Many companies are starting to realize the benefits of offering health insurance to their employees. However, fighting the costs of insurance will always be a battle for these small companies. Statistics show that companies of 25 or more employees offer insurance to their staff more than 85 percent of the time. Quality benefits, especially health insurance, is a great way to retain and attract high quality employees for companies. Many employees in this tough economy, where wages have not been increased as much as they like, rely on employee benefits to keep them happy at their job. The other benefit of offering health insurance to your employees is that their is no medical underwriting with group insurance. Employees do not have to worry about pre-existing conditions or whether they will be approved for health insurance.
There are some qualifications that a company must meet before health insurance carriers will offer them insurance. For instance, companies have to contribute a certain percentage to the plans and also, a certain amount of people have to participate before the company can offer the insurance. Group health insurance is often cheaper and has better benefits than individual health insurance.