Your Company Pays Part of the Bill:
This is the biggest perk. Your employer typically covers a large chunk of the monthly premium, which is like getting a tax-free raise dedicated to your health coverage.
Hassle-Free Signup:
Enrollment is straightforward. No complex applications or health screenings—just choose from the options your employer provides during open enrollment.
Strength in Numbers:
Group plans can sometimes offer better rates or more extensive coverage than you could find on your own because the risk is spread across all employees.
You’re Stuck with Their Choices:
You get the plan(s) your employer picks, like it or not. If the network is limited or the deductible is sky-high, you have no other options through work.
Family Coverage Can Be Shockingly Expensive:
While your individual premium might be low, adding a spouse or children can cost hundreds more each month—sometimes more than a Marketplace plan.
Your Coverage is Tied to Your Job:
Leave the company, and you leave your health insurance behind. This “job lock” can make career changes or early retirement risky and stressful.
The “Real” Cost Isn’t Just the Premium:
A low bi-weekly deduction might hide a high deductible, copays, and out-of-pocket maximums. A seemingly cheap plan could cost you more over the year if you need care.
“Does this plan cover my doctors and medications?” Don’t guess—check the provider directory and drug formulary carefully.
“What’s the true yearly cost?” Add up your premium share + deductible + expected copays. Compare this total to other options.
“What happens if I leave my job?” Have a backup plan. Know your options like COBRA or the Health Insurance Marketplace.
You have the right to shop around! Even if your employer’s plan seems good, you might find a better fit on the Marketplace—especially if you qualify for subsidies based on your income.
Don’t default to “easy” when it comes to your health. I help people like you compare their employer’s plan against all other options for free. Let’s make sure you’re choosing the best value, not just the most convenient path.