Key benefits of offering a group plan.
Group health insurance does more than just cover your team's doctor visits. Here's what it actually does for your business.
Attract & Retain Talent
Health benefits consistently rank as one of the top factors employees consider when choosing and staying at a job. A group plan can set you apart from competitors who don't offer one.
- Competitive edge in hiring
- Reduces turnover and training costs
- Shows employees you're invested in them
Group Rates = Lower Premiums
Because risk is spread across multiple employees, group plans typically cost less per person than individual plans bought on the open market, especially for older employees or those with health conditions.
- Volume pricing across your team
- Employer contribution reduces employee cost
- Level-funded options for healthier groups
Fully Insured vs. Level Funded
Fully insured plans offer predictable costs month to month. Level-funded plans can return unused premiums at year-end if your group stays healthy. Stevan will help you figure out which fits your team.
- Fully insured: fixed, predictable cost
- Level funded: potential refund for low-claims groups
- We shop both and show you the comparison
Add-On Benefits
Bundle dental, vision, life, and disability alongside your medical plan. Offering a complete benefits package is easier than most small business owners realize, and often more affordable when grouped together.
- Dental & vision can be added to most group plans
- Group life and disability options available
- One broker managing the full package