Marion, AR, is part of the Memphis metropolitan area, as it is close to the Arkansas-Tennessee border. With over 12,000 residents, Marion enjoys access to the recreational activities of the nearby Mississippi River.
Since residents of Marion can commute to Memphis, local companies must try a little harder to recruit them. One excellent recruiting tool is to add group health insurance to the employee benefits package. Most workers prioritize access to sponsored health insurance because it offers better coverage at a lower price than an individual policy.
Group Health Insurance and Employee Benefits
Companies that provide health insurance and other robust employee benefits often discover that the approach helps with recruiting, retention, and employee satisfaction. All of these are vital to your organization’s success.
While health insurance is a costly benefit, you can recoup some of the expense using tax deductions and you may also offset some of the cost with lower recruiting and training expenses. Finally, most employers share the premium cost with their employees, so it’s a win-win for everyone.
What to Look For In an Insurance Provider
Finding the right insurance provider for your employee benefits can be an overwhelming task. This is especially true when you take into account the fact that there are numerous providers promising to give you the best plan. Since you are not an insurance expert and you are also busy running your business, sorting through all the competing claims can be challenging. some of the factors to keep in mind during the search are these:
- Select an insurance company with a positive reputation both in the industry and in Marion. Evaluate their claims processing speed and systems as well as their approach to customer service. Your employees will expect prompt responses to their inquiries and reliable claims reimbursement as well.
- Some insurance companies may be disrupted by a large spike in claims, so ensure that the insurer has adequate financial resources.
- Consider the provider network if your program includes a PPO or HMO structure. Your employees will expect access to the best doctors and hospitals in Marion.
Benefits of Working with an Insurance Broker
If the idea of choosing the right insurance company or products for your benefits package makes you nervous, that’s probably because you are not an insurance expert and you are busy running a company. Instead of losing sleep, consider working with an independent insurance broker like Taylor Benefits Insurance.
Partnering with a broker will save you time and money. Brokers like Taylor Benefits are not affiliated with insurance companies. That means we recommend what we think is best for you. We don’t have to push particular products, and we don’t. Our consultants take the time to get to know your company, including your goals and budget. Then they will design a custom program that will satisfy your employees without stressing your financial health.
Call 800-903-6066 for a free consultation about Group Health Insurance and Employee Benefits Plans.
