With over 155 million people covered by employer-based health insurance, it proves to be one of the most popular benefits today. Providing group coverage can help businesses gain a competitive edge during hiring, retain their best employees, and enhance overall workplace satisfaction!
A study conducted on LinkedIn shows that when companies provide great perks for workers, such as competitive salaries or generous healthcare coverage, it motivates them to not only stay healthy but also to work harder at performing tasks compared to those without any formative benefit package whatsoever!
Health insurance, in most cases, is the main component of your employee benefits program, and it is usually the first thing that employees will ask you about when they are looking to come on board with your company.
Unfortunately, most business owners and HR professionals do not fully understand their options for this endeavor and often make decisions without being fully educated or understanding how their current plan is performing.