Group benefits: Why your company should offer accident insurance

With the rising costs of many medical plans, one way small businesses can offer relief to employees is with group benefits – namely, accident insurance.

With affordable group benefits rates, accident insurance can be a real help to employees while not being a financial burden to small businesses.

Group Benefits

How does it work? Its simple. A small business can add accident insurance to its benefits package, which will help employees with out-of-pocket medical expenses (deductibles, copays etc.) if they are in an accident, like a slip-and-fall, a car crash, or some other injury-causing event.

The fact is, accidents happen and they can be financially devastating as well as physically painful and time-consuming. And in this global pandemic, there could be new ways your employees could become injured.

Accident insurance can help with all that, covering plan holders for common injuries like fractures, burns and eye injuries and helping cover the costs of ER bills, medication, hospitalization, chiropractic care and physical therapy.

Let’s face it: Many health insurance plans have made higher out-of-pocket costs a reality for many Americans, and offering group benefits like accident insurance is one way for your small business to stand out – without greatly increasing costs!

It can help attract and retain employees – or even help them get back to work faster. It could also help prevent future issues down the line, if proper treatment and rehabilitation is possible because of this benefit! Your employees will thank you.

A happier, healthier workforce is more productive, right? Right.

Skip Ivery Agency

At the Skip Ivery Agency, we can help your small business figure out a group benefits package that can offer an advantage over your competitors. We can help you with supplementals like dental, vision, group life and accident insurance. Contact us today. We’d love to meet you.