Golden Group Health Insurance & Employee Benefits Plans

Golden, CO, is located in the foothills of the Rocky Mountains, west of Denver. Golden got its name from its origin as a gold rush town and currently has 19,000 residents. This beautiful community is an easy commute from Denver, offering ample employment options to the local workers. In a tight labor market, businesses need to find a way to enhance their appeal to potential employees. One of the best ways is to include group health insurance in your benefits program.

Group Health Insurance and Employee Benefits

As is the case elsewhere, workers in Golden prefer to get their health insurance from an employer rather than buying an individual plan. The reason is the advantage that employer-sponsored insurance offers for both price and coverage.

Some employers hesitate to provide insurance because it is a costly benefit, and small companies aren’t required to include it. Still, many companies find that the investment pays off. They have a recruiting advantage, lower turnover, and often more productive workers as well.

What to Look For In an Insurance Provider

Another challenge for companies interested in adding group health insurance to their benefits plan is the need to identify an insurance provider and choose a policy. That’s a complex process, and it’s up to you to sort through all the insurance companies’ marketing claims. As you do, keep these important elements in mind:

• Look for an insurer that is financially stable, with resources to meet its obligations.
• Choose a company with a great approach to customer service and an efficient claims processing system.
• It’s best to identify a provider with a positive reputation in the industry.
• If you are offering an HMO or PPO policy, check that the network includes the providers that are in demand.

Benefits of Working with an Insurance Broker

If that seems like a task you aren’t prepared to take on, consider working with an independent insurance broker like Taylor Benefits Insurance. Brokers bring elevated value to your search for a suitable insurer. In almost every case, working with a broker will help you save time, money, and stress. Here’s why:

• Brokers are insurance experts. They already understand the lingo and know what questions to ask.
• Brokers are not affiliated with insurance providers, so they are not obligated to promote specific insurance products. Instead, they can make genuine recommendations based on what’s important to you.