Group Health Benefits

4 Reasons Grocers Choose SMB

Employee Benefits Tailored to Your Grocery Business & Workforce

Group Health Benefits

Attract Top Talent · Comply With ACA · Manage Benefits Expenses

A Simply Better Way

You Face Tough Choices

The impact of employee benefits on your profitability is growing.

  • Quality benefits are a "must have" to attract and keep a talented workforce
  • The sharp rise in health insurance costs compounds the challenge
  • Plus, many small-medium businesses must comply with COBRA and ACA requirements

And, you may be frustrated with the traditional approach to evaluating, selecting and managing health benefit plans.

  • It takes time, money and personnel to carefully evaluate the extensive group health insurance options
  • This adds to the costs and frustration

Faced with escalating competition for top talent, compliance risks and employee health benefits costs, small-medium businesses are searching for a new way to address these competing priorities. The right health benefit plan can help.

But, many business owners are frustrated with the traditional approach to evaluating, selecting and managing health benefit plans. And, it takes time, money and personnel to carefully evaluate the extensive group health insurance options - adding to their costs and frustration. Small-medium business owners are searching for a better way.

Get an Easy, Valuable, Affordable Benefit Plan

An approach like SMB Benefits Advisors (SMB) customer-focused model offers small-medium businesses a simpler way to effectively evaluate, select and manage their group health benefits. SMB's service includes a Personal Employee Benefits Concierge - a real person, who understands business, HR compliance and healthcare regulations - and who is qualified to help you evaluate, select and manage a plan to meet your objectives.

Start with What's Most Important to You & Your Employees

Choosing the right group health plan, starts with pinpointing the priorities of your business and those of your employees. When you work with SMB, you'll be assigned a Personal Employee Benefits Concierge who can help guide you to make an informed choice and reduce the drain on your resources.

3 Questions to Help Pinpoint Needs & Priorities

  1. Who will be covered under the plan?
  2. How Much cost-sharing can you & your employees afford?
  3. What kind of benefits are most valuable to you & your employees?

Explore Options & Get Quotes

Making the most of your group health plan investment means identifying the options that will be the best fit for your situation. A licensed agent like SMB can save time and obtain quotes from top insurance companies with plans best suited to your priorities.  SMB is licensed to sell group health insurance and other employee benefits in a variety of states.

When you work with SMB, your Personal Employee Benefits Concierge will work with you every step of the way to provide

  • Customized quotes from top carriers with plans that fit your needs
  • Useful comparisons of plan benefits and rates
  • Unbiased help from a licensed agent via phone, email or online chat
  • Ongoing support after you purchase a plan helps you manage your policy and advocate with the insurance company

Evaluate Alternatives & Choose a Plan

Companies like SMB can help you evaluate your options and choose a plan.

When you work with SMB, your Personal Employee Benefits Concierge will walk you through important criteria to help you select the plan that best meets your needs.

4 Tips for Choosing the Right Plan

  1. Select only the health benefits that are important to you and your employees

  2. Pick a plan that fits with the budget needs of your business and employees

    Considerations: cost sharing between employer and employees; monthly premiums; deductibles; co-payments and cost-sharing. If your top concern is a low monthly premium, consider a high-deductible plan.

  3. Review industry ratings and any preferences for certain brand-name carriers

    Industry rating example: AM Best ratings for carriers reflect AM Best's analysis of a company's credit rating and ability to pay claims. SMB can help you obtain the AM Best ratings for the carriers you are evaluating.

  4. Think about dental, vision or other types of coverage you want to offer

  5. Specialty benefits:  Will the health insurance plans you're evaluating allow you to add dental, vision or other specialty benefits to your medical coverage instead of having to purchase them separately?

Apply for the Plan You've Selected

Once you've chosen the group health plan that fits you best, companies like SMB will walk you through the application process - helping you avoid last minute surprises and re-work. For example, you may need to confirm the dates of birth and ZIP codes for employees.  

Enroll Employees & Dependents

Once you've received the official documents from the group health insurance provider confirming start date of your coverage, you'll need enroll employees and dependents in the new plan.

When you work with SMB, your Personal Employee Benefits Concierge can walk you through the enrollment process. They will help you ensure that all the necessary documents and information are collected and provided to your group health insurance provider - to make sure that everyone is enrolled.

Get Support All Along The Way

SMB stays with you every step of way - even after you purchase your health plan. Your SMB Personal Employee Benefits Concierge is there to help you with the details including:

  • Questions or concerns not addressed by the insurance company
  • Adding or removing covered persons
  • Changes to benefits or monthly premiums
  • Open enrollment

Additional Group Health Benefits Resources

2016 Employer Health Benefits Survey
http://kff.org/health-costs/report/2016-employer-health-benefits-survey/

Kaiser Family Foundation/ Health Research & Education Trust
http://kff.org/health-costs/report/2015-employer-health-benefits-survey/

Group Health Benefits Check-Up

Chris Cooley, SMB Benefits Advisors, 877-946-7637 ext 108, ccooley@smbba.com