GROUP BENEFITS
How to Attract and Retain Employees with Strong Benefit Plans.
Employers often wonder how to attract and retain top-notch employees without sacrificing their own financial wellbeing. One way is to offer your employees a robust benefits package.
High-quality employees can get a good salary and flexible work options anywhere they choose to work. Therefore, you need to stand out.
Group health benefits can be a practical way to encourage potential employees to choose your company.
A strong benefits program can help build employee loyalty and ensure your employees know that you value them. These are some of the different kinds of benefits you can offer your employees including group health benefits.
Group Health Benefits
You can offer your employees several benefits as part of group health benefits. These are the most common ones:
Extended Health & Dental
This includes covering expenses such as prescription drugs, visits to the dentist, eye exams, and glasses.
Disability
Disability insurance provides your employees with income protection if they are temporarily or permanently disabled and can’t work.
Life Insurance
Life insurance lets your employees know you value them even after they’re gone and that you care about providing their families with financial protection.
Critical Illness
This provides your employees with a lump-sum payment they can use to cover medical costs or other expenses associated with having a critical illness.
Combined, these benefits help give your employees a strong sense of protection and financial security.
How Simplified Financial Can Help.
We help you build an employee benefits plan that actually takes care of your employees when they need it, and put you in the driver’s seat, empowering you to manage costs and coverage.
Reach out to us today to get started.
Latest News for Group Benefits
Generic Ozempic Is Here. Will Your Drug Plan Actually Save Money?
Generic semaglutide (the active ingredient in Ozempic) is now available in Canada, and it has the potential to meaningfully reduce drug costs for employer-sponsored benefits plans. But savings are not automatic. Without the right plan design in place, many members may stay on the brand-name drug and costs could remain unchanged. Here is what plan sponsors need to know and do right now.
Exploring the Value of Group Benefit Plans for Your Employees
Unlock the potential of group benefits! Enhance employee well-being, reduce turnover, and boost your business with customized plans. Learn more.
Renewing Your Group Benefits Plan
Is it time to renew your group benefits plan? Discover how to maximize this opportunity by refining health, dental, and specialty coverages, staying on budget, and keeping your team’s priorities at the forefront.