, for instance, will face a significant IRS penalty if they don’t offer health insurance to at least 95% of their workforce. As of 2020, the fee was $3,860 per employee. For organizations with fewer than 50 employees, however, the fee does not apply.

With that being said, many companies offer coverage with the knowledge that it’s a sought-after benefit among many workers. There may also be some scenarios in which an employer does legally have to offer coverage. For example, if you’re in a union, your employer may be contractually obligated to offer the benefit. Additionally, companies may not discriminate and offer only certain employees insurance based on any potentially discriminatory factors, such as race, pregnancy, and age. 

What Can You Do If You’re Not Insured Through Work?

health insuranceWith healthcare costs climbing higher than they’ve ever been, carrying insurance is a basic necessity. Even if you consider yourself healthy, treatment for unforeseen accidents or illnesses could cause you to accrue hefty medical bills. For this reason, you’ll never want to be uninsured. Fortunately, you can purchase a policy based on your unique needs. For example, if you don’t have any chronic conditions and rarely need to see a doctor, you might consider a plan with a low monthly premium but a higher deductible.

 

If you’re responsible for your own health insurance because your employer doesn’t offer it, allow Stringer Insurance Agency to help you find the right plan. Serving Dahlonega, GA, this trusted agency offers policies through top-rated providers to ensure their clients have the best type of coverage for their unique needs. Find out more about their options online or call (706) 864-3515 to request a quote.

Other Announcements, Events and Deals from Stringer Insurance Agency
How Do Life Insurance & SSI Affect Each Other?, Dahlonega, Georgia
Social Security and life insurance have some similarities. Both provide financial benefits that help your family. However, the insurance plan you have can impact the amount...read more
3 Immediate Steps to Take After Your Car Has Flooded, Dahlonega, Georgia
Flooding is one of the most frustrating causes of damage to your car, possibly requiring extensive and costly repairs if water gets into the engine. Even minor dampness in the interi...read more
3 Tips for Dealing With Aggressive Drivers, Dahlonega, Georgia
You may encounter aggressive drivers on the road, whether it’s people who get angry easily or who are just in a rush to get somewhere. Defensive driving will protect you and oth...read more
4 Safety Tips for Your Summer Road Trip, Dahlonega, Georgia
The summer road trip is a time-honored tradition and a chance to make memories that will last a lifetime. However, the road can be unpredictable, with a variety of hazards that could...read more