Voluntary Benefits Are Valuable to Both Employer and Employee
One of the growing concerns for businesses and individuals alike is healthcare benefits. For employees, health care is becoming more expensive than ever before and a comprehensive benefits package can be the answer.
For employers, providing those benefits is important because it can mean keeping the right employees. But it can also mean elevated costs that can get out of control quickly. With voluntary benefits through ArmadaCare, employers can cut down on costs while providing comprehensive care.
The Benefits for Employees
Having voluntary benefits is great for employees because it provides them with the comprehensive care that they need for a lesser cost. With the rise in healthcare costs, having the right benefits is crucial for their personal care.
Through these voluntary programs, it means that they can get more comprehensive coverage than they may have otherwise. That is without the added costs and allows them to get the care that they and their loved ones need.
Benefits for Employers
Providing those benefits sounds expensive for employers, but there are huge gains for them as well. When employers pay the premiums, they are pre-tax, meaning that less is paid on payroll taxes. That can be huge savings for an employer over time.
It also means being able to offer employees extensive benefits that can keep them around and also attract new, bright talent into the mix. It can be the solution that an organization has been looking for in terms of healthcare benefits.