Premium Costs


Most employers in the U.S. do not think about this type of health insurance benefits until they realize that they need to lower their costs. This type of benefit is becoming increasingly popular, with many companies deciding to share premium costs with their employees. In addition to sharing costs, employers can also negotiate lower premiums with insurance providers, which can reduce overall costs. For example, most large companies pay 74 percent of family coverage premiums, while small employers pay 60 percent.


For example, using an outside verification service to verify employee eligibility can help to eliminate eligibility headaches. This service is often available through companies that offer electronic data interchange. These systems range from counter-top terminals to software integrated into practice management systems. In addition, many companies also offer online eligibility verification. Income-based cost-sharing works best when employers create several tiers based on pay. The goal is to create an equitable system and make the changeover as painless as possible for employees. However, if you implement the option, be sure to consider the impact on lower-paid employees.


The NFCU credit card phone insurance plan provides supplemental coverage for your phone in case of theft or damage. To file a claim, you must submit a police report within 48 hours. You can find detailed information on the credit card company’s website. You can also call customer support for assistance. These consultants can also advise employers on how to choose the right type of health plan for their employees.


There are a number of credit card companies that offer cell phone insurance. These companies generally offer protection for phones up to $600 in case of damage or theft. You can use these policies for more than one phone, if you want. Chase’s The Ink Business Preferred (r) Credit Card, for example, covers cell phones up to $600 and allows up to three claims per year, with a $100 deductible per claim.

phone insurance

Another credit card company that offers phone insurance is Navy Federal Credit Union. This credit union provides coverage as long as you charge your cell phone bill to your card.
If you miss a payment, your coverage is suspended. So you need to make sure you can make your payments on time. If you don't have the money to pay for coverage, don't get this credit card.
This credit card phone insurance program is designed to protect cell phones against theft and damage. The plan also covers accidental partsing. It may be offered as part of an extended warranty or as an add-on.

Wells Fargo

A Wells Fargo Student Rewards credit card phone protection feature lets you make a claim for any damaged or stolen cell phone. The policy covers up to $600 of repair or replacement costs. There is a $25 deductible and you can only make two claims per year. This coverage is a great way to protect your phone while traveling or if you get a new phone. You can even buy a separate insurance policy if you don’t want to pay a large premium. The difference is just under $1,000 per employee per year.