Group Health Insurance: What You Should Know as an Employer

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As an employer, you have many responsibilities, including finding talent, hiring new employees, managing them, and taking care of your own duties every day. However, one more important thing that requires your attention is group health insurance.

Group Health Insurance: What You Should Know as an Employer

Group health insurance covers your employees under a single policy. And while you might know quite a bit about group health insurance already, here are a few things every employer should know about it:

  • It Helps Attract and Retain Employees – Having group health insurance is an important motivator when people are looking for employment. Having medical conditions that need attention or just getting preventive care would be extremely expensive without it. That means having a good group health insurance policy will attract talent to your company and encourage your employees to stay.
  • It Is More Affordable – Because the risk is spread across a higher number of people when it comes to group health insurance, insurance providers are willing to offer it at a lower cost. This is beneficial to both your company and your employees who choose to be on your policy.
  • It Improves Productivity – When employees have access to the healthcare they need, they take fewer sick days and come in to work feeling ready to tackle their duties. Health is necessary for productivity, so group health insurance gives your company an advantage over those that don’t have it.

If you are interested in comparing group health insurance policies for your company, we can help at Elite Benefits Group. We serve North Carolina and would be happy to assist you. Contact us today for more information.