Group Health Insurance
Companies looking to attract the best talent from around the world are constantly looking to improve their employment and benefits packages, and one of the best ways to do this is by offering group health insurance to your employees. If you’re a business with an existing workforce, investing in group health cover for these individuals can be a cost-effective means of improving your attractiveness as an employer. We are knowledgeable with wide variety of policy options that benefit employees at rates you can afford. Regardless of the size of your staff or particular benefit objectives, Dion Jayakoddy Retirement & Insurance selects from among a wide network of carriers to find the group health insurance plan that is appropriate for your business.
Benefits of Investing in a Group Insurance for your Business
The primary advantage of a group plan is that it spreads risk across a pool of insured individuals. This benefits the group members by keeping premiums low, and insurers can better manage risk when they have a clearer idea of who they are covering. Insurers can exert even greater control over costs through health maintenance organizations (HMOs), in which providers contract with insurers to provide care to members. The HMO model tends to keep costs low, at the cost of restrictions on the flexibility of care afforded to individuals. Preferred provider organizations (PPOs) offer the patient greater choice of doctors and easier access to specialists but tend to charge higher premiums than HMOs.
In addition to offering affordable access to quality health services; group health coverage also contributes to increased employee retention while providing tax incentives and benefits to you as an employer. There are many excellent potential employees just waiting to work for your business, but they will not apply if you don’t offer them what they need to live a comfortable life.
Customize your coverage
Since coverage and benefits may vary within the larger San Joaquin County, contact Dion Jayakoddy Retirement & Insurance to find the most feasible solutions for the health insurance needs of you and your employees. We design plans and offer insurance products for any sized business and help you monitor costs and the health of your workforce. Your employees will benefit and so will your business with specialized plans designed by Dion Jayakoddy Retirement & Insurance!
Contact us for more information!