Tag: Health

Small Business Health Insurance Costs, business health insurance.#Business #health #insurance


Business health insurance

Business health insurance

Small Business Health Insurance Costs

Table of Contents:

This guide is for small business owners looking to compare the cost of health insurance for their employees. After reading this guide you should understand small business health insurance costs and which option is going to be the most cost effective for you and your employees.

There are tens of thousands of health care plans available to small businesses. Because these plans vary so widely by state, there s no one plan we can recommend for all businesses. We suggest checking out Gusto, our recommended payroll provider, which now provides health benefits as well. Click here for a free quote.

Our Conclusion

If your average employee makes less than $50,000 per year, you should not offer a group health insurance. The most cost effective option for you and your employees is for the business to provide additional funds to the employee, which can be used to offset the cost of the employee purchasing an individual health insurance policy on their own.

If your average employee makes more than $50,000 then you may want to consider offering a group health insurance plan.

Small Business Health Insurance Cost Summary Table

Average Monthly Premium Per Employee for Health Insurance (Second Lowest-Cost Silver Plan)

*Does not include potential subsidy explained below.

How We Came Up With This Table

There are four main options small business owners have to purchase health insurance for their employees. They are:

Offer Group Health Insurance via:

  1. Traditional Group Insurance Buying a group health insurance plan through a broker or private online exchange like eHealth.
  2. SHOP Exchange Buying group insurance through the Obamacare website, healthcare.gov. SHOP is short for Small Business Health Options Program. (learn more about SHOP)

Giving Your Employees Money To Buy Individual Insurance via:

  1. Private Individual Insurance Giving your employees money to purchase individual insurance through a broker or from a private online exchange like eHealth.
  2. Obamacare Individual Insurance Giving your employees money to buy individual insurance via healthcare.gov.

There are many different health plans you can buy, so to make an apples to apples comparison we chose to compare one health insurance plan (the second lowest cost silver plan) which we feel represents a typical health plan. We then calculated the cost of that plan on a per employee basis using each of the 4 purchase avenues above.

Where We Obtained Pricing

To find rates for individual Obamacare insurance and SHOP exchange group insurance we used healthcare.gov. To find rates for traditional group insurance and private individual insurance we used eHealth.com, a website that aggregates many different providers.

IMPORTANT: How Individual Subsidies Affect Small Business Health Insurance Costs

If your employees earn below a certain amount (example: $46,680 for an individual, or $95,400 with a family of 4), they can apply for a health insurance subsidy when buying individual insurance. If you offer a group plan however they cannot receive this subsidy. This is true even if your employees do not opt in to the group plan.

Assuming you do not offer a group health insurance plan and your employees meet the income requirements to be eligible for a subsidy, their health insurance premiums and out of pocket costs can be slashed significantly. This pertains to all plans on healthcare.gov and some plans on eHealth. Use the tool below to figure out how much they could save:

If you offer group health insurance through the SHOP exchange, your business might qualify for a tax credit of up to 50% the amount the business spends on premiums. To qualify, you must have fewer than 25 employees and their average salary must be below $50,000. The credit is only significant, however, if you have closer to 10 or fewer employees and/or if their average salary is around $25,000 or lower.

The Advantages of Individual Health Insurance

Looking at the chart you’ll notice individual health plans, on average, are much cheaper than group plans. This means that rather than buy a group health insurance plan, you might be better off giving your employees extra money to buy their own plans. On top of enjoying lower rates, your employees get the freedom to choose their own plans.

They can also apply for federal subsidies, which are currently available to individuals earning below $46,680 (or $95,400 for a family of four). The subsidy can be very generous. For example, an individual who earns $25,000 a year could save about 32% on their premiums. If you chose to offer group health insurance, however, the subsidy will not be available. Even if employees opt out of your plan and buy a policy on their own, they will not be eligible for a subsidy.

So if individual exchanges are cheaper, offer more freedom of choice and potential subsidies for employees, why even consider group health plans?

The Advantages of Group Health Insurance

For many small businesses, the individual route is probably the way to go (especially if your employees qualify for subsidies.) However, there still is an important case to be made for group health plans. They hold a key advantage in that you and your employees can use pre-tax dollars to pay for coverage. Your contribution will not be subject to payroll tax and your employee’s contributions are not subject to income tax. So if your employees are in a relatively high tax bracket, group health insurance may actually be the most economical option.

How To Decide Which Option Is Best For Your Business

There are some basic rules of thumb to figure out if individual plans or a group plan is the way to go:

  • If employees earn below $45,000 a year, go with individual plans. Your employees will qualify for subsidies. By offering a group plan, however, you take this away from them. Even if an employee earns above $50,000 a year, if they have any dependents (spouse or children), they’ll qualify for subsidies. A family of four that earns $50,000 can get about 62 percent of their premiums slashed by a subsidy.
  • If your employees do not qualify for subsidies and are in a high tax bracket, consider a group health plan from SHOP or a private exchange. Your business and your employees can use pre-tax dollars to pay for coverage, which can mean significant savings for you and your employees.

Other Things To Keep In Mind

  • Healthcare.gov averaged slightly lower rates than eHealth, but this doesn’t necessarily mean they charge less for plans. It just means they tend to have more affordable silver plans to choose from.
  • Costs vary greatly across regions. In some areas, eHealth actually had the advantage. If you decide to buy health insurance from an exchange, you should maximize your options by checking both websites. See eHealth Sample Rates and Obamacare Sample Rates.

With that in mind, you’ll be on track to finding the ideal coverage for your business. For more on choosing an insurance plan for your business, check our article “9 Questions To Ask Before Providing Health Insurance.”

Looking for the best health benefits package for your employees? Gusto will look at hundreds of health plans and offer you the best choices for your budget and your employees. Click here to visit Gusto and schedule a free demo.

About the Author

Jeremy Marsan

Jeremy Marsan is a business analyst and staff writer for Fit Small Business currently specializing in small business healthcare issues and product reviews. When not helping small business owners he enjoys many artistic projects, including music performance/recording, blogging, creative writing and carpentry.

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Small Business Health Care Tax Credit and the SHOP Marketplace, Internal Revenue Service, business

Small Business Health Care Tax Credit and the SHOP Marketplace

If you are a small employer, there is a tax credit that can put money in your pocket.

The small business health care tax credit benefits employers that:

  • Have fewer than 25 full-time equivalent employees
  • Pay average wages of less than $50,000 a year per full-time equivalent (indexed annually for inflation beginning in 2014)
    • For tax years 2015 and 2016, the inflation-adjusted amount is $52,000
  • Pay at least half of employee health insurance premiums

To be eligible for this credit, you must have purchased coverage through the small business health options program, also known as the SHOP marketplace.

For information about insurance plans offered through the SHOP Marketplace, visit Healthcare.gov.

How will the credit make a difference for you?

For tax years 2010 through 2013, the maximum credit is 35 percent of premiums paid for small business employers and 25 percent of premiums paid for small tax-exempt employers such as charities.

For tax years beginning in 2014 or later, there are changes to the credit:

  • The maximum credit increases to 50 percent of premiums paid for small business employers and 35 percent of premiums paid for small tax-exempt employers.
  • To be eligible for the credit, a small employer must pay premiums on behalf of employees enrolled in a qualified health plan offered through a Small Business Health Options Program (SHOP) Marketplace or qualify for an exception to this requirement.
  • The credit is available to eligible employers for two consecutive taxable years.

If you pay $50,000 a year toward employees’ health care premiums — and if you qualify for a 15 percent credit, you save. $7,500. If you save $7,500 a year from tax year 2010 through 2013, that’s total savings of $30,000. If, in 2014, you qualify for a slightly larger credit, say 20 percent, your savings go from $7,500 a year to $10,000 a year.

Even if you are a small business employer who did not owe tax during the year, you can carry the credit back or forward to other tax years. Also, since the amount of the health insurance premium payments is more than the total credit, eligible small businesses can still claim a business expense deduction for the premiums in excess of the credit. That’s both a credit and a deduction for employee premium payments.

There is good news for small tax-exempt employers too. The credit is refundable, so even if you have no taxable income, you may be eligible to receive the credit as a refund so long as it does not exceed your income tax withholding and Medicare tax liability. Refund payments issued to small tax-exempt employers claiming the refundable portion of credit are subject to sequestration. Find out more information on sequestration. Note that the Congressional Budget Office estimates that a sequestration for fiscal year 2016 will not be required.

If you can benefit from the credit this year but forgot to claim it on your tax return, there’s still time to file an amended return. Refund limitations may apply. Generally, a claim for refund must be filed within 3 years from the time the return was filed or 2 years from the time the tax was paid, whichever of such periods expires the later, or if no return was filed by the taxpayer, within 2 years from the time the tax was paid.

See examples of how the credit applies in different circumstances.

Can you claim the credit?

To be eligible, you must cover at least 50 percent of the cost of employee-only (not family or dependent) health care coverage for each of your employees. You must also have fewer than 25 full-time equivalent employees (FTEs). Those employees must have average wages of less than $50,000 (as adjusted for inflation beginning in 2014) per year. Remember, you will have to purchase insurance through the SHOP Marketplace (or qualify for an exception to this requirement) to be eligible for the credit for tax years 2014 and beyond. For information about State-based SHOPs participating in the direct enrollment process, such as the one adopted by federally-facilitated SHOP Marketplaces, see the Centers for Medicare Medicaid Services (CMS) FAQs about flexibilities for State-based SHOP direct enrollment.

How do you claim the credit?

You must use Form 8941, Credit for Small Employer Health Insurance Premiums, to calculate the credit. For detailed information on filling out this form, see the Instructions for Form 8941.

If you are a small business, include the amount as part of the general business credit on your income tax return.

If you are a tax-exempt organization, include the amount on line 44f of the Form 990-T, Exempt Organization Business Income Tax Return. You must file the Form 990-T in order to claim the credit, even if you don’t ordinarily do so.


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Small Business Health Insurance – UnitedHealthcare, business health insurance.#Business #health #insurance


business health insurance

We started looking at insurance in December

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and prospects. Service offerings include online courseware, explainer videos, step-by-step tutorials,

and graphic explainers in any digital format for delivery through any device.

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BAM! Social Business | Nashville, Tennessee

two hours to figure out our health plan, but because this site is so simple to use

and navigate, I got everything done in just 20 minutes. The site took me from basic

information to finalizing my UnitedHealthcare plan that quickly. The experience was

also so straightforward, I didn’t have any questions about what I was purchasing.

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through social media platforms. Understanding that content is king, BAM! works to engage, create and

develop marketing messaging that provides excellent return on investment.

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marine and civil applications.

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Small Business Health Care Tax Credit and the SHOP Marketplace, Internal Revenue Service, business

Small Business Health Care Tax Credit and the SHOP Marketplace

If you are a small employer, there is a tax credit that can put money in your pocket.

The small business health care tax credit benefits employers that:

  • Have fewer than 25 full-time equivalent employees
  • Pay average wages of less than $50,000 a year per full-time equivalent (indexed annually for inflation beginning in 2014)
    • For tax years 2015 and 2016, the inflation-adjusted amount is $52,000
  • Pay at least half of employee health insurance premiums

To be eligible for this credit, you must have purchased coverage through the small business health options program, also known as the SHOP marketplace.

For information about insurance plans offered through the SHOP Marketplace, visit Healthcare.gov.

How will the credit make a difference for you?

For tax years 2010 through 2013, the maximum credit is 35 percent of premiums paid for small business employers and 25 percent of premiums paid for small tax-exempt employers such as charities.

For tax years beginning in 2014 or later, there are changes to the credit:

  • The maximum credit increases to 50 percent of premiums paid for small business employers and 35 percent of premiums paid for small tax-exempt employers.
  • To be eligible for the credit, a small employer must pay premiums on behalf of employees enrolled in a qualified health plan offered through a Small Business Health Options Program (SHOP) Marketplace or qualify for an exception to this requirement.
  • The credit is available to eligible employers for two consecutive taxable years.

If you pay $50,000 a year toward employees’ health care premiums — and if you qualify for a 15 percent credit, you save. $7,500. If you save $7,500 a year from tax year 2010 through 2013, that’s total savings of $30,000. If, in 2014, you qualify for a slightly larger credit, say 20 percent, your savings go from $7,500 a year to $10,000 a year.

Even if you are a small business employer who did not owe tax during the year, you can carry the credit back or forward to other tax years. Also, since the amount of the health insurance premium payments is more than the total credit, eligible small businesses can still claim a business expense deduction for the premiums in excess of the credit. That’s both a credit and a deduction for employee premium payments.

There is good news for small tax-exempt employers too. The credit is refundable, so even if you have no taxable income, you may be eligible to receive the credit as a refund so long as it does not exceed your income tax withholding and Medicare tax liability. Refund payments issued to small tax-exempt employers claiming the refundable portion of credit are subject to sequestration. Find out more information on sequestration. Note that the Congressional Budget Office estimates that a sequestration for fiscal year 2016 will not be required.

If you can benefit from the credit this year but forgot to claim it on your tax return, there’s still time to file an amended return. Refund limitations may apply. Generally, a claim for refund must be filed within 3 years from the time the return was filed or 2 years from the time the tax was paid, whichever of such periods expires the later, or if no return was filed by the taxpayer, within 2 years from the time the tax was paid.

See examples of how the credit applies in different circumstances.

Can you claim the credit?

To be eligible, you must cover at least 50 percent of the cost of employee-only (not family or dependent) health care coverage for each of your employees. You must also have fewer than 25 full-time equivalent employees (FTEs). Those employees must have average wages of less than $50,000 (as adjusted for inflation beginning in 2014) per year. Remember, you will have to purchase insurance through the SHOP Marketplace (or qualify for an exception to this requirement) to be eligible for the credit for tax years 2014 and beyond. For information about State-based SHOPs participating in the direct enrollment process, such as the one adopted by federally-facilitated SHOP Marketplaces, see the Centers for Medicare Medicaid Services (CMS) FAQs about flexibilities for State-based SHOP direct enrollment.

How do you claim the credit?

You must use Form 8941, Credit for Small Employer Health Insurance Premiums, to calculate the credit. For detailed information on filling out this form, see the Instructions for Form 8941.

If you are a small business, include the amount as part of the general business credit on your income tax return.

If you are a tax-exempt organization, include the amount on line 44f of the Form 990-T, Exempt Organization Business Income Tax Return. You must file the Form 990-T in order to claim the credit, even if you don’t ordinarily do so.


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Small Business Health Insurance, Insurance for Employers #business #printers


#business health insurance

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“Humana” is the brand name for plans, products, and services provided by one or more of the subsidiaries and affiliate companies of Humana Inc. (“Humana Entities”). Plans, products, and services are solely and only provided by one or more Humana Entities specified on the plan, product, or service contract, not Humana Inc. Not all plans, products, and services are available in each state.

Humana individual medical plans are insured by Humana Insurance Company, Humana Health Plan, Inc. Humana Health Insurance Company of Florida, Inc. or Humana Health Benefit Plan of Louisiana, Inc. or offered by Humana Employers Health Plan of Georgia, Inc. Humana Medical Plan, Inc. Humana Health Plan, Inc. Humana Health Plan of Texas, Inc. Humana Medical Plan of Michigan, Inc. Humana Health Plan of Ohio, Inc. or Humana Medical Plan of Utah, Inc. For Arizona residents, plans are insured by Humana Insurance Company or offered by Humana Health Plan, Inc. For Texas residents, plans are insured by Humana Insurance Company or offered by Humana Health Plan of Texas, Inc. These companies are Qualified Health Plan Issuers in the Health Insurance Marketplace, kynect, or Connect for Health Colorado.

Humana group medical plans are offered by Humana Medical Plan, Inc. Humana Employers Health Plan of Georgia, Inc. Humana Health Plan, Inc. Humana Health Benefit Plan of Louisiana, Inc. Humana Health Plan of Ohio, Inc. Humana Health Plans of Puerto Rico, Inc. License # 00235-0008, Humana Wisconsin Health Organization Insurance Corporation, or Humana Health Plan of Texas, Inc. – A Health Maintenance Organization, or insured by Humana Health Insurance Company of Florida, Inc. Humana Health Plan, Inc. Humana Health Benefit Plan of Louisiana, Inc. Humana Insurance Company, Humana Insurance Company of Kentucky, or Humana Insurance of Puerto Rico, Inc. License # 00187-0009, or administered by Humana Insurance Company or Humana Health Plan, Inc. For Arizona residents, plans are offered by Humana Health Plan, Inc. or insured by Humana Insurance Company. Administered by Humana Insurance Company.

HumanaVitality is not an insurance product.

Humana individual dental plans are insured or offered by Humana Insurance Company, HumanaDental Insurance Company, Humana Insurance Company of New York, The Dental Concern, Inc. CompBenefits Insurance Company, CompBenefits Company, CompBenefits Dental, Inc. Humana Employers Health Plan of Georgia, Inc. Humana Health Benefit Plan of Louisiana, Inc. or DentiCare, Inc. (DBA CompBenefits). Discount plans are offered by HumanaDental Insurance Company, Humana Insurance Company, or Texas Dental Plans, Inc.

Humana group dental plans are offered by Humana Insurance Company, HumanaDental Insurance Company, Humana Insurance Company of New York, Humana Health Benefit Plan of Louisiana, The Dental Concern, Inc. Humana Medical Plan of Utah, CompBenefits Company, CompBenefits Insurance Company, CompBenefits Dental, Inc. Humana Employers Health Plan of Georgia, Inc. or DentiCare, Inc. (DBA CompBenefits).

Humana individual vision plans are insured by Humana Insurance Company, The Dental Concern, Inc. or Humana Insurance Company of New York.

Humana group vision plans are offered by Humana Insurance Company, HumanaDental Insurance Company, Humana Health Benefit Plan of Louisiana, Humana Insurance Company of Kentucky, Humana Insurance Company of New York, CompBenefits Insurance Company, CompBenefits Company, or The Dental Concern, Inc.

Life and Supplemental Plans

Humana individual Life, Cash Cancer, Critical Illness, Hospital Indemnity, Memorial Fund, Junior Estate Builder and Accident plans are insured by Humana Insurance Company, Humana Insurance Company of Kentucky, Humana Health Insurance Company of Florida, Inc. or Kanawha Insurance Company.

Humana group life plans are offered by Humana Insurance Company, Humana Insurance Company of Kentucky, or Kanawha Insurance Company.

Long Term Disability and Short Term Disability

Humana long term disability and short term disability plans are offered by Kanawha Insurance Company or Humana Insurance Company.

Workplace Voluntary Benefits

Humana Cancer, Critical Illness, Accident, Hospital Indemnity, Life and Disability Income plans are insured by Humana Insurance Company, Kanawha Insurance Company, or Humana Insurance Company of New York.

Please click here to view a complete list of the legal entities that offer, underwrite, administer or insure insurance products and services.

Limitations and exclusions

Our health benefit plans, dental plans, vision plans, life and supplemental plans, workplace voluntary benefit products, long term disability plans, and short term disability plans have exclusions, limitations, and terms under which the coverage may be continued in force or discontinued. Our dental plans, vision plans, life and supplemental plans, workplace voluntary benefit products, long term disability plans, and short term disability plans may also have waiting periods. For costs and complete details of coverage, call or write Humana or your Humana insurance agent or broker.

Individual applications are subject to eligibility requirements.

Before applying for group coverage, please refer to the pre-enrollment disclosures for a description of plan provisions which may exclude, limit, reduce, modify or terminate your coverage. The plan provisions are available here or through your sales representative.

For group plans, please refer to your Benefit Plan Document (Certificate of Coverage/Insurance or Summary Plan Description) for more information on the company providing your benefits.

Statements in languages other than English contained in the advertisement do not necessarily reflect the exact contents of the policy written in English, because of possible linguistic differences. In the event of a dispute, the policy as written in English is considered the controlling authority.


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Business Health Insurance Solutions #fox #news #business


#business health insurance

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Products Designed for the Size of your Business

Individual and family medical and dental insurance plans are insured by Cigna Health and Life Insurance Company (CHLIC). In Arizona, individual HMO plans are insured by Cigna HealthCare of Arizona, Inc. Group health insurance and health benefit plans are insured or administered by CHLIC, Connecticut General Life Insurance Company (CGLIC), or their affiliates (see a listing of the legal entities that insure or administer group HMO, dental HMO, and other products or services in your state). Group Universal Life (GUL) insurance plans are insured by CGLIC. Life (other than GUL), accident, critical illness, hospital indemnity, and disability plans are insured or administered by Life Insurance Company of North America, except in NY, where insured plans are offered by Cigna Life Insurance Company of New York. All insurance policies and group benefit plans contain exclusions and limitations. For availability, costs and complete details of coverage, contact a licensed agent or Cigna sales representative. This website is not intended for residents of New Mexico.

Selecting these links will take you away from Cigna.com. Cigna does not control the linked sites’ content or links. Details

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International Public Health – Sydney School of Public Health – The University of Sydney

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The University of Sydney – Sydney School of Public Health

International Public Health

The Master of International Public Health focuses on improving health outcomes in developing countries. This course will teach you how to apply public health principles in some of the most challenging and demanding conditions in the world.

Why study international public health with us?

  • You will have the opportunity to undertake national and international placements and apply knowledge learnt in class to real world projects with location based organisations
  • Students learn how to apply public health principles to disadvantaged countries and communities
  • This course is taught by highly experienced academic staff who have worked internationally in countries such as Bangladesh, China, Indonesia, Myanmar, Vietnam, Kenya, Tanzania and Uganda
  • You will be part of teams and involved in projects that are making a real difference in disadvantaged international communities
  • You can tailor your study schedule around your lifestyle and other commitments with our flexible study options, ideal for full-time workers.

Who should study this course?

Medical and non-medical graduates that are passionate about improving the health outcomes of the lives of people living in developing countries.

Graduate opportunities

The course provides advanced postgraduate training for students who intend to pursue a career in the field of public health, including research, in-field and policy positions at government ministries, non-government organisations, academic institutions or research centres, both nationally and internationally.

Course options

Additional information

  • Face-to-face, online or blended learning opportunities
  • One year full-time and part-time options available
  • Short course/personal development options – enrol in a normal unit of study without a Masters or Graduate Diploma to improve your skills in public health.

Meet our alumni

Dr Margaret Harris
Senior Scientific Writer, World Health Organization (WHO)

I returned to the university to further my expertise in the disciplines of health risk communications, advocacy and health promotion. The diversity of studying the Masters of International Public Health made it a highly stimulating and fulfilling year for me. I learned so much from my fellow students, and lessons I continue to find useful in my current work.”

Amy Simpson
Public Health Coordinator, International SOS

I enjoyed studying with fellow international students, the brightest among their professional fields from all over the world. The teaching staff all has very prolific careers and brought a vast array of experience and real-life examples to learn from. The alumni network also helped me find out about global career opportunities.

Dr Greg Fox
Senior Lecturer in Respiratory Medicine, Sydney Medical School
Tuberculosis Researcher, Woolcock Institute

“When I finished the Master of International Public Health, I moved to Vietnam and worked on a collaborative project between the University of Sydney and the National Tuberculosis Program to enhance detection of tuberculosis.

One of the strengths of the course is the diversity of the students. There are people from health and non-health backgrounds, and they brought who whole range of different perspectives to our discussions.

I hope to continue to work alongside our colleagues in Vietnam and other countries to try and transfer skills and research and to build the capacity of doctors to answer their own questions.”


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Health Insurance in India still remains an untapped market #china, #russia, #health, #south #africa,

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Health Insurance in India still remains an untapped market

In a country where less than 15 per cent of population has some form of health insurance coverage, the potential for the health insurance segment remains high. It seems that there is an urgent need to ramp up the health insurance coverage in the country as out-of-pocket payments are still among the highest in the world.

Furthermore, according to the statistics of the World Health Organization (WHO), in 2011, India has spent only 3.9 per cent of gross domestic product (GDP) on the health sector which is the lowest amongst the BRICS (Brazil, Russia, India, China, South Africa) member countries pack.

Moreover, amongst the BRICS nations, in 2011, Russia s out-of-pocket expenses stood highest at 87.9 per cent closely followed by India (86 per cent), China (78.8 per cent), Brazil (57.8 per cent), and South Africa (13.8 per cent). On the other hand, these expenses in developed economies of US and UK were comfortably poised at 20.9 per cent and 53.1 per cent respectively.

High out-of-pocket expense is exactly the reflection of low health insurance coverage in India. Sudip Bandyopadhyay, President, Destimoney Securities, opined, We don t have the insurance to cover and thus we end up paying from our own pockets. Once the penetration of health insurance increases, out of pocket payments will come down. In US and all, health insurance coverage is around 80 per cent.

Reasoning out the low health insurance coverage in India, Antony Jacob, CEO, Apollo Munich Health Insurance, said, Only about 12-13 per cent of population has some form of health insurance coverage, including those who are covered through some form of government schemes. People are yet to accept health insurance as a financial tool for medical emergencies. They usually procrastinate when it comes to buying health insurance unless they are faced by a challenging situation.

Although the Indian health insurance market still lags behind other countries in terms of penetration yet the health insurance segment is rising. It continues to be one of the most rapidly growing sectors in the Indian insurance industry with gross written premiums for health insurance increased by 16 per cent from Rs 13,212 crore in 2011-12 to Rs 15,341 crore in 2012-13. The health insurance premium has registered a compounded annual growth rate (CAGR) of 32 per cent for the past eight financial years.

Health insurance segment still remains an unexplored territory in India. Jacob at Apollo Munich Health Insurance asserted, Health insurance has become one of the most prominent segments in the insurance space today and is expected to grow significantly in the next few years. As spending on healthcare in India is expected to double in a couple of years, we believe that health insurance will eventually become the biggest contributor in the non-life segment.

Furthermore, in the present scenario, the health insurance industry is dominated by four public sector entities (National, New India, Oriental, and United India) that together have 60 per cent market share. The rest of the share is with 17 private sector players, of which four are standalone health insurance players (Star Health, Apollo Munich, Max Bupa, and Religare Health). ICICI Lombard continued to be the largest private sector non-life insurance company, with market share of 9.74 per cent.

Standalone health insurers have got a boost by the move taken by Insurance Regulatory and Development Authority (IRDA) in early 2013. Bandyopadhyay averred, Few months back, IRDA has classified health insurance as a separate category and has permitted the insurers to tie-up with banks. All the four exclusive health insurance companies will be tying with the banks across the country and that will help them to move to the next level. The penetration of health insurance is now expected to increase with banks pushing for it through bancassurance tie-up.


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Resumes, CVs, and Cover Letters #public #health #graduate #schools


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Resumes, CVs, and Cover Letters

Resumes and CVs

The purpose of your resume or CV (Curriculum Vitae) is to obtain an interview, but it s a good idea to update your resume or CV every six months or whenever you complete an experience.

What is the difference between a resume and a CV?

  • A CV is typically longer in length and is needed when applying for positions in medicine, academia, or a scientific profession.
  • A resume is typically one or two pages in length and is used to apply for all other types of positions.
  • Most MPH students will need a resume for their careers.
  • A CV is common for Ph.D. students, professors, and medical doctors. A CV includes a list of publications and presentations.

To get started creating or updating your resume, view these resources:

For more help or to determine if you should use a resume or CV, review these slides from the NIH Office of Intramural Training Education presentation titled Job Search Documents for Professional Scientists.

Ph.D. students interested in faculty positions should review the University of Miami Graduate School Preparing Future Faculty Guide.

Cover Letters

Sometimes you will need to submit a cover letter with your resume or CV. A cover tells an employer what position you are applying for, why you are interested in the position and the organization, and what relevant skills, experience, and education you can bring to the position.

Tips for writing a strong cover letter:

  • Follow standard business letter format. Align everything to the left, do not indent, set the format to single space, and double space between paragraphs.
  • Address your letter to a specific person (Mr. Ms. or Dr.). Review the organization s website to find out who the supervisor of the position is and address the letter to him or her.
  • Write a new cover letter for each position you apply to. Avoid sending the same letter to multiple employers.
  • Look at the job description of the position. Highlight required qualifications listed and the job duties. In the second paragraph of your cover letter, highlight the skills you possess that the employer wants.
  • The cover letter should provide new content that is not as easily available on your resume or CV. The cover letter is an opportunity to tell the employer why you want to work at their organization and why you are a good fit for the position.

Cover Letter Resources


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Queens Gateway to Health Sciences Secondary School – Mashpedia Free Video Encyclopedia #queens #gateway

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Queens Gateway to Health Sciences Secondary School is a school in the borough of Queens, New York which places emphasis on the health sciences. The school serves grades 6–12. It has recently been ranked the 34th best high school in the city of New York and is consistently given a silver medal by U.S. News for the quality of learning taught there.

Special Programs [ edit ]

Programs which are college and career oriented include College Now, GEAR-UP, After School, Advanced Placement Courses, Accelerated Mathematics\Science.

Partnerships [ edit ]

The school has partnerships with Mt. Sinai School of Medicine, Gateway Institute, Queens Hospital Center, York College, Queens College, and St. John’s University.

History [ edit ]

The school moved to a new building for the 2010–11 school year. The new building is located at 160-20 Goethals Avenue and has many new features. The school has a DNA lab as well as a library. The Rugby team named Gateway Gladiators is a new addition recently granted by PSAL. It was also granted Girls Cross Country and Co-ed Track Field in the 2011–12 year. The students wish to have sport such as basketball, volleyball, wrestling, and tennis in the near future. The school focuses on the health and medical fields, but offers its students opportunities in whatever field they are most interested in. The school has welcomed 6th graders in the 2011–12 school year.

Middle School [ edit ]

The middle school students are welcome to participate in the CHAMPS program (Cooperative, Healthy, Active, Motivated, Positive Students).

References [ edit ]

External links [ edit ]

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