If you are in charge of choosing a health care plan for your business, make sure that you look at what your workplace needs and really consider all of your options. Here are four things you should think about as you assess the different health care group benefit plans on the market today.
Evaluate The Medical Needs & Desires Of Your Workplace
The first thing you need to take into consideration is the desires and needs of your workplace. Are your employees interested in or need a top-tier drug program, or are most of your employees healthy enough at this stage in their lives that this is an extra they wouldn't even realize that you are paying for?
Do your employees need or want access to vision and dental? Do they want these services to be provided by the same insurance agency as their primary insurance? Oftentimes it can be more affordable for you as an employer to purchase your dental and vision separate from your primary insurance for your employees. Make sure that this works for your employees.
Do your employees want a PPO over an HMO? Discuss with your employees if they are okay with the limitations of an HMO if they get other benefits. Sometimes the smaller coverage is worth the trade-offs, other times it is not.
Ask Your Employees For Their Input
Don't just ask your employees general questions; ask for their specific input. They may have insurance needs and concerns that are very different from those that you would think of for yourself. They may also be not as interested or invested in getting certain types of coverage. The only way for you to really know what your employees want is by involving them in the process.
Look Into Patient Support Programs
Look into insurance companies that provide patient support programs. These programs allow participants to call in and get basic medical advice without having to go in to see the doctor. This addition can be great for employees who are busy and always on the go.
See If A Wellness Plan Would Work For Your Business
Finally, make sure you investigate and see if a wellness plan would work for your business. Wellness plans generally offer employees specific benefits if they participate in certain wellness activities and report their participation to your insurance provider. Sometimes wellness programs also cover the cost of staying healthy, such as paying for programs to help one stop smoking or paying for gym memberships so your employees can work out and stay active.
Before you purchase a group benefit plan for your workplace, make sure that it meets the needs of your employees and offers them the services they need at this stage of their lives. Having a strong insurance program can help contribute towards employee happiness and retention in your workplace.
Contact a business such as NFP, P & C, Inc. for more information.