Florham Park Group Health Insurance & Employee Benefit Plans

Employers in New Jersey have come to appreciate the importance of providing group health insurance to their employees. It keeps their businesses competitive while taking care of the health expenses of their staff. Florham Park is the headquarters of the New York Jets. It is also home to the world’s largest chemical company, BASF, and a melting plant.

Group Health Insurance and Employee Benefits

Even though the cost of providing group health insurance is high, it has benefits which cannot be overlooked. Employers are able to get the group health insurance premiums at cheaper rates. Group health insurance is a great way to sustain a workforce that is productive, healthier and contented. Additionally, employees save on their income as their families are also covered. Employee benefits are a great way to promote a feeling of community among your staff. Moreover, your company is viewed favorably as an employer of choice, therefore, you will be able to recruit and retain the best employees.

What to Look for in an Insurance Provider

While the price of an insurance provider is an important factor to consider, it is not the main determinant of the choice of an insurance provider for your needs. Other factors which you should consider include:

• Innovative products – A good insurance provider should not just offer traditional products, which can be termed as general. Make sure that they have products which are tailored to satisfy your unique needs.
• Discounts – Some insurance plans attract certain discounts, therefore, find out if there are available discounts for your type of coverage.
• Licensing – Ensure that the insurance provider you work with is licensed by your state.
• Reputation – Check online reviews and ratings to see how reputable the company is. Look into facts like the claims process and their relationship with their clients, among others.

Benefits of Working with an Insurance Broker

Working with an insurance broker will ensure that you get the right level of cover fast. They understand the insurance market very well and they will compare the available options. Some of the benefits of an insurance broker include:

• Expertise- They have detailed expertise, which ensures that they analyze your needs to understand them so that they craft an insurance plan that best suits you.
• Personalized service – They offer personalized service and once you engage them a client manger is assigned to you. They communicate face-to-face, online, through calls and text messages.
• Privacy – Working with insurance brokers is quite safe since your discussions are not disclosed. They are governed by a code of ethics.
• Pricing – The rates of an insurance broker are quite attractive. They are able to compare prices from different insurers to select the best for you.