PPO Or HMO, Indemnity Is A Thing Of The Past

No one would consider debating the importance of having health insurance benefits through their employer, or as some people might point out that these people are lucky to still have this option available to them. In the very recent past, anyone who had full time employment enjoyed the benefits of major medical and emergency coverage through an all inclusive indemnity plan. Back in the day, most employers offered these high valued types of plans to their employees and their family members at extremely low cost other than deductibles and co-pays.

However that was those days and we are in a different financial climate that is seeing the cost of health care to skyrocket and witnessing the removal of these types of benefits, especially plans like the indemnity ones that now are not affordable for even the employer to offer like they used to be able to do for their employees. Employers are now having to not only reduce health insurance coverage levels but are passing a good percent of the premium cost on to the employee if they want to enjoy continued coverage under a employer sponsored health insurance plan.

Some opponents is placing the blame on employers insisting that they are allowing greed to replace low cost health insurance through the company. There no doubt is some truth to this statement concerning many of the larger corporations who really don't want the expense that offering health insurance incurs, but the real truth for most employers is that health insurance is no longer affordable for them to absorb alone. Because of this they have passed on a considerable percent of the premium amount to the employee if they want health insurance coverage.

Indemnity plans that used to be the preferred choice of everyone seeking health care coverage has almost completely been replaced by the lesser, now more popular and affordable PPO and HMO plans that are being purchased today. In the past these plans were not the first choice of either the employers or the employees, mostly due the limiting factor concerning the health care facility or specific physician that could be used. But because of the times being what they are, this is now a very cost effective way of insuring the masses with a impressive amount of benefits, but at a much lower cost to everyone involved, making this feature a very attractive one.

There are many benefits that stem from having an employer based health insurance plan and whether that plan costs you out of pocket or not or whether it covers you using a PPO, HMO, or indemnity plan you are definitely one of the lucky ones. Employees who have health insurance as a benefit of employment should most definitely count their blessings.