Employer Insurance
Group Health Insurance for Employers
Group health insurance is the health coverage offered by an employer or organization to its employees as a benefit for working for that organization. The cost of a group health insurance plan is substantially less than an individual health plan that offers the same benefits.
Advantage SBS, through its experience and agency partnerships can you locate the right group health insurance plan for your organization.
Group health insurance products are helpful, both to the employer and employees.
Benefits of Group Health Insurance to Employees
The primary beneficiaries of group health insurance plans are the employees. Some of the notable benefits of a group health insurance product for the employees are:
- A group insurance plan is cheaper than an individual health plan with same benefits.
- In many cases, the employer pays a part or all of the insurance premiums, which further reduces the employees’ expenditure.
- In comparison to an individual health plan, getting a group insurance plan is relatively easy, especially for people who have one or more preexisting health conditions. The reason being that group health insurance plans do not involve any medical examination or health history surveys.
Benefits of Group Health Insurance to the Employer
Group health insurance plans also provide various benefits to the employer; some of the most prominent ones are listed below:
- Work as an effective employee-retention tool.
- Reduce the loss of production hours due to employees’ sickness, as when group insurance plan is in place the employees get speedy medical care.
- Assist in recruitment of new employees. For many individuals who switch jobs, often health coverage is a major factor they consider when accepting a new job.
How Advantage SBS can Assist You
Our experts will relieve you from the headaches typically associated with choosing the right group insurance solution.
We work with more than 150 national and regional carriers. We can easily help you locate the group health insurance solution that fits your insurance needs the best. Get in touch with our experts to understand your insurance needs better and identify the solution that will work for you.
To learn more about Group Health Insurance available through Advantage SBS or to speak with a representative, contact us today at (888) 762-2075 or complete our quote request form here.
