Group Health Insurance Plans for Businesses and Employees
Health insurance is an important part of protecting employees and their families. At The Steward Insurance Services in La Mirada, CA, business owners and managers receive one-on-one guidance from an experienced broker with more than 25 years in the field. Group health insurance plans can help companies attract and retain quality employees while also ensuring workers have access to medical care when they need it most.
Call
(949) 236-4445 today for a personalized quote and straightforward answers about group benefits.
Why Group Health Insurance Matters
Employers who provide group health insurance often see higher employee satisfaction and lower turnover. Offering health benefits shows a commitment to the well-being of staff members and their families. It also helps businesses stay competitive in hiring markets where quality candidates often look for strong benefits packages.
Group plans can be tailored to meet the specific needs of a company, whether it is a small local business or a larger organization with many employees. Plans are flexible, and different levels of coverage can be designed depending on the budget and priorities of the employer.
Group Health Insurance Options
Business owners have several choices when it comes to providing health coverage. These options range from medical plans to supplemental benefits that support employees in different areas of their health and financial security.
Large Group Plans
For businesses with more than 50 employees, large group plans provide wider coverage and more options. Employers can often negotiate better rates and include more comprehensive benefits.
Small Group Plans
Designed for businesses with up to 50 employees, small group plans provide affordable access to quality care. These plans are often flexible, with different coverage levels to meet the needs of smaller teams.
MERP/HRA (Medical Expense Reimbursement Plan/Health Reimbursement Arrangement)
These options allow employers to reimburse employees for certain medical costs. They provide flexibility and can be a cost-effective way to support employees without committing to higher monthly premiums.
Level Funding
Level funding allows an employer to pay a set monthly amount for health coverage, helping manage costs with more predictability. If claims are lower than expected, there may be opportunities for savings or refunds at the end of the plan year.
HSA (Health Savings Account)
An HSA allows employees to save money for medical expenses using pre-tax dollars. Benefits of an HSA include:
Lower Taxable Income for Employees
Funds That Roll Over From Year to Year
Flexibility to Use the Account for a Wide Range of Medical Costs
Group Dental Insurance
Dental benefits are one of the most requested additions to a health package. Coverage can include:
Preventive Care Such As Cleanings and Exams
X-rays and Diagnostic Services
Fillings, Crowns, and Other Restorative Treatments
Orthodontics in Certain Plans
Group Life Insurance
Life insurance provides financial protection for an employee’s family in the event of death. Group life coverage is usually more affordable than individual policies and is often included in a larger benefits package.
Choosing the Right Plan
Every business is different, and health coverage should reflect the unique needs of the workforce. Some employees may prioritize medical and dental benefits, while others value savings options like HSAs or additional life coverage. A skilled broker can guide employers through these choices, comparing the costs and benefits of different plans.
Employers also need to consider compliance with state and federal requirements. Having the right guidance ensures that companies meet their obligations while providing valuable benefits to their staff.
Benefits for Employers and Employees
A strong group health insurance package benefits everyone involved:
For Employers:
Better Employee Retention
Improved Productivity and Morale
Competitive Edge in Hiring
For Employees:
Access to Quality Medical Care
Financial Protection Against Unexpected Expenses
Peace of Mind Knowing Their Families Are Covered
Get a Group Health Insurance Quote Today
Health insurance is one of the most valuable benefits an employer can provide. The Steward Insurance Services in La Mirada, CA, offers personal guidance to help companies choose the right group plan. With more than 25 years of experience, clients receive clear explanations and trusted support every step of the way.
Call
(949) 236-4445 today to learn more about group health insurance options and get a customized quote that fits your business needs.
Call (949) 236-4445 for custom group health solutions.