A company offers health benefits and employees do not use the benefits?

Who in their right mind would refuse the benefits? While there may be many reasons, the number one reason is that employees can not afford the pay cuts. This is especially true with a lot of hourly employees who live from paycheck to paycheck and need to bring home every penny they make.

Risking the health of their families and potential financial ruin if someone falls ill is a state of many employees because they can not afford to offer health care company.

Employees who find themselves unable to pay the company-offered health plan may help in the Children’s Health Insurance Program (CHIP).

Many states offer programs that provide employee assistance with paying the cost of premiums for health care programs offered by their companies through Medicaid or CHIP. The employee must apply and will rule to be eligible for Medicaid or CHIP. Once eligibility is confirmed, he then has 60 days to request to join an employer plan.

The law requires most employers to notify their employees of their potential right to receive benefits earlier this year. Next year, all employers who offer health benefits would have to issue a notice about the program.

Rather than wait until next year to inform your employees about this program, will benefit all entrepreneurs to create and publish notice now.

Why? Burden of worrying about not having health care can reduce employee productivity. Employers should also be aware that good employees who can not afford health which is likely to leave the company for the benefit of cheaper offered by other employers. CHIP can help you from losing a valuable employee by providing affordable health care.