Insurance Solutions: What would it mean if you could offer a competitive benefits package to attract top talent?
Deanna Serrano, Sr. Practice Services Manager
Did you know that a recent survey resulted in 55% of employees indicating health coverage was the most important in terms of job satisfaction?
Offering health insurance as an employee benefit is generally one of the simplest but most effective steps you can take to reward and attract talent. Health benefits can also deliver a range of benefits, such as increasing productivity, boosting morale, and helping shape a positive company culture.
Why is healthcare so popular as an employee benefit?
The short answer is healthcare is expensive. Countries like the United States spend about 3.5 trillion each year on healthcare expenses – a rate that is 12,300% higher than what it was in 1960. Paying for medical costs out-of-pocket is usually out of the question for most employees, at least without taking a massive hit to any savings they might have.
Look no further, we have partnered with Mylo to offer health, dental, life and business insurance benefit solutions.
Insurance Solutions is a concierge service offered to all our Inner Circle members and Mylo’s proprietary software provides access to over 200 insurance plans across the country. Mylo will shop for the best priced insurance solutions and can provide a quote within 2-3 days. Typically, shopping for insurance benefits is inconvenient and trying to wade through the multitude of plans available is time consuming, not to mention, overwhelming to a practice owner.
Mylo makes it easy and does the shopping and plan comparisons for the members. All that is required is basic census information from businesses to help Mylo start shopping. Each member will be assigned their own benefits advisor who will help them make the best decisions for their employees.
Practices can be confident they are making solid decisions regarding employee benefits, which will have a long-term, positive impact on the practice and improve employee satisfaction.
Check out Insurance Solutions on the Inner Circle Dashboard. Click Improve Business Operations and add to the shopping cart.
Deanna Serrano, M.B.A., M.S. joined Phonak in 2013 and is the Sr. Practice Service Manager for Sonova. She has held various positions over her 20+ year career in the hearing healthcare industry in management, practice development and sales. Deanna’s passion is to provide an exceptional customer experience for our Inner Circle members. When Deanna isn’t busy with practice services, she is outside kayaking, golfing or listening to an outdoor concert.