Benefits of Group Health Insurance

Business owners can’t get away from spending for their employees. That’s the truth. However, offering group health insurance California to your staff can actually benefit your business. While you want to save, you also want to make sure you provide well for your people. Having a group health insurance in California will strike a balance between the two. Here’s how:

  • It attracts skilled employees. It gives you a competitive edge if you offer group health plan as skilled employees don’t have to stress over their medical insurance needs. If you get it from Insuresaver, we will process everything for you at no additional cost.
  • Retention. It has been found that having to replace an employee can cost you at least half of their yearly salary compared to retaining old employees. As small business owners, you can’t afford the inconvenience and expense of a frequent turnover. A survey also showed that:
  •                2.1. employees’ loyalty increased when health insurance is offered according to 78% of the employer respondents

                   2.2. employees are productive because they are healthy according to 64% of the employers

                   2.3. 58% of the business owners say that absenteeism is reduced

                   2.4. 75% of the company owners say that it helps in their recruitment efforts

    1. Savings. Group health insurance California are actually tax deductible because it is considered as a  business expense. Also, your employees are paying their part of the premium based on their taxable payroll, so you get lower payroll taxes too.
    2. Employees salary. Your employees get the most out of their bucks with group health plans as their premiums are deducted on a pre-tax basis, so their taxable income also decreases.
    3. It helps build a community. This is a classic case of kindness getting ripples. Because employers offer it to provide their employees’ happiness and long-term health, the employees are more inclined to do well on their job to make their boss happy too.

Since Insuresaver offers group health insurance in California, everything is centralized, so employees know where to go when they look for help. No need to worry about all the process as we will take all the hassles of the paperwork off of your hands so that you can do what you do best-i.e. to take care of your business. Call us today at 1 (800) 366-2751 to request a quote.

Healthcare is recognized as one of the largest and fastest growing sectors of the American economy.

Initially, claiming a California medical insurance involves you as the insured. Make sure to keep statements and details you get at the office or through the mail for your records in case of disputes. Make time to get to know the people you have spoken with and check back with them to ensure that the proper paperwork has been received to avoid any delays or confusion.

It’s important to know the process of filing a claim to your insurance company as it will reimburse you for all that you’ve paid for “out of your pocket” while you were confined in the hospital. It will also ensure your medical bills are paid as promptly as possible.

Step 1

To file a claim, the first thing to obtain is an itemized invoice from your doctor or medical provider. It should have the list of the services you have taken along with its cost. The insurance will need to call your provider to notify about your insurance filing.

Step 2

The completion of a claim form is very essential. This document will tell you the details about your injury or ailment which your insurer wrote down. It will determine if the expenses that you claim is covered under your insurance plan.

Step 3

The insurer then processes the initial claim. In it, they will confirm your eligibility for the treatment, and they will make sure you filed your claim within the time limit. Insurers also look at the date and place where you sought treatment and whether the appropriate treatment for the condition was provided.

Step 4

Finally, there is nothing more to do but wait. Bear in mind the claim date that the insurance company gave when you called. If you have not collected any payment from your insurer within the said time frame, the best thing to do is contact them immediately.

When you talk to an agent in your insurance company, write down the details like the date as well as the full name of the agent. It is essential for future reference in case problems will arise as this will create a paper trail.

Think what it would be like without insurance. Try to imagine having the need to pay for every doctor and hospital bill just for you to get the treatment your injury or ailment requires.

Insurance is not just buying groceries, or a t-shirt or a pair of shoes. It’s buying a promise that if something untoward happens to you or your business, you have your medical insurance California to lean on financially.