Introduction
Oil and Gas Industry Health Insurance
Oil, Gas, and Natural Resource operations are not normally found in the middle of major cities, unless they are the back office services. These businesses, and their workers, are often found in remote parts of the planet. From Drill sites in the desert, mining camps on mountains, and even offshore rigs, the employees working for Oil and Gas companies face a unique set of challenges when it comes to their health.
CCW Global is an expert in assisting Oil, Gas, and Mining companies with their global health insurance needs.
Overview
Understanding Oil Industry Health Insurance
Oil and Gas Health Insurance Customization
One of the biggest obstacles facing Oil, Gas, and Mining companies when it comes to the health insurance benefits they are offering employees is the fact that not every worker needs, or deserves, the same level of protection.
While a rig or extraction site worker may require inpatient protection and emergency evacuation cover a senior vice president at the company’s headquarters may be given additional outpatient, dental, or even maternity coverage befitting their higher status in the organization.
Under CCW’s corporate health insurance offerings Oil and Gas companies are able to tailor the benefits that they are offering to different categories, or classes, of workers. Junior employees and site workers can receive a lower, more appropriate level of protection, than their more senior counterparts.
This enables effective cost management for the policy and allows the company to more effectively manage its employee benefits budget.
Oil and Gas Emergency Evacuation Insurance
One of the major coverage benefits for many Oil and Gas health insurance plans is Emergency Evacuation protection.
Emergency Evacuation coverage under a group health insurance policy will enable workers to be evacuated to the nearest center of medical excellence in the event that necessary medical treatment is unavailable in their current location.
Whether this is an overland ambulance trip, or a more serious helicopter or plan evacuation, Emergency Evacuation ensures that workers who have suffered a serious accident or illness are able to receive the healthcare they need, no matter where in the world they may be. In some cases, workers who are receiving emergency evacuation protection through their group health insurance policy may even be repatriated back to their home country.
Oil and Gas Health Insurance Coverage
Outside of these two major concerns, there are a raft of additional coverage benefits which Oil and Gas companies can provide to their employees. There are also an array of tools that can be used to manage the policy more effectively and bring the overall premium under control in relation to operational budgets.
Some of the coverage benefits that can be added to an Oil and Gas Industry group health insurance plan include:
- Inpatient Medical Protection
- Outpatient Medical Protection
- Emergency Evacuation Coverage
- Dental Treatment
- Alternative Therapies and Complimentary Medicines
- Maternity Coverage
- Vaccinations and Preventative Healthcare
All of these benefits, and many more, can provide worldwide protection to workers under the auspices of a single international health insurance policy.
Furthermore, companies will have the ability to choose exactly where in the world employees are able to receive coverage, excluding high cost locations like the USA, and ensuring that the cost of the benefits being offered to workers does not exceed budget capacity. In addition to this, workers can also be given (or not given) deductibles and co-pays with which to contribute towards the costs of their own healthcare; this is also an effective tool towards managing the cost of a group health insurance policy.
Quotes
Free Oil and Gas Health Insurance Consultations
Group Health Insurance Plans for the Oil and Gas industry are infinitely customizable. If your company would like to enquire about the health insurance plans which best suit your future needs, or if you would like to benchmark your existing coverage against the market, please Contact Us to arrange a free no-risk, no-obligation consultation with one of our expert brokers today.
You can get more information about CCW Global, our team, and our quotation process by clicking About Us.
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