Group Health Insurance Plans
We help you find the right coverage at the right price.
LifePlan Financial provides group health insurance plans that Washington employers need most. As an employer in todays’ business world, LifePlan Financial knows how important it is to provide group health insurance to the most valuable asset of your Washington business – your employees. By providing each business employee with a plan that meets his or her expectations, it can help your business lower turnover and keep a staff that’s healthy and insured with peace of mind. But we also realize that there are so many different plans out there, it can be very time consuming to research your best group health insurance options. We’re proud to offer a variety of group health insurance plans in Washington – for quality assurance and additional benefits. Our health insurance specialists will work with you one-on-one to develop a group plan that’s not only affordable but complements your business’s needs. Best of all, we do all of this for you for free.
Our expert guidance is free
Not many businesses in Washington State know this, but getting expert guidance on your group health insurance plans costs you absolutely nothing. The prices for all policies are regulated by the Washington State Insurance Commissioner. No matter which broker you use, or whether you do it all by yourself by going straight to the carrier, you’ll pay the same amount. So why not let us listen to your goals, find the solutions, and fill out the paperwork for you – saving you time while giving you the best possible prices. We’ve helped thousands of people get the group health insurance that Washington employers need. We can quote you, your family, your employees, your employees’ families, and even provide additional coverage options like dental or life insurance. We have the experts in group health insurance that Washington companies deserve.
Which Plan is Right for your Washington Business?
Group health insurance plans typically include either indemnity plans, such as Fee-for-Service (FFS), or managed care plans, including Health Maintenance Organization (HMO), Preferred Provider Organization (PPO), and Point-of-Service (POS). The major difference between Indemnity and managed care plans is the types of providers, choices of doctors and physicians, out of pocket expenses, and medical bill payments. Since group health insurance options vary from state to state in coverage options and benefits, as well as the size of your business, it’s important to discuss your business’s Health Insurance needs with a specialist at LifePlan Financial who can help you find a solution that’s ideal and feasible for you and your employees.
Working with an insurance broker
Many people looking for group health insurance plans go to an insurance agent to help them. But insurance agents are usually locked in with the company they work for, meaning they won’t give you information about a different plan, even if it’s a better deal. An insurance broker, here at LifePlan Financial, looks at all available plans to finds the one that works best for you by coverage and price. They can even help you by bundling or customizing policies, which an insurance agent may not be able to do. Health insurance brokers tend to have a broader understanding of health insurance plans and the key benefits. By reviewing all of the available plans, you’re more likely to find a better-priced plan or a plan that covers all of your health insurance needs, thereby saving you money in the long run. And the best part of working with an insurance broker at LifePlan Financial is it’s completely free.
Benefits of Providing Health Insurance for your Employees
Your employees are the most valuable asset to your business. Without them, your business wouldn’t go very far. So why not take care of them and provide them with health insurance? Here are some benefits of providing group health insurance plans for your Washington employees.
Your Business Will Attract the Most Qualified Employees
If your business competitors are offering health insurance, then in order to compete, your business should too. You are more likely to attract employees to your business by providing health insurance. Not only will you attract these employees, but you are more likely to hold onto them. Many employees have said that health benefits are a very important aspect of whether or not they take a job.
You Gain Tax Advantages
Employers can deduct 100 percent of their employees’ health insurance costs as a business expense.
You May Be Eligible for a Tax Credit
Small businesses with less than 25 employees may be eligible to receive a tax credit if they purchase small group health insurance for their employees. Find out if you qualify for the small business tax credit!
More Productive Employees
Healthy employees tend to be more productive. A health insurance plan for your small business provides preventative care for your employees, so they can stay healthy. If your employees don’t have insurance, they are less likely to get yearly physicals. This could result in your employees out for a long period of time due to serious illnesses. Healthy employees are more productive, work harder, and bring in more profits for your small business.
Overall, providing health insurance for your employees will benefit them in many ways and result in benefits for your small business.