Hope Group Health Insurance & Employee Benefits Plans

Hope, AR, is a small, slowly shrinking town of 8300 people in the southwest corner of Arkansas. It’s a rural area with no sizable cities within easy commuting distance. Residents here, as elsewhere, prioritize employment opportunities that include employee benefits like health insurance.

Group Health Insurance and Employee Benefits

As a business owner or manager in Hope, you have the means to obtain a competitive edge in recruiting if you add health insurance to your benefits program. Health insurance is routinely noted as one of the most wanted benefit options since it is a true money saver for workers.

On the other hand, some employers hesitate to add it to the benefits package due to the cost. Small companies aren’t obligated to offer insurance, but some do regardless.  The company can recoup some of the expenses by claiming tax deductions and will also save money on recruiting and training costs as turnover declines.

What to Look For In an Insurance Provider

Other companies avoid adding insurance to their benefits package because they are concerned about the task of choosing an insurance provider. That’s understandable because insurance is a complex topic, and you have a business to run.

However, as you move forward with your evaluation of insurance options, consider these characteristics of a good insurance company:

• Financial stability and resources
• Customer service
• Claims processing
• Industry reputation
• Network attributes

Benefits of Working with an Insurance Broker

Rather than devote considerable time and effort to the project of choosing an insurer, consider partnering with an independent insurance broker like Taylor Benefits Insurance. Engaging a broker can save you time, stress, and money and help you find the right mix of benefits and insurance options.

Since brokers are not affiliated with insurance companies, they don’t have to recommend certain products. Instead, the broker will get to know your company’s needs, goals, and financial constraints so they can design an ideal program for your team.

Brokers understand the industry and typically can guide you toward policies and insurers that will fit well in your organization. They are up to date on the market trends and changing regulations so they can offer informed solutions. Furthermore, a broker often can negotiate lower rates than you could get on your own.

Call 800-903-6066 for a free consultation about Group Health Insurance and Employee Benefits Plans for your business in Hope.