Group HealthMarshall & Sterling Insurance can assist your company with its health benefits program, whether you are evaluating the current program or looking to offer a new program to your employees.
- Group Health
- Types of plans
- Tax considerations
- The Health Insurance Portability and Accountability Act (HIPAA)
We have the expertise to assess and advise companies on the complex array of factors that go into designing the right health benefits program. We have solid relationships to secure competitive rates from the top health insurance carriers.
For most employees, health care is the most important employer-provided fringe benefit. It is for this reason that many employers offer medical insurance coverage, even though such coverage is generally not required by law. In fact, most companies with over 100 employees offer some type of health insurance.
For employers that offer coverage, health insurance represents the largest benefits expense. Therefore, health insurance receives a deserving amount of attention from these organizations. Employers can vary the amount that they contribute to each employee's premiums, based on the company's budget, the need to use benefits as a way to attract and retain key employees, and a variety of other factors.
It is essential for employers to continually refine their health benefits program and strategy. An increase in health options, new legislation, and a changing workforce are transforming the option of redefining employee health insurance into a necessity. As health care reform measures have worked their way through Congress, employers must address the current needs of their workforce rather than take a complacent stance regarding this extremely important employee benefit.