This is a question that plagues many of our local businesses. In our last Lessons in Business meeting we discussed small business benefits. There are many options for your business to consider. Businesses can choose traditional insurance, non-traditional insurance plans, health sharing, and many more options. Our goal at the chamber is to help ensure that you are aware of all of the options available to you and make sure that you understand that there are options for every business at just about every price point.
The session began with Chamber President, Bridget Brandt sharing how the Chamber has moved to Health Sharing for their employees and the process they went through to evaluate this benefit as an option. Brandt shared, “After looking at all of our options for our employees this was the best and most affordable solution. The cost sharing plan we signed up for has already saved one of our employees thousands of dollars. It was a great way for us to provide something for everyone with very little cost to the Chamber. We are looking forward to being able to share what we did with our small business members as it has been a great solution for us and several members already.”
During the session local agent, Amy Maddox spoke about her ability to offer unique plans for any business owner. She went on to say, “Employee Insurance benefits are quite often the struggle for businesses. Trying to make employees feel appreciated and offering a benefit package that is adequate, takes some time, patience and planning. We have a Benefits Specialist on our team, Monique Zinn, who offers a full scope of the needs of businesses.”
Some options you should consider with a local agent include:
- Accident plans, with no medical questions, providing employees money for minor to major accidents.
- Critical illness plans, which pay a catastrophic lump sum and cover cancer.
- High Deductible gap plans to help employees fund high health insurance deductibles.
- Disability plans, to cover employee’s income if they are unable to work due to a medical reasons.
- Dental and vision plans at great prices so all employees can have coverage.
- Group Life insurance, with no medical underwriting, so everyone is approved.
- And many more options to meet the needs of the business!
Employers can retain good employees through benefits by providing comprehensive benefits.
If you are a small business in need of solutions for benefits, you can reach out to any of our members that provide this service or you can contact us directly to setup a meeting to discuss options. We are in business to help your small business.
Special thanks to Amy Maddox Allstate Insurance Company, The Maddox Insurance Agency, Inc. for contributing to this article.
Lessons in Business is hosted by the Leander Chamber of Commerce and the City of Leander on the 2nd Thursday of each month at 8:30 am. You can RSVP for the event by contacting the Chamber at 512-259-1907 or at www.leandercc.org