Group Benefits in Rockville Centre, New York

Group benefits insurance is the cornerstone of most organizations’ employee benefits offerings. These package plans are designed to provide financial protection to and foster the well-being of employees and their families.

Group benefits insurance can include a range of policies, such as health, dental, vision, life and disability. By offering group benefits insurance, employers may attract and retain top talent while providing peace of mind to their employees. Additionally, group benefits insurance is often more affordable than an individual might find on the private market. So group benefits insurance can help reduce the financial burden on employees and their families, allowing them to focus on their health and well-being during difficult times.

What Are Some Types of Group Benefits Insurance?

The following are examples of group benefits insurance offerings employers may provide to their employees:

• Health insurance
• Vision insurance
• Dental insurance
• Life insurance
• Disability insurance

What Is a Group Health Insurance Plan?

A group health insurance plan is one example of group benefits insurance. This policy typically covers medical expenses, including doctor visits, hospital stays and prescription drugs. Since group health insurance plans are generally more affordable than individual health plans, such coverage can help reduce health care’s financial burden on employees and their families. This affordability may also encourage employees to be more proactive about their health care, thus reducing the chances of illness and absenteeism.

How Does Group Health Insurance Work?

Health insurance plans provided by employers are often called group insurance plans. Organizations typically purchase and set up group health insurance plans to benefit their employees. Usually, a certain percentage of the organization must opt into the plan. Employees can accept or decline coverage when an organization offers group health insurance. Plan premiums are often split between the organization and its employees, with the employer typically paying most of the costs. Coverage may also extend to an employee’s immediate family and/or dependents for an added cost, depending on the policy.

Learn More About Group Benefits

Call United Benefit Solutions, LLC today to learn more about how offering group benefits may work in your company’s favor and get a quote.