Employee Benefits
Employee Benefits
Going into business for yourself can be a bit of a gamble. But not insuring yourself, family, or employees only raises the stakes. The two groups who should be most interested in a group health plan are:
- Self-employed persons who often think health insurance is an unaffordable luxury
- Small business owners who know employer-sponsored health insurance is one benefit workers truly value
Health insurance helps protect your finances in the following ways:
- Discounted rates for medical care. Insurance companies negotiate rates with health care providers. Without that feature, even the cost of a regular checkup or office visit can be twice as high
- Spares you unexpected medical costs. Bankruptcy, due to hospitalization over an unforeseen injury, happens more often than you’d think
- Protects your ability to work. If you don’t have your health, it isn’t possible to work
- Improves access to quality care. With a group health insurance plan, you gain access to a broader network of health care providers than you would have, otherwise
- Encourages a healthier lifestyle. Regular checkups and preventive care that won’t cost you too much and are likely included in your policy
- Hire and retain great workers. Employer-sponsored group health insurance coverage is a valuable inducement to top talent, as well as an important consideration in complete compensation packages