Bloomfield Hills Business Insurance: Group Health Insurance Benefits

Bloomfield Hills Business Insurance: Group Health Insurance BenefitsBloomfield Hills Business Insurance: Group Health Insurance Benefits

The new Affordable Care Act has been the catalyst for the trending term, health insurance. Although the provisions only mandate big business (50 plus employees) to provide health insurance, small businesses are encouraged to provide their eligible employees with similar benefits.

According to the National Association of Health Underwriters (NAHU), group health insurance is a “policy that is purchased by an employer and is offered to eligible employees of the company as a benefit of working for that company.”

Most small business can’t afford the high costs of health insurance. In short, they prefer to allocate their money on increasing revenue. Because of this mindset, they fail to acknowledge the long term benefits of purchasing group health insurance. Reports indicate that insured persons are generally healthier and more productive. Furthermore, it enhances a company’s performance. How?

  • Attract High Quality Workers
  • Reduces Operation Costs
  • Limits Workers’ Compensation Claims
  • Reduces Staff Turnover
  • Tax Advantages
  • Lower Insurance Costs
  • Improved Work Productivity and Attitude
  • Shields your business from personal medical costs

Group Health Insurance coverages come in different shapes and sizes. But there are some common features that are shared among all policies. This includes the following:

  • Provides coverage for self and family
  • Provides coverage for employees
  • Employees can’t be declined coverage due to medical history
  • Granted tax reductions and incentives

At Capital Insurance, we specialize in helping your company set up the group health insurance protection you’re looking for. We can show you how to adjust the package to fit your budget and your needs. Contact us now…and lets get your program started 888.296.0418

 

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