How a Dallas Group Health Insurance Agency Helps Texas Small Businesses Put "Fairness" Into Company Group Health Plans, Saving Big Bucks for the Company and Employees

The upside to Group Benefits Advisors' Wellness Driven Health Plan is that small businesses end up with lower health insurance premiums, a lower inflation on their medical insurance premiums, and a healthier workforce with better productivity.  Employers who implement this plan realize a return of four dollars for every dollar spent on employee wellness. 

Typically, a company of fifty employees and twenty spouses on the group health plan can cut their premiums by about $150,000 annually, and experience half of the rate increase they might otherwise experience.  But studies have shown that companies show even greater savings by reducing absenteeism, and "presenteeism," which is a word coined to describe an employee who shows up for work but isn't productive because they are distracted about a personal or family member's health issue.

In Earl's company, this increase enabled him to avoid a layoff of a portion of his workforce and outsourcing work to other countries. It helped his company be more competitve in the marketplace.  And it also allowed him to do something positive to help two valuable employees' health. 

Jack and his wife have completed a smoking cessation program, and when they have been tobacco free for twelve months, will be reimbursed and rewarded.  Jim and his wife have both slowly lost weight, and have enrolled in a light exercise program at their YMCA.  Jim's wife has started getting compliments on her progress by her friends, and is looking forward to a new wardrobe. 

Both employees knew that they needed to do something drastic to improve their health, and are grateful that Earl gave them an incentive to do something about it. Other employees have taken hold of the Wellness Driven Health Plan, plan and are encouraging each other in their quest for healthiness.  A few other employees who smoked or were obese did not buy into the program, and left the company during the last year, in hopes of finding another company that offered a benefits plan that did not treat them differently than other employees.  The employees who have stayed with Earl know that they've got a great benefits plan, and an employer who cares enough to help them get healthier.

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For  more information about Group Benefits Advisors'  Wellness Driven Health Plan, and for businesses in Dallas Fort Worth Texas to receive a no obligation consultation of their employee benefits plans, contact Mike Chapman at (214) 764-6315 or (999) 398-6246.