Harrison Group Health Insurance & Employee Benefits Plans

The town of Harrison, AR, has approximately 13,000 residents, a number which hasn’t changed much in the last 30 or more years. Harrison is very near the state border with Missouri, and it is closer to the city of Springfield, MO than it is to Little Rock. Most working-age residents  (Harrison has a median age of 38) stay close to home for employment, so local employers can take advantage of the youthful labor pool.

One way for those businesses to attract the workers they need is by including group health insurance in the benefits program. Group health insurance offers a clear advantage for employees since it is typically cheaper while also providing better coverage when compared to an individual policy.

Group Health Insurance and Employee Benefits

Employee benefits are an important part of the overall compensation package. Typically, workers prioritize health insurance, retirement savings assistance, and paid time off. Each of these can be expensive for the business to sponsor, so small companies may hesitate to include them.

However, your business will likely reap a reward in the form of more loyal, more productive employees when you add health insurance to the program. Also, investigate the potential for tax deductions to return some of the outlay for insurance. Finally, many companies share the premium cost with their workers, making it more affordable.

What to Look For In an Insurance Provider

Choosing the right insurer to work with for your benefits can be intimidating. The decision requires a significant commitment to researching and assessing insurance companies and their product options. It’s a big task. It’s vital to select a reliable insurer that will provide great service and effective claims processing. Make sure that you select a company that has ample financial resources and a favorable industry reputation.

Benefits of Working with an Insurance Broker

You have a business to run and don’t have a lot of free time to investigate insurance companies. Still, you want to identify and contract with the most suitable provider and choose the best products for your organization. One great way to accomplish this is by partnering with an independent insurance broker like Taylor Benefits Insurance.

Brokers already know the industry and understand the product options. A broker can recommend appropriate policies for your benefits package. They aren’t affiliated with specific insurers, so they can make unbiased suggestions, even incorporating products from multiple vendors. Brokers are up-to-date with market trends and with regulations like the ACA, so they can ensure that your program meets the federal and local requirements.