Russellville Group Health Insurance & Employee Benefits Plans

In Russellville, AR, the 30,000 residents enjoy access to the recreational opportunities afforded by proximity to the Arkansas River and Lake Dardanelle in a scenic community south of the Ozarks. Residents have ample employment options, despite their distance from major urban areas like Little Rock and Tulsa. Employers seeking an advantage in hiring in Russellville may consider adding health insurance to their benefits program.

Group Health Insurance and Employee Benefits

Employer-sponsored health insurance is an effective recruiting tool because it usually gives workers access to better coverage for a lower premium than if they purchased an individual plan. With the high cost of health care, this benefit is a priority for many.

On the other hand, some companies hesitate to include coverage in their benefits package if they aren’t required to. The reason is also economic—health insurance is a costly benefit. However, many companies discover that the investment pays off with more successful recruiting and more loyal employees, resulting in reduced costs for filling positions and training new employees. Studies also show that employees with group health insurance are more productive.

What to Look for in an Insurance Provider

Once you decide to proceed with adding health insurance, the next big step is finding the best policy and provider for your business. There are lots of insurance companies, all making big promises about rates, coverage, and service. The hard part is sorting through the details to find one suitable for your organization. Some factors you may want to consider in your search are:

• Financial stability
• Industry reputation
• Customer service approach
• Claims Processing effectiveness
• Quality of provider network

These elements will impact your employees’ satisfaction with the insurance program and also affect how smoothly the operation runs for your HR department.

Benefits of Working with an Insurance Broker

Instead of devoting the significant time and effort it will take to tackle this project on your own, consider partnering with an independent insurance broker like Taylor Benefits Insurance. Brokers bring value to your search for an insurance policy and provider and will typically help you save both time and money. Here’s why:

• Brokers are not affiliated with insurance companies. That means we can offer unbiased recommendations about which products are the best match for your company.
• Brokers are insurance industry experts—we know which companies are reliable and which you may want to avoid.
• Broker services are free to you—we are compensated by the insurance companies after you choose a provider.
• Brokers understand the healthcare regulations that may apply to you, and we will ensure that your program complies with the ones that do apply.
• Brokers can negotiate better rates in many cases, enabling you to obtain reduced pricing.