Employee Retention-Insurance can boost employee job satisfaction and loyalty. If they really believe

Employee Retention-Insurance can boost employee job satisfaction and loyalty. If they really believe that their employers truly care about their wellbeing, they are more likely to stay with the business. This leads to low cost of turnover, that in itself is a tremendous cost for small businesses 4. Tax Benefits Employers mostly enjoy tax deductions when offering their employees’ health insurance. Tax-deductible premium, which employers pay for employees\' health plans, can save employers on costs incurred during coverage provision. 5. Better Employee Health: Healthy employees are sure to go for a checkup if they have insurance coverage. This will ensure early detection of any problem and generally keep them healthy. Healthy employees are generally productive and have less sick leave, which is beneficial for the business in the long term. 6. Simplified Administration: Actually, benefits to employees can be very complex, but group health insurance plans frequently have support with administration from the insurance providers. This may make it easier for small business owners to handle, permitting them to focus more on running their business rather than in complicated health insurance paperwork. 7. Customization Options: Group health insurance plans for the most part allow many options, which means employers are able to customize benefits suited to the needs of the employees. This can be flexibility of coverage levels, type of plans-HMO or PPO-and other add-ons such as dental and/or vision care.