As you grow your business, your benefits plan should grow too. And as the world changes, and your employees change, your employee benefits should respond well to those changes.
Here are four components that make an employee benefits plan progressive:
A plan that gives your business and its employees that same list of coverages and services as it did a decade or more ago is a plan that has lost its relevance – and therefore its value. Remarkable advances in employee health, wellness, services and treatments occur regularly: your plan should reflect that.
GroupHEALTH plans are regularly being evaluated and upgraded with new services like virtual healthcare, new mental health programs through LifeWorks, and new employer services like Workers Compensation Board review, and more.
Often plans that are struggling with soaring costs are suffering from poor plan design, or lax plan management, or both. Renewals become painful annual ordeals, and the sustainability of the plan is a constant worry.
GroupHEALTH is focused on optimizing plans to support sustainability. We target the biggest cost drivers for employee health benefit plans, and review and manage them on an ongoing basis to deliver a plan that is right for you.
Building flexibility into a modern employee benefits plan isn’t just about what’s being covered, it is also about building flexibility into the plan structure so that as the company grows, the plan can grow with it. Having options to expand benefit offerings with increased budgets, and quick solutions to challenges, is key to a progressive plan.
GroupHEALTH clients receive a comprehensive and flexible plan that grows with your company – one that can grow not only with your business, but with new coverages, services and technology.
The modern employee benefits plan embraces technology and uses it to improve the employee benefits experience and increase plan efficiencies. We live in a technological world: your benefits plan should take advantage of modern tools.
At GroupHEALTH, we believe that technology can make things better for plan sponsors and plan members. Tools like our easy-to-use online platform automate key duties and day-to-day tasks to save time and money. You can also break down plan costs and usage in ways that make sense for your company.