There is one thing that businesses can do to increase the interest of those seeking a job within the same industry. That is by offering a cheap yet comprehensive group health insurance plan. This also helps to increase the morale in the work environment and the longevity of your employees’ stay with your business. While there are many advantages for businesses that offer group health insuranceRead more
For decades, insurance agencies have designed their group health and benefit plans for businesses according to group size. There are health insurance plans designed for both small and large businesses. The group size of a business is usually state mandated and the insurance laws will also vary according to state. In most cases, a business with 50 or less employees is considered small in size. Some states consider a business with 100 or more employees as large, meaningRead more
The size of your business is determined in a couple ways. In regards to insurance plans, your business is split by group size. The group size of a business is set by the state it’s located in as well as the insurance industry. This helps insurance agencies fulfill the needs of businesses better so that all hard working, full-time employees receive fair, affordable and satisfactory care for them and their families.
DOL Issues Final Regulations on Association Health Plans Issue: Association Health Plan Regulations Action Taken: On June 19th, 2018 the Department of Labor (DOL) issued, in final form, a regulation intended to facilitate the formation of Association Health Plans (AHPs). Background: As the Department has stated, the purpose of the regulation is to facilitate the ability of small employers – including sole proprietors - to form or join an AHP to obtain health insurance coverage in the large group market. TheRead more
It is a common characteristic of qualified persons seeking employment to look for a job that offers affordable yet flexible group medical insurance to all their full-time employees. This is one of the absolute best and most effective ways to remain a competitive business in your industry and geographical area. The high demand for reasonable health insurance is always a concern for employees and citizens of the U.S. especially with the constant changes made to the healthRead more
Your deep concern for the happiness and well-being of your employees will show when you offer them a way to access affordable healthcare and medical attention as necessary. Believe it or not, affordable health insurance is one of the most demanding needs of all experienced, qualified individuals seeking employment with a new company. It’s easy to create a group health insurance plan that stands out from your competitors’ especially if you go through a licensed broker for help.
When it’s time for a business to consider buying group health insurance plans, the cost is usually the first thing that comes to mind. Affordable business health insurance is something that nearly everyone seeks. As a small or large business, it is wise to provide your employees with quality yet reasonable health insurance options. Delivering a low cost group health plan with unique benefits and reliable coverage is one of the most recommended methods for businesses toRead more
A business looking to buy group health insurance must realize all that is involved with providing adequate health coverage and employee benefits. Not only must the plan appeal to those currently employed but it must attract other qualified individuals. Your group health plan must also obey all local, state and federal laws regardless of any changes made to the health care reform. The requirements that your plan must meet are set to help encourage the affordability and qualityRead more
As a small or large business owner, you know the importance of staying above your competition. Offering your full-time employees the best and cheapest group health insurance plans is the key to your success. A company that offers a unique and all-encompassing group health plan will find that it’s easier to retain and attract qualified employees. This also leads to a significant decrease in the costs of hiring and training new employees. Offering the best group healthRead more
Any small or large business greatly benefits from the right group health plan. In fact, one of the biggest secrets of successful businesses is their ability to offer their employees a flexible and affordable group health insurance plan. Once you have a plan that appeals to those working for you and attracts other qualified individuals, you’ll notice other positive changes in your company. Some of the advantages of a group health insurance plan include:
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