More People, Less Risk
The more people in a group health insurance, the less risk the company takes on. It means better-offered insurance plans at a lower price. Pre-existing conditions will have expanded coverage. As you see, there are many benefits behind group health insurance – something employees should really look at. Employees who work with an employer that offers group health insurance should really consider signing up.
A group health insurance plan costs are much less than what a person could receive with an individual insurance plan. There may be instances where individual insurance offers better details; it’s not always the case.
This is something to really keep in mind when looking for health insurance for your company to offer to the employees. Remember, most prospective employees are looking at jobs that give them real benefits such as insurance, 401(k), etc.