Some employee benefits feel like a nice bonus, but in most cases, employees see healthcare as a core part of the compensation package–arguably as important as the salary itself. Buying group health insurance is the economical way for your business to recruit and retain staff, and increase the likelihood that they’ll be fit to work.
Depending on the plan, your business can cover employees only or can choose to offer coverage to the family and financial dependents of employees, as well. Additionally, your company can choose to cover the premiums in full or split the cost with employees.
The costs associated with group health insurance vary depending on where your business is based, how many employees you want to cover, and how old the employees are.
Ready to offer your employees group health insurance? We can help you weigh your options.