Reasons to Purchase Group Coverage - PowerPoint PPT Presentation
Title:
Reasons to Purchase Group Coverage
Description:
Employers can directly benefit from several tax benefits in exchange for offering their employees group health insurance. In particular, small businesses can claim the small business healthcare tax credit. This tax credit is available to employers that offer their workers insurance and pay a portion of the insurance premium. So, rather than paying higher salaries with no health insurance, offering slightly lower salaries with good group health insurance coverage will benefit the employer and employee in the long run. To know more visit – PowerPoint PPT presentation
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Title: Reasons to Purchase Group Coverage
1
Reasons to Purchase Group Coverage
Better Access to Care. Tax Benefits for Your
Business. Manageable Costs and Financial
Security. Better Employee Recruitment and
Retention. The right group health insurance plan
is one of the most important decisions you will
make as a business owner, to keep your employees
healthy, happy, and productive. The primary
advantage of a group plan is that it spreads risk
across a pool of insured individuals. Besides
offering access to affordable health services,
group coverage also helps businesses in ways
relating to employee retention and tax
benefits. Source- life.futuregenerali.in
