Voluntary Benefits Make Arizona Group Health Insurance Affordable

Arizona small businesses are on the front line of our national healthcare crises. Soaring premiums have left some employers unable to provide health insurance coverage for their valued employees. One easy answer is to implement a voluntary health plan for their employees.

Voluntary insurance plans are tax privileged for both the employee and the employer, so employees do not pay taxes on the money spent on these plans and the employers’ payroll tax is reduced as well. Employers are allowed to contribute any amount they would like for each class of employee they establish, but they are not required to contribute anything if they wish not to. Some insurance companies allow employers to start a group with as few as two employees. Establishing a voluntary insurance plan is the perfect addition for every Arizona business looking for affordable group health insurance.

Voluntary health insurance is a group of supplemental insurance indemnity policies that are designed to protect your employees from a variety of illnesses and calamities. National statistics show that, because these plans pay cash directly to the policy holder, employees love them. That is why there is not a single Fortune 500 company that does not offer a voluntary health plan as a part of their benefit package

Here is a list of some very common voluntary policies:

• Accident
• Cancer/Specified-Disease
• Dental
• Hospital Confinement Indemnity
• Hospital Confinement Sickness Indemnity
• Hospital Intensive Care
• Life
• Long-Term Care
• Short-Term Disability
• Specified Health Event
• Vision

For some employers these plans are all they can reasonably afford to offer their employees. But for many small Arizona businesses voluntary plans are but the icing on the cake of a comprehensive employee benefit package designed to be of genuine value to each employee and cost effective for the employer.

To learn more about voluntary health plans and/or to find Affordable Arizona Group Health Insurance call me at (602) 502-3113