A serious illness or injury can be devastating to an employee and their family. It can threaten their emotional and economic well-being, and their ability to perform their work. Thus, adequate health insurance is an important part of an employee benefit package.
Group health plans:
Help attract and keep employees who can make your business a success.
Relieve your employees of the anxiety of health care costs by providing the care they need before illness becomes disabling, thus helping you avoid costly employee sick days.
Usually cost less than purchasing several individual policies with comparable coverage. Moreover, there are tax advantages to offering health care benefits: your contribution as an employer may be deductible and the insurance is not taxable income to your employees.
You can choose either an fee-for-service (also known as an indemnity or insured) plan, Preferred Provider Organizations (PPO), or a Health Maintenance Organizations ()HMO (also known as pre-paid) plan.
Medical insurance frequently includes dental plans. Most plans cover all or portions of the cost for the following services:
- Cleaning, xrays and oral examinations
- Fillings
- Crowns and dentures
- Root canals
- Oral surgery
- Orthodontia
