“I volunteer as tribute!”
Okay, voluntary benefits aren’t quite a fight to the death to see which of your employees gets the best insurance plan. However, if your company does already offer group health benefits, offering voluntary benefits can give you a bigger fighting chance when recruiting top talent. It will also give you a hand in creating an environment full of happy, healthy, and therefore, loyal employees. Here’s how.
So, you’ve got this small business, and you want to offer group health insurance for your employees. Choosing a group health insurance plan can be difficult – health insurance is complicated, we’re not going to lie. It’s not the easiest thing in the world to get the hang of. We’re going to go over five different money-related group health insurance terms you might encounter in your noble quest for group health insurance.
When you’re a small business owner, there are a lot of details that go into running a business that most people conveniently forget to tell you about. One of which is more than likely group health insurance. What is it? How do you get it? How do you get the right plan for you and your employees?
Here are some of the main things to consider when shopping for a group health plan for your business.
If you’re an employer with a small business, you might be in need of small business health insurance for your employees. (There are many reasons to consider offering group health insurance, after all.) One benefit you can consider offering to your employees will help them if they ever need to take time off work due to illness or injury. As an employer, you can offer short-term and long-term disability insurance. What are those? We’ll explain how both of these coverages work and why you might want to consider offering them.
If you’re a business owner, you know that shopping for group health insurance is an entirely different ballpark than shopping for individual coverage or even workers’ comp. A lot of questions pop up that you may have never considered. What kinds of group health insurance can I offer my employees? What will group health insurance cost for my business? What kind of group health insurance fits my business and my employees?
It seems like there are too many types of coverage out there and not enough time in your busy schedule to go through them all. So, we’re here to walk you through some of the basics of group health insurance.
As an employer, you might be weighing the costs of offering group health insurance and benefits. The price tag of group health insurance might seem quite large, and if you’re not legally required to offer it you might be tempted to forego it as part of your business insurance plan. However, we’ve got 6 reasons to consider offering group health insurance.
