Fruita Group Health Insurance & Employee Benefits Plans

Health Insurance and Employee Benefits

Even though it’s expensive, offering group health insurance has many benefits for the employer as well as the worker. Including health insurance in the program is a good way of finding and retaining highly qualified staff, which gives you a competitive advantage. It also cuts back on the cost of having to recruit frequently. Respected studies also show that workers with health insurance are more productive than those without.

Group health insurance sends a strong message that you care about the well-being of your employees. While the premium costs are high, most companies can recoup some of the cost using tax deductions and by sharing the cost with the subscribers.

What to Look for in an Insurance Provider

Once you decide to move forward with adding health insurance to your benefits package, you face another decision, also a tough one: identifying the best insurance company to provide the policies. As you look at the prospects, consider these essential characteristics:

• Financial stability
• Industry reputation
• Customer service
• Claims processing system
• Provider network

Benefits of Working with an Insurance Broker

This project is definitely going to require a lot of time and effort, which could be a concern since you are already busy running a business. Fortunately, there is a great alternative to doing the work on your own. You can work with an independent insurance broker like Taylor Benefits Insurance. Brokers often make the task of choosing an insurer much easier and also help you save money.

Brokers already know the insurance business, so they can help guide you toward the options that make sense for your company. Because brokers are not affiliated with insurance companies, they aren’t obligated to promote specific products. Instead, they can make unbiased, informed recommendations based on what would be best for your organization.