A large majority of people secure their Health, Dental, Vision, Disability and even Life Insurance through their employer, hence the term “Group Benefits”. The advantage is employees pay lower premiums and can often get better coverage for their money, vs. individual insurance plans. As the employee benefits, the employer can use their benefits as part of the compensation plan and therefore attract and retain quality employees.
As I’m sure you are aware, there’s quite the fuss over Health Insurance and this directly affects group benefits and can be especially burdensome on small businesses.
But it’s not all bad news. Business are becoming smarter about their benefits choices and often look to Health Wealth Advocates for Innovative solutions to meet their complex needs.
Even with all the changes, group benefits will remain vital, as most people will continue to get coverage from their employer. But companies like HWAdvocates, employers, and insurance carriers must continue to adapt, creating new products and services, and effectively managing costs.
What is covered by Group Benefits that I can obtain through Health Wealth Advocates?
The first insurance that comes to the minds of most people, due to it’s immediate and direct implications on the quality of their lives and the lives of their loved ones, is Health Insurance.
Health Wealth Advocates is committed to allowing small businesses to have choice and the ability to choose coverages that fit their budget while providing excellent care for their employees.
If you are a decision-maker in a small to mid-sized business, often known as the SMB market, please click below and let us know you are interested in hearing about out-of-the-box solutions that can continue premium services while saving your company as much as 25% – 30% per year.
Group Dental and Vision
Insurance plans that don’t get as much attention as primary Health insurance can, however, be just as crucial in the lives of your valued team members – that’s Dental and Vision.
We at Health Wealth Advocates are proud to offer a wide variety of choices for any business budget.
When you complete the contact form, please let us know if we can help you with your Group Dental and Vision Coverage.
Another vital coverage that is often overlooked is Disability Insurance. We often consider Life Insurance as the safety net to support our families. But what about covering you Automobile, Mortgage and credit card bills. If you are disabled, those bills, unfortunately do not stop.
Another startling fact is that, over the past 10 years, advancements in medicine have considerably lowered the death rates due to illnesses such as cancer, heart attack or stroke. In fact, with modern medicine, what used to mean “death”, now means disability. Here’s an example: In the last 10 years, death due to hypertension has decreased by 73% yet disabilities due to hypertension have increased by 70%.
Frankly, as an employer who keeps up with trends such as these, you are catering to the needs of a new generation by making Group Disability a staple.
Group Coverage Management
Finally we arrive at one of the best ways to cut costs for employers while benefiting the company and its employees alike, without slashing coverage. That is by partnering with a company like Health Wealth Advocates who is leading the way in innovative HR and Employee Benefits Administration systems.
Cut costs drastically without touching benefits by eliminating and streamlining repetitive tasks associated with HR and Benefits management. Further savings and convenience can be found by allowing employees to access the system thereby reducing the burden on the HR Staff
Is it time for a Change?
Maybe you know it’s time for a change. Maybe you’re reading up on employee benefits for your small to mid-sized business but have not yet decided on a change. We encourage you to click below and complete the contact form. A professional from Health Wealth Advocates will be in touch by in less than 24 hours and we’ll schedule a consultation with recommendations at no cost with absolutely no pressure or obligation.
If you would like professional help making a decision about your Employee or Group Benefits, Please Click Here.
Do you already know what you need and you’re just returning to provide us with your details? Then Click Here.