Despite some resistance by employers, more and more companies are seeing the benefits of offering dental and vision care to employees. In addition, with more employees working from home, health and wellness are taking on a new perspective regarding health benefits, productivity, and the employer's ability to offer competitive employee benefit packages.
Employee Group Coverage – also known as employer-based coverage – is a health insurance plan offered by employers for the benefit of their employees. Many employers bundle supplemental plans such as dental, vision, and pharmacy coverage. Health insurance plans offered by small and large businesses are the most common way for employees to obtain coverage for themselves and their family. While group coverage for your employees may be costly – offering these benefits in lieu of high salaries may helpRead Full Article Here
If you’re a large employer researching group coverage for a valued worker population, your most important goal is to offer affordable benefits to better their health. As a large business – 51 plus employees – empathy toward the group’s health needs is very helpful in choosing the plan that is a good fit for workers and their families. This demonstrates to the group that you have their long-term health needs as an utmost priority when choosing the rightRead Full Article Here
Offering your employees the right type of health insurance benefits is no simple task to navigate, yet one that’s becoming increasingly more important for many companies across the country. Today, companies need to put more effort into the health insurance plans they offer employees to remain competitive in their field, attract new qualified talent, and motivate current employees. If you are now looking for new insurance plans, such as a large group health insurance POS plan, we at TaylorRead Full Article Here
Health insurance is becoming a necessity for many US companies to think about. In today’s climate, the employee benefits package is one of the first things potential and current employees consider, so when it comes to increasing employee retention and attracting new talent, large group health insurance plans are a top priority to improve. If you are now researching a new group plan for your employees, you might be understandably wondering how much it’s going to end up costingRead Full Article Here
If you’re weighing your options on what benefits to offer employees—the cost of group health insurance can leave you with a little sticker shock. The cost is high enough to at least make you question what the real value is of paying for this benefit. Let’s take a look at how different employees can use their group health coverage.
Once you’ve made the decision to offer group health insurance to your employees—either to satisfy a mandate or to boost your competitiveness in attracting talent, it’s time to start shopping. About half of the total US population is covered by group health insurance through employers, so you’re in good company. You should put together a benefits policy early on that identifies in writing who is—and is not eligible for group coverage. While you may have control over certain eligibilityRead Full Article Here
There are two main ways to buy private health insurance in the US—either through a group plan or as an individual. Group plans are a common benefit of employment. However, not everyone has access to participate in a group health insurance plan. Here, we’ll take a look at the key differences between group plans and individual coverage so that you can understand the real value of this benefit.
Offering all employees a comprehensive benefits package is one of the best things an employee can do to both motivate current employees and attract new talent to their doorstep. And opting for large group HMO plans can allow companies to remain competitive while still keeping their costs fairly low. However, navigating the intricacies of large group health insurance plans can be daunting. With more than 50 employees on your roster, it can be rather difficult to find a packageRead Full Article Here
As employers shop around for health insurance coverage options for their employees, it’s common to want to know the different strategies and their associated costs. When it comes to group health insurance costs from a small business owner’s perspective, the premium is typically the most important number to ponder. The premium refers to the payments that are made to the insurance company monthly to maintain coverage. Despite the fact that premiums have grown over time, the average cost ofRead Full Article Here
We’re ready to help! Call today: 800-903-6066