Many years in business
100% customer satisfaction
Knowledgeable advisors to help you
Multiple coverage options to choose from
The primary benefit of group health insurance is that it generally has lower premiums due to larger risk pools. When more individuals enroll in a group plan, the risk spreads to more members, making the insurance cost more balanced and affordable.
Other significant advantages include potential tax benefits. For employers, contributions toward employee premiums are typically tax-deductible. Employees benefit from paying premiums with pre-tax dollars, reducing their taxable income. The Small Business Health Care Tax Credit may be available to small firms.
The cost of group health insurance is influenced by several factors, including:
Group health insurance can significantly enhance the working relationship between employees and employers. While it won't solve all company or employee issues, it does provide peace of mind and a sense of security.
Choosing the right group health insurance is challenging, but Top Choice Insurance Agency, PLLC is here to assist. We offer expert guidance on the coverage you need and the benefits that work best for both employers and employees in North Carolina. Contact us today to learn more!