Pilkington Financial Services Explains the Importance of Employer Group Plans

Pilkington Financial Services strives to help Colorado employers and employees save money on health care. We offer them competitive deals on group plans to provide high-quality medical care for everyone.

One huge advantage for businesses is the tax incentives available for obtaining group plans. In the process, employees pay less money for coverage and will stay healthier. As a result, company productivity and profit continues to rise.

Group plans also make a way for each worker to obtain coverage that providers would have otherwise denied them. However, obtaining group insurance plans for employees also prevents legal problems. It stops businesses from potentially breaking the law when trying to take advantage of the Health Reimbursement Arrangement.

Significant considerations will determine whether or not individual plans are actually group plans. All Colorado employers who have questions about individual versus group insurance plans can contact Pilkington Financial Services