Employers in Concord, CA, can significantly enhance their appeal to workers if they provide a robust employee benefits package along with competitive pay. The area enjoys a tight labor market, in which workers have ample options for choosing an employer.
Employees prefer health insurance from an employer because it gives them better coverage at a lower price when compared to an individual policy.
Smaller businesses are exempt from the requirement to provide health insurance for their workers, but many recognize the value of doing so. Studies consistently show that employees with employer-sponsored health insurance are less stressed, more productive, and more likely to remain with their employer.
The increase in recruiting success and reduction in turnover can make health insurance a good bargain for the business while also contributing to your employees’ well-being and stability.
Once you’ve decided to offer group health insurance to your employees, the next challenge is identifying the most suitable insurance policy from a compatible provider. This task is not simple, , given the multitude of potential insurance companies and the vast array of available products and policies. When conducting your research, remember to take the following factors into account:
If you are unsure about how to choose an insurance company, consider engaging an independent insurance broker like Taylor Benefits Insurance to help with the job. An independent broker can save you time, money, and stress in your search for an ideal insurance program.
Brokers are not allied with insurers, so they don’t have an obligation to promote specific policies. Instead, the broker will get to know your business so they can determine appropriate matches for your needs. Since brokers already know the industry, they can quickly guide you to optimal choices and help negotiate lower rates.
The group benefits and employee health insurance offerings we have available in Concord include:
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