oDesk Makes Quality Health Insurance Available to Contractors, Job Seekers and Entrepreneurs

Tuesday, June 15, 2010 General News
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MENLO PARK, Calif., June 15 Contract workers now make up more than one-third of the U.S. workforce, and their ranks are growing at twice the rate of those that are traditionally employed. While contract work gives people the freedom to work when and where they want, it rarely comes with important employer benefits like health insurance. Starting today, oDesk, which connects employers with contractors globally, is making health insurance available to contractors, entrepreneurs, job seekers and anybody looking for an alternative to expiring COBRA benefits or costly individual plans.

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More than 90% of U.S. companies now use contract talent on a regular basis, a trend that is changing the way the world works. oDesk is the largest marketplace for online work and connects employers with hundreds of thousands of contractors with a wide variety of skills. The company is committed to supporting both companies and individuals in this new, emerging "contract economy," and access to affordable, quality health insurance is an important ingredient.

The company has negotiated pricing, plan offerings and an approval process that outstrip other plans generally available to individuals. Additional details can be found at www.odesk.com/benefits:

"The contract economy is 'the new normal' and models like oDesk are emerging to put much-needed structure, security, accountability and transparency in place for both employers and remote contractors," said oDesk CEO, Gary Swart. "By providing access to health coverage options, we're lowering a key barrier faced by many people that aspire to the freelance lifestyle, and enabling them to focus on building successful careers."

For more information about oDesk's health insurance options go to www.odesk.com/benefits or email getbenefits@odesk.com.

About oDesk

With more than 600,000 providers in over 150 countries, oDesk (www.oDesk.com) is the largest and fastest-growing marketplace for online work.

For buyers: Guaranteed work -- every hour billed is an hour worked. Screen captures of each provider's desktop taken at random intervals enable buyers to audit the hours and work completed so they have confidence every hour billed by a remote team member is an hour worked. This capability also enables the buyer to collaborate more closely and re-direct the provider if necessary, much like you do when you manage by walking around your office.

For providers: Guaranteed payment -- every hour worked is an hour paid, without the hassle of invoicing or slow-paying clients, making oDesk the preferred marketplace for professional contractors including software engineers, web developers, graphic designers, writers, researchers, administrators, and customer service agents.

Find oDesk on Facebook at: www.facebook.com/oDesk

Follow oDesk on Twitter at: www.twitter.com/oDesk

-- Wellness Plan - With an oDesk User ID, coverage issuance is guaranteed. There is an annual benefit limit of $20K -- Catastrophic Plan - Covers all costs after the first $10K and is designed to cover major medical care, including hospitalization -- Comprehensive Plan - Combines the Wellness Plan and $1M of catastrophic coverage for a more complete coverage option


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