construction worker

Construction workers are less likely to have health insurance

Of the 20 professions least likely to have health insurance, 11 of them are in the construction industry, according to MarketWatch.

According to the Workers Defense Project report, they found that 40% of construction workers in Houston did not have health insurance, retirement savings, paid vacations, or sick leave.  They reported that 30% of workers did not receive breaks while working and the employers did not provide drinking water on the job sites.

Fifty seven percent of the workers earned less than $15 an hour.

This report sheds a light on the pay and conditions construction workers work with especially in the south.

The U.S. Department of Labor and Internal Revenue Service have requirements for independent contractors, and employers that misclassify employees as contract labor could face penalties from both agencies. Generally, independent contractors offer their services to the public. In addition, in an independent contract relationship, the employer has a say in the end product but not how the independent contractor achieves it, for example, by dictating hours spent on the job.

Cosmo insurance agency has experience providing group health insurance in New Jersey to businesses ranging in size from 2 to 5,000 individuals – all with the same creativity and personal attention that will take the headache off your human resources. We have particular expertise helping businesses navigate the complex Affordable Care Act regulations, which affect groups of over 50 or 100 employees, depending on the state.

Take advantage of our very wide range of conventional and unique group plans with highly competitive rates. Options include:

  • Conventional group insurance
  • Self-funded insurance plans for both small and large groups, offering premiums well below standard market rates
  • Insurance plans that refund to enrollees part of their unused premiums each year
  • HSA plans, which help you save on premiums and enables your money to grow

In addition, Cosmo clients benefit from our unparalleled customer service long after they’ve signed on the dotted line. We continue servicing you with claims, COBRA administration, billing, renewal, compliance, or anything else.





Posted 10:00 AM

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