Group Health Insurance
Is your company currently in search of a quality group health insurance plan that can protect your employees without costing a fortune? GLG Insurance has access to dozens of quality plans that offer exceptional health care coverage for groups. GLG Insurance understands that this can be a confusing task for companies that aren’t in the business of selling health insurance. After all, there are several factors to consider including the annual cost of holding the policy as well as what is covered by a particular group plan.
It’s easy to become confused by medical terminology, minor variations in one plan over another, and the benefits of choosing low copays over low annual deductibles. While some brokers might just try and sell you on a plan that costs little on a monthly basis but delivers even less, our company strives to find the perfect group health insurance plan to meet all of your needs and expectations without sacrificing coverage just to save a little on premium. Let GLG Insurance assist you in determining which group health insurance is going to protect your company employees.
What Are Some of the Benefits of Providing Group Health Insurance to Your Employees?
Currently, all employers who offer access to group health insurance for its employees receive special tax incentives and deductions that benefit the company financially. Today, the majority of employers pass some of the cost over to their employees, sharing the cost of the monthly premiums. As a side benefit, the provision of health insurance helps your company to retain its employees, minimizing the cost of hiring and training.
Types of Commonly Available Group Health Insurance
A variety of group plans are available for businesses looking to give their employees the benefit of coverage that protects their medical well-being. They include:
- HMO Insurance Plans
- Health Savings Accounts
- PPO Insurance Plans
- POS Insurance Plans
Features of Group Health Insurance Plans
Most group health insurance plans provide the same type of benefits that accompany individual policies. In general, they feature coverage for medical, vision, hospital, and surgical needs. Some policies might even offer coverage for dental care. In general, only plans that offer a comprehensive scope of coverage include all of the above. Basic plans typically do not provide any type of coverage for vision or dental care.