There are so many things I’ve learned over the years of running a small business. Some of them have been taught to me by my many wonderful mentors. Some things have been learned “on the fly”.
While there is a lot of advice that I can impart to you, one of the things that I was not prepared for in the beginning, and it grew to be an issue as my company was going through growing pains, was the importance of offering health insurance to my employees. That’s where hiring a Group Health Insurance Broker comes into play to make it much less of a headache.
Everybody needs health insurance, whether it is offered through their employer or bought individually through an insurance company or on the marketplace exchange like healthcare.gov. Offering it as an employer just makes the process so much easier for your employees and their dependents, and can also be a big factor in making your company more attractive to prospective hires.
So, now that you’ve outgrown your current benefits offerings and realize the importance of offering health insurance through your company, how do you go about setting it up? It’s a complicated web to navigate and if you don’t know what you’re doing, you can get lost very quickly. Hiring a broker can eliminate all this confusion and make sure everything is done properly.
A health insurance broker is a licensed agent who can help you research, purchase, set up, and manage health insurance that is offered through your company. They have extensive knowledge of all the options available to you and can help find and select the right plan (or plans, if you decide to offer multiple to your employees) that is catered for your company’s size and needs.
From start to finish, they take care of the process for you so you can focus more on your core job responsibilities. They will also help you avoid critical mistakes that can end up costing your company a lot of money, or you and your employees getting health insurance plans that are not sufficient for their needs.
At the end of the day, you have too many things to focus on to keep your business moving forward. When it comes to something like setting up a benefits plan for your workers, it’s best to let the trained experts who have knowledge and experience in that area guide you through the process. Doing otherwise is just gambling with your company’s welfare and your employees’ livelihoods.