Sign up for health insurance for your company and enjoy tax benefits

In addition to salary, health insurance for employees is one of the benefits most valued by a company’s staff. This benefit is even considered a factor in negotiating contract terms. Furthermore, taking out a company health insurance plan offers several advantages that go beyond the obvious recognition and motivation of employees. Find out what they are!

When purchasing group health insurance, the advantages extend beyond the benefits for the insured.

Did you know that you can deduct health insurance expenses on your income tax return and get attractive discounts by enrolling all employees in the same insurance plan?

Learn more Learn about this and many other benefits in just 2 minutes!

5 Benefits of Purchasing Group Health Insurance for Your Business!

There are several options available when a company decides to offer health insurance to its employees. It may choose to cover a certain percentage of the annual premium, pay the full premium, or offer a plan that allows for the inclusion of family members. It is up to the company to decide and negotiate the best terms.

Among the many advantages for companies are:

• A single policy allows you to cover all of the company's employees;
• The annual amounts spent on employer-sponsored health insurance premiums may be fully deductible for corporate income tax purposes;
• Business insurance policies tend to see a reduction in the premium amount;
• Helps reduce absenteeism from work;
• It helps improve employee motivation levels.

Find the best health insurance plan for your business!

The group health insurance plans offered by EXS Seguros are the result of a network of successful partnerships with various insurance companies, which provide the best plans tailored to each company’s needs.

This employee benefits plan is comprehensive enough to meet the needs of all company employees, and, since it is a health insurance plan that covers the entire team, it allows all employees to be included under the same policy, thereby offering savings on premiums. This makes it possible to negotiate a reduction in insurance costs without reducing coverage or benefits.

Another important aspect, especially from a business perspective, is administrative support. At EXS Seguros, we assist with the entire employee enrollment process to ensure that no time is wasted on red tape.

It is also possible to extend protection to employees by purchasing group health insurance for companies, which includes coverage for workplace accidents and multi-risk insurance related to property.

Learn how to choose the best health insurance for your company and employees!

When negotiating group health insurance for a company, it is important to assess the company, its industry, and the profile of its employees in order to find the plan that best suits the company’s characteristics and the needs of its employees.

That said, when shopping for health insurance, it is important to consider the following points:

• Plafond – Specify the amount to be made available under each coverage;
• Payment Terms – At this point, mixed insurance plans are the most common and include reimbursement-based plans and plans with a network of participating providers;
• Annual cap – Set the annual limit that each employee will have available for the various types of coverage included in the insurance policy;
• Determine coverage – At this stage, even though insurance companies offer pre-defined packages, it is possible to negotiate additional coverage.
• Evaluate the network of providers – If the company has employees in various parts of the country, it is important that the insurance company’s network of providers offer nationwide coverage.
• Negotiating grace periods –In business insurance, it is possible to reduce or eliminate the waiting period for certain types of medical coverage.

Offering an insurance plan to employees comes at a cost, but the benefits can more than make up for this investment.

Before purchasing insurance for your company, assess your team’s needs so you can find the most competitive and suitable coverage.