Group Benefits Plan and Company Benefits

Employee Benefits PackageWhether you are setting up a new benefits program, managing it or modifying an existing one, Great West Insurance Services helps you to:

  • Develop a group benefits plan with the right mix of plan benefits and make recommendations for improvement
  • Explore the right funding methods that balance needs and risk tolerance
  • Educate employees on plan benefits
  • Make administration seamless for HR
  • Handle any employee claims that arise

We review, implement and guide you on creating the right offering of benefits that attract and retain employees while balancing your bottom line including:

  • Medical plans
  • Dental plans
  • Prescription drug plans
  • Life insurance
  • Vision insurance
  • Employee assistance programs
  • Long-term care
  • Travel accident insurance
  • Voluntary benefits
  • Short- and long-term disability

Why Offer Group Benefits Packages?

Employers offer benefits for a variety of reasons, typically to:

  1. Maintain a competitive edge in the job market by attracting and retaining employees, which helps minimize costs associated with higher turnover.
  2. Access insurance at a reduced cost since compared to most health and dental individual insurance plans. Group plans do not discriminate, offering all participants the same benefit plan.
  3. Have a cost effective method to protect employees and realize increased productivity and higher morale by providing financial security and support to employees.
  4. Enjoy a tax effective form of compensation, since most premiums and employer pays are tax deductible as a business expense.

Contact us today to review your current group benefits plan or develop a new one and let us provide streamlined, cost effective solutions that will meet the needs of your business.