Group Health Insurance for Businesses
You want to offer your employees the best health care benefits, but you’re also dealing with rising insurance premiums. With a professional employer organization (PEO) like GMS, it’s possible to reduce your cost, while still providing top-tier medical coverage.
Lower Your Health Care Premiums
- Financial security
- Flexible benefit options
- An unprecedented customer service experience
The Benefits of Group Health Insurance for Small Businesses
Medical coverage isn’t just a benefit for many employees – it’s a necessity. A competitive benefits package is an essential tool that drastically impacts recruiting, retention, and employee performance.
Comprehensive Group Health Insurance Solutions
GMS does more than simply offer coverage like a health insurance company. We provide our clients with tools and resources to find a health plan coverage solution tailored to their needs.
Group buying power
GMS represents more than 50,000 employees, which allows us to help businesses purchase group health insurance at rates up to 24% lower for employee premiums and up to 15% lower for family premiums compared to the U.S. average.
Master health plan
GMS is the only PEO that provides an in-house master health plan that helps you avoid large swings in usage, trends, and renewal rates.
Education
You gain access to a team of experts who can train your employees on how your plan works and answer difficult health plan questions.
Guidance
Health insurance is complicated. Our experts provide guidance on how to best utilize your plans, maintain compliance, and stay on top of Affordable Care Act (ACA) regulations.
Control
GMS gives you more control of your business, not less. Partnering with a PEO for group health plans allows you to focus on growing your business while making your benefits administration more efficient.
What Types of Benefits Can I Offer My Employees Through a PEO?
Pre-paid legal
Telemedicine
Benefit coverages: Medical, dental, and vision
Flexible Spending Account (FSA) and/or Health Savings Account (HSA)
Life, accident, and critical illness
Short-tem and long-term disability insurance
Comprehensive 401(k) plan: Integrated payroll
Pet discount plan
GMS’ Group Health Coverage
Make Group Health Coverage Less Confusing
Offering small business medical insurance is easily one of the most complicated and costly aspects of running a business. Our goal is to help employers retake control of this essential benefit. Download our guide on health insurance basics to understand more about the following topics:
- The different types of health insurance plans
- Your responsibilities for offering health care as an employer
- Health insurance requirements for a small business
