The Benefits of Offering Group Health Insurance in California
By: Pat Knowd LUTCF | Posted: 14th November 2007
1. Employee satisfaction
Employees value, and have over the years come to expect, health coverage through their California employers. It is widely known that group health insurance is generally the least expensive way to obtain coverage. Most Californians get their health coverage through their employers or are coved through their spouse or parents’ insurance from work. By offering [url=http://www.healthinsuranceshopper.com/californiagrouphealthinsurance]California Group Health Insurance[/url] to your employees, you are creating an environment where your employees can obtain preventative medical care, which decreases time spent away from work for health issues and your employees do not have to worry about obtaining their own costly health plans. A company that provides group health insurance in California will find it easier to hire and retain qualified team members.
With [url=http://www.healthinsuranceshopper.com/californiagrouphealthinsurance]California Group Health Insurance[/url], employers are required to make some contribution to their employees’ monthly premiums. The amount remaining after the employer’s contribution is the employee’s responsibility. Employer contribution differs from one California group health insurance plan to the next. You can compare premium contributions for California group health insurance plans on healthinsuranceshopper.com or you can call us at 1-888-485-5747 to get more information.
2. Tax Advantages
Your company is eligible for tax advantages if you provide California group health insurance to your employees. Make sure that you check with your accountant or tax advisor for specific benefits you are eligible for. Generally companies can deduct 100% of their California group health insurance premiums contributions. By setting up a Section 125 Cafeteria Plan employees can gain tax benefits by paying their share of the premiums can be paid with pre-tax dollars. The Cafeteria Plan also allows employers offering California group health insurance to their employees to effectively reduce their payroll taxes.
3. Medical Coverage for Yourself
If you purchase a California group health insurance for your company, your rates could substantially decrease.
There are many different Group health insurance plans available to you and there are pros and cons to each depending on your company’s needs and budget. You can compare California group health insurance plans here on healthinsuranceshopper.com or you can call us directly at 1-888-485-5747 and we will help you find the best fit group health insurance for your company.
[url=http://www.healthinsuranceshopper.com/californiagrouphealthinsurance]California Group Health Insurance Quotes[/url] may be obtained online by visiting may be obtain from [url=http://www.healthinsuranceshopper.com]HealthInsuranceShopper.com [/url]
Patrick Knowd LUTCF is founder and president of Health Insurance Shoppper and has been a trusted insurance advisor for over 15 years.
About the Author
Occupation: President - HealthInsuranceShopper.com
Patrick Knowd is president of Health Insurance Shopper.com, an interactive web site offering all types of California health insurance.
The site allows visitors to educate themselves on the different types of health care available in California, obtain online quotes, apply online or call for personal service.
Pat holds an Economics degree from The University of California and is a California health insurance executive and agent. Pat prides himself in offering personal service to California residents in a very challenging market.
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Tags: parents, team members, health insurance, insurance, accountant, health issues, medical care, healt, californians, group health insurance, employee satisfaction, health insurance plan, health coverage, health insurance premiums, tax dollars, section 125 cafeteria plan