- June 13, 2023
- Posted by: Tony Lehrman
- Category: Arizona Group Health Insurance
Providing health insurance to your employees can offer several advantages for both your business and your employees:
Attract and retain top talent: Offering health insurance is an attractive benefit that can help you attract high-quality employees to your organization. In a competitive job market, health insurance can be a differentiating factor that sets your company apart and makes it more appealing to prospective employees. Moreover, it can contribute to higher employee satisfaction and loyalty, reducing turnover rates and the costs associated with recruitment and training.
Enhance employee well-being and productivity: By providing health insurance, you demonstrate a commitment to the well-being of your employees. When employees have access to comprehensive healthcare coverage, they are more likely to seek preventive care, address health concerns in a timely manner, and maintain their overall well-being. This can lead to healthier, more productive employees who are absent less frequently and have better overall job performance.
Promote a positive company culture: Offering health insurance is a tangible way to show that you value your employees’ health and well-being. It contributes to a positive company culture that prioritizes the needs of the workforce. This can lead to increased employee morale, job satisfaction, and a sense of security among your staff, fostering a positive work environment.
Tax benefits: Providing health insurance to your employees can come with certain tax advantages. Businesses may be eligible for tax deductions or credits when they offer health insurance benefits to their employees. Consult with a tax professional or accountant to understand the specific tax incentives available in your jurisdiction.
It’s important to consider your company’s financial situation and consult with an experienced health insurance broker like Lehrman Group to find a health insurance plan that aligns with your budget and the needs of your employees. Ultimately, providing health insurance can be a strategic investment in your workforce, supporting their well-being, job satisfaction, and overall productivity.
Offering health insurance to employees in Arizona since 1988, Lehrman Group can be reached from anywhere in Arizona by calling (800) 600-9663. For the employer group health insurance department, you’ll want to speak with Ken Whitley at extension 2, or click here to request rates for your employees.
