Why Group Health Benefits and EHPs Matter More Than Ever

  1. Attract and Retain Quality Employees

Top talent expects benefits. Offering group health plans shows candidates that you’re invested in their well-being — and gives your current team a reason to stay.

  1. Boost Morale and Productivity

When employees feel cared for, they perform better. Group health coverage helps reduce stress, absenteeism, and turnover, all while improving workplace satisfaction.

  1. Tax Advantages for Your Business

Premiums you pay toward employee health plans are generally tax-deductible. You also may qualify for credits that lower your overall business tax burden.

  1. More Affordable Than You Think

Enhanced Health Plans are designed to offer customizable, cost-effective options that work for small teams. With defined contribution strategies and creative plan designs, you can offer competitive benefits without breaking the bank.

  1. Protection for Your Business, Too

When your team is healthy and financially supported, your business thrives. Group plans help prevent disruptions caused by medical or personal financial crises — and keep your operations running smoothly.

Options for 1099 Workers and Contractors

Think group plans aren’t an option because your team includes independent contractors? Think again. New group-style health solutions are built to serve the unique needs of today’s small business models — including 1099s and part-time workers.

Invest in Your People, and They’ll Invest in You

Offering group health benefits and EHPs is no longer a luxury — it’s a smart business decision. It protects your team, strengthens your reputation, and gives you a competitive edge in today’s market.

If you’re ready to explore tailored group benefit options that work for your size and budget, we’re here to help. Call or text us at 813-761-2836 or email team@rwealthgroup.com to start building the right plan for your business and your people.

 

Reference: https://blog.allstatehealth.com/the-importance-of-group-health-benefits-for-small-businesses

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