Group health insurance carries many benefits such as:
1. Cheaper than individual health plans
The more people that are included in a group insurance plan, the cheaper they become. This means that employees or group members will end up paying a lot less than if they had an individual plan.
2. Great Business Perk
Having a group health insurance plan is an attractive perk for many employees which means you'll be able to secure the best talent for your open vacancies. Many people are keen to be part of a group plan with good coverage, and it can often be the reason people choose to accept or decline a job offer.
3. Healthy Staff
If your staff are included in a company-wide group insurance plan, you'll find that people will be healthier and happier, as they are covered to have any underlying medical conditions treated quickly. This means less time off and fewer disruptions to your business.
You can find more information about the benefits of group health insurance here.
