Malvern Group Health Insurance & Employee Benefits Plans

Malvern is an important economic hub in Arkansas. Although the community has just over 10,000 residents, it has a long tradition in manufacturing and is even known as “The Brick Capital of the World” because of its brick manufacturing industry.

However, there are other industries that contribute to Malvern’s economy, and business owners understand just how important productivity is. These companies may add group health insurance to their benefits program in order to increase their recruiting capability and contribute to their workers’ overall productivity and satisfaction.

Group Health Insurance and Employee Benefits

Although employer-sponsored health insurance has a significant cost, employers can benefit from the decision to include it. Also, many share the premium expense with their subscribers and offset some of the balance with tax deductions. For the average employee, it’s the most attractive benefit, so they place a high value on its availability.

What to Look For In an Insurance Provider

When you make the decision to provide group health insurance for your workers, the next step is finding the right policy from a suitable insurance company. That’s not a simple task. There are scores of potential insurance providers, and the number of different products and policies is tremendous. As you do the research, keep these considerations in mind:

• Choose an insurer with a favorable reputation in the industry. Pay attention to their claims processing systems and customer service approach.
• Check that the insurer has adequate financial resources. Some insurance companies may be disrupted by large claims.
• Evaluate the breadth of the provider network if offering a PPO or HMO structure. Your employees will expect access to the best doctors and hospitals in Malvern.

Benefits of Working with an Insurance Broker

If you are hesitant to take on the challenge of choosing the right insurance company, consider engaging an independent insurance broker like Taylor Benefits Insurance to help with the job. An independent broker can save you time and money in your search for an ideal insurance program.

Brokers are insurance experts. That means they can quickly cut through the noise and evaluate the most promising options for your benefits package. Brokers can identify the products that will appeal to your workforce demographic and help negotiate lower rates for the policies you want.

Call 800-903-6066 for a free consultation about Malvern Group Health Insurance and Employee Benefits Plans.