For quite some time now, every company, whether in the private or public sector, has had to provide its employees with a compulsory health insurance scheme. It is therefore necessary for everyone to know the reasons for this. Here is some information that you can benefit from.
What is a company health insurance scheme?
A mutual health insurance company is an insurance scheme set up to help cover health expenses not included in the supplementary health guarantees provided by all legislation, giving everyone protection against certain risks related to living conditions in society. As a result, it allows you to benefit from a full or partial reimbursement of your medical care during the year by signing a contract.
However, it should be noted that there are various health insurance guarantees which are not necessarily considered to be mutual heakth guarantees because they have a profit-making purpose. In addition, a company health insurance policy, unlike other complementary health insurance policies, does not have a profit-making purpose. So, if you want to get more information on the subject, you can do further research online.
Why is a health insurance scheme compulsory in companies?
There are several reasons why company health insurance is compulsory. Firstly, it allows you to cover all your medical expenses. Secondly, it gives you the opportunity to guarantee the health protection of every individual working in a company. In addition, every manager of a company has a duty to help by giving at least half of the sum paid out from the participation of each employee in that company as health cover for everyone.
The benefits and drawbacks of a company health insurance scheme
As a compulsory scheme for every company, there are both advantages and disadvantages to a company health insurance that should not be overlooked. The advantage is that everyone can benefit from subscribing to it. For example, it allows everyone to have complementary health care or full or partial reimbursement of minimum care if the company does not have access to health insurance.
Similarly, it guarantees coverage for one’s family members, such as spouse, children, etc., in the event of a health problem, depending on the duration of the contract signed with the company. However, despite these advantages, a company health insurance scheme also has its drawbacks. These include: its inability to adapt to certain care and/or special needs; the amount invested by the company is deducted from your income tax; etc.