Stuttgart Group Health Insurance & Employee Benefits Plans

Stuttgart, AR, is a small community of 7,500 residents located just southeast of Little Rock. Because the city enjoys proximity to the employment opportunities of the Little Rock metro area, local employers may need to step up their benefits offerings to attract and retain high-quality employees.

Group Health Insurance and Employee Benefits

Despite the consistent popularity of group health insurance among workers, some employers hesitate to include it in their benefits packages. Employer-sponsored health insurance is great for workers because they get better coverage at a lower price compared to an individual plan. However, it can be a significant expense for the sponsoring company.

What to Look for in an Insurance Provider

The high cost is a big reason why some employers don’t offer health insurance if not required to do so. Another contributing factor is the major effort required to choose an insurer and policy. Most small companies don’t have the expertise or resources to conduct a thorough evaluation of insurance prospects. Yet, getting the right insurer is crucial for employee participation and satisfaction. Here are some of the considerations:

• Financial stability
• Customer service
• Variety of policies
• Depth of provider network
• Claims processing approach

Benefits of Working with an Insurance Broker

Instead of struggling through the evaluation of insurance companies, and taking time away from running your business, consider a viable alternative. You can partner with an independent insurance broker like Taylor Benefits Insurance to identify the most suitable insurance solutions for your company. Consider these advantages of working with an independent broker:

• Brokers are not associated with insurance companies. That means they don’t have to recommend an in-house option for you. Instead, the broker will make recommendations for your program based on their determination of what makes sense for your company.
• Brokers already know the industry. They will take the time to understand your operations and objectives so they can design an effective benefits plan that will resonate with your employees.
• Brokers know the regulations, so you don’t have to worry about whether the policy you choose meets the applicable requirements.
• Brokers can often negotiate lower rates than you could find, so you will likely save money as well as time.

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