GroupHEALTH’s commitment is to give you the most cost-effective benefits plan -and to help you understand what’s driving the cost of your benefits. The cost of employee benefits always depends upon the coverages and coverage levels selected, and how the plan is used (claims) by employees. Because claims are such a significant factor in determining plan costs, GroupHEALTH specializes in plan features that help contain claims costs.
Though your plan design and claims experience will ultimately determine your plan costs, we often tell businesses to budget between $2,000 and $4,000 annually, per employee. This is based on both our own client base and independent research.