Saginaw Group Health Insurance & Employee Benefit Plans

Group Health Insurance and Employee Benefits

Offering group health insurance and employee benefits for your workers is one of the most valuable moves you can make. Employee benefits are not only designed to boost productivity but also contribute towards keeping a happier and healthier staff. Health insurance is the pillar of any solid group health insurance and employee benefit plan as your workers can have access to preventive, routine and emergency care whenever they need it. Consequently, you will record fewer cases of your employees requesting sick leave. Generally, a good employee benefit package will guarantee you increased productivity while minimizing employee turnover.

What to Look For In an Insurance Provider

Finding the right insurance provider is not always easy because there are hundreds of insurance providers promising to give you the best employee benefits plan. Thus, you need to know what to look for to distinguish the best provider. Some of the things to take into account include:

• Find out if the company will assign you a liaison who is reliable and experienced to handle any questions you or your staff may have once the policy is active.
• Check the company’s regulatory compliance and monitoring and their understanding of regulatory issues.
• Determine if the provider is an agent working directly with an insurance company or an insurance broker working with different carriers.

Benefits of Working with an Insurance Broker

Although you may want to overlook an insurance broker when shopping for a group health insurance and employee benefit plan, they are actually the best. Some of the benefits you will enjoy working with an insurance broker include:

• Generally, brokers offer long term service in that they do not cut ties with you once you have signed the policy. Instead, they are always open to responding to any questions you may have regarding your policy.
• An insurance broker will save you time. The process of searching for the right plan is usually time consuming as you have to solicit for quotes and analyze them before making a decision.
• Brokers offer objective advice in addition to helping you understand the contents of your policy.