Employers have been wonderful in helping their employees during this time of national crisis. Many organizations decided to pay the full premium for group health insurance, which gave their hard-working staff some relief from financial obligations. It's good to see employers who really care about their employees.
These are not easy times for anyone. Medical conditions can put a significant strain on a person's budget. Deductions and copayments on major medical treatments can cost thousands of dollars. The cost can drive a person's anxiety through the roof.
An employer can provide outstanding assistance to anyone facing large medical debts. Nationwide prepaid legal services have a financial wellness plan that includes an option that helps people who have problems with their medical bills.
Help with medical debt
Attention is focused on the coronavirus, but cardiovascular problems and degenerative diseases can result in significant medical bills. Sometimes a person panics and tries to pay off the full amount, leading to major financial health problems.
Countrywide has a nationwide network of certified advisors who deal with financial issues on a daily basis. The counselors are aware of how stressful medical bills can be and they provide the expertise required to end any confusion.
Budget analysis reveals cash
Some employees have little idea about budgeting. They lived from paycheck to paycheck and are not aware of the bills. The country adviser makes a budget analysis to determine the cash flow. This professional will identify areas where a small adjustment can free up cash for medical bills. The advisor can also suggest some changes, such as electronic payments, that will make it easier to pay the bills.
Many people do not know this, but medical providers are flexible. The healthcare industry is more concerned about getting the bills paid and the hospitals and treatment centers are willing to work with a patient.
Nationwide advisors can provide some ideas on how to negotiate affordable monthly payments. This helps to maintain financial well-being and fulfills the debt obligations at the same time. The counselor can also give suggestions on how to keep medical bills under control, for example that you do not seek treatment outside a supplier network.
The employer has significant contributions
Our benefit covers other areas, including the payment of university debts. Nationwide wants to provide as much service to as many employees as possible, but we need a little help in doing so. We ask employers to tell us what financial benefits will be in the overall plan. We explain our options carefully, but we will not market one advantage over another. What the employer wants in its unique benefit will be provided.
Nationwide administrative process is deliberately streamlined to quickly and efficiently provide services to a member of financial health care. No one should wait an unreasonable amount of time for help.
Emotional intelligence plays a role
People get nervous about finances. They do not want to appear as exciting idiots who do not understand money. Nobody wants to look stupid and Countrywide will not make anyone feel stupid. We recruit advisors based on financial expertise and emotional intelligence. They must have empathy to calm a person and help solve a problem. We promise that our counselor will not preach a sermon but end a question instead. Our attention to the human side of our plan members is a cornerstone of our membership services.
Consideration for employers cares deeply about our work. It is more than just keeping them productive but also letting them know that their needs are being addressed. Medical debt is a significant concern, and an employer can relieve the headache by offering a financial wellness plan that employees can use. That's exactly what Countrywide has to offer.
Please contact us when you are interested in our benefits. Nationwide is happy to answer all questions and explain each benefit. We believe we can provide an excellent financial benefit to your employees.