Employee health benefits can put a significant amount of stress on a small company’s funds — you want to offer your employees health insurance, but it isn’t always financially feasible. With SingleCare, you can provide an affordable option for your employees without skimping on coverage.
As an employer, ensuring that your staff has the best possible options for medical treatment and care (and fitting it all within your budget) should be a top priority, but many conventional health insurance providers don’t make this an easy thing to do. Luckily, there are a number of alternatives that can help your business save money while still providing top quality care for your employees.
While the Affordable Care Act (ACA) has taken steps to make the healthcare market easier to navigate and more affordable for the individual, group insurance plans for companies seem to be, as Zane Benefits points out, getting more and more confusing.
In fact, employees will likely receive more comprehensive and affordable coverage through individual plans anyway, which only further discourages employers from providing company-backed insurance.
Smart, Affordable Alternatives
For employers that don’t want to leave their staff out in the cold when it comes to healthcare, insurance alternatives like SingleCare are the answer to the group policy predicament. SingleCare provides members access to an expansive network of high quality health services at pre-negotiated discount rates, allowing them to get the treatment, checkups, and medications they need without breaking the bank.
This kind of solution could be the game-changer that enables businesses to provide company-wide coverage. Neither you nor your employee will pay a monthly fee for insurance: the SingleCare model is pay-as-you go for the employee, providing services at a rate that is often significantly less than what you would otherwise pay as an out-of-pocket expense.
With SingleCare, organizations can offer benefits to employees who couldn’t previously afford them or who may have opted out of company plans altogether. While most part-time employees are excluded from company plans, SingleCare allows businesses to offer everyone within the organization access to the care they need, all without putting undue strain on company resources.
Mind the Gap
It’s important to remember that many group insurance plans have large coverage gaps in a variety of important areas. Vital services like dental and vision are rarely covered by typical group policies. With SingleCare, employees will be able to seek out specific services or procedures at discounted rates, even when those services are not covered by their company’s insurance.
Out-of-date, inflexible, and bloated group insurance plans are a black hole for vital company funds. Being a smart businessperson means you don’t throw your money around unless you’re clear on where it’s going, so why should paying for healthcare be any different?
SingleCare makes sure that you know exactly how much you owe up front and that you only ever pay for the services you receive. By providing employees with a more affordable method of obtaining coverage, businesses can save money while still looking after the well-being of their employees.
SingleCare Saves You More than Just Money
A successful company is largely dependent upon a healthy workforce. Employees with access to care will spend fewer days out of the office, and be more engaged and productive while on the job. When employees feel that their company is looking out for them and their needs, it fosters a sense of loyalty, which will ultimately increase their dedication to their work and reduce company turnover in the long term.
SingleCare is revolutionizing the healthcare industry, and more and more forward-thinking companies are jumping on board with our system every day. Instead of paying more for mediocre coverage, use SingleCare to ensure that your employees — and your bottom line — remain as healthy as possible.