Kingman Group Health Insurance & Employee Benefits Plans

Kingman, AZ, with a population of over 33,000, is a stop along historic Route 66 near the tri-state junction of Arizona, California, and Nevada. Workers in Kingman have employment options in Bullhead or Laughlin, which are nearby. Employers seeking an advantage in recruiting should consider adding group health insurance to their benefits package. Research demonstrates that workers often place insurance at the top of their preference list for benefits.

Group Health Insurance and Employee Benefits

Potential employees consider more than salary when they are evaluating new jobs—they want benefits as well. One of the most requested is group health insurance. The reason for the demand is that an employer-sponsored policy will typically cost less and offer more coverage than the individual can get on their own.

While some companies hesitate to include health insurance in their benefits package if they are compelled to do so, others find that the expense pays off in more effective recruiting, plus employees who are more productive and likely to stay.

Small companies may be eligible for tax advantages when they provide health insurance, and most share the cost with their subscribers.

What to Look For In an Insurance Provider

If you decide to include health insurance in your benefits package, the next step is to choose an insurance provider and a plan. This part of the process can be time-consuming and stressful. Selecting the right insurance company isn’t simple, but it’s crucial to make a good decision. Some of the elements to consider in evaluating the vendors are:

• The insurer’s reputation and financial resources. A lower price isn’t a good deal if the company can’t pay its bills or doesn’t have excellent service. Do some research and check with existing customers for a realistic review.
• The provider network. If the policy is a PPO or HMO structure, it’s important to determine whether your employees would have access to the most sought-after doctors and hospitals in the Kingman area.

Benefits of Working with an Insurance Broker

One option to consider is to engage an independent insurance broker like Taylor Benefits Insurance to help you select the most suitable insurer. Brokers offer several advantages for busy company owners or managers:

• A broker isn’t affiliated with specific insurance companies. They can recommend the provider that is the best match for your needs. The broker’s consultant will take the time to get to know your organization and then identify the most suitable vendors.
• A broker will negotiate rates that may save money for you and your subscribers.
• Brokers have extensive knowledge of insurance products, so they can answer your questions and explain the difference between policies and coverage.