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Health & Welfare Benefits
Traditional cornerstones of employee benefits, health & welfare plans have become the source of great concern for both employers and employees. Individuals and organizations share a common concern: you can't afford health care benefits, and you can't afford not to have them.
Employers realize that today's best employees expect health care and disability protection, for themselves and their families — and look to their employers to facilitate this type of coverage. Employees also consistently indicate that benefits influence their career decisions, job satisfaction and loyalty to employers. And in this era of runaway health care costs, both employers and employees realize that adequate health and welfare protection is key to financial stability. It's never been more important.
Health care benefits used to be simply an administrative concern for HR. Skyrocketing health care claims costs have shifted the strategic significance of health care benefits for today's cost-conscious businesses and organizations. It's now a pressing concern of senior management, and cost-effective solutions are needed.
When polled about the situation, employee reactions are typically quite interesting, and come as a surprise to many employers. Briefly, they are generally quite willing to help pay for health and welfare benefits that meet their needs. The bad news for employers who'd like to simply get out of the business of providing health and welfare benefits is that employees want precisely the opposite. They want their employers to provide administration and enrollment, to help them make the right choices and convenient services like payroll deduction for benefits, and greater flexibility on health care coverage options.
Fortunately, you don't have to become health & welfare benefit experts to meet your employees' expectations. The Benefit Companies can help you provide your employees with the options they want, the information and administrative support to make the right choices, and plans that help rein in health care claims costs. That's good news for everyone. And it's good for productivity, profitability, and employee retention.
The right health & welfare solutions start with an understanding of your needs. Give us a call today at (262) 207-1999 to learn more about your options!
