Employee Benefits and Group Health Insurance in 2024
(coverage available in all 50 states)
Your FundingTree provides growing businesses with business funding solutions, and we offer owners budget-friendly employee benefits and group health insurance plans. When you work with us, you will be introduced to the best insurance companies in the country that work with businesses of all sizes and in every industry.
Choose the Best Group Health Insurance for Your Employees
We have always been here to help you secure the funding to start or grow your business. But what some people do not know, is that we can connect you to much more than just business financing. In addition to financing, we offer a multitude of personal and business services such as employee benefits and group health insurance to help you better manage your business and protect your employees.
Let us help you find the best health insurance for your company. Whether you are looking for health insurance for a small business or want to reduce the cost of health insurance for hundreds of employees in multiple departments, we can help.
Attract Employees with Employee Benefits to Match Every Budget
In today’s competitive business world, employee benefits are a must. Finding benefits to attract high-caliber employees at cut-rate prices that you can afford can be a challenge for any business.
That is where Your FundingTree comes in.
We offer affordable, high-quality employee benefits for companies of every size so you can maintain your company’s competitive edge without breaking your budget in the process.
Running a successful business can be challenging, and today’s tight labor market has made it increasingly difficult to maintain a staff of qualified employees.
By offering employee benefits and group health insurance, you will be giving your business an edge in the race to compete for top talent.
Your FundingTree is dedicated to helping business owners attract, retain, and protect their employees by providing businesses with affordable employee benefits, including group health insurance.
We will not try to lure you outside of your financial capabilities. Instead, we will help you choose the right employee benefits to fit your budget. You will get the best employee benefits at a price that you can afford.
Choose from a Wide Range of Employee Benefits and Group Health Insurance Plans
We know that there is no one-size-fits-all combination of employee benefits for companies. That is why we allow businesses to choose from a wide range of benefits so they can create a customized employee benefits package that matches their exact needs and budget.
From group health insurance to retirement plans, Your FundingTree has your company covered. Our insurance providers can help you find the perfect set of employee benefits, whether your business employs hundreds of workers, or your business is a start-up with only a handful of employees on payroll.
We have plenty of options to choose from so you can create a custom combination of employee benefits that would please even the pickiest of employees. Aside from the standard group health and life insurance plans, we also offer additional health benefits as well as retirement plans, and more.
Our employee benefits and group health insurance plans include:
- Fee-for-Service Plans (FFS)
- Health Maintenance Organizations (HMO)
- Point of Service Plans (POS)
- Preferred Provider Organizations (PPO)
- Group Medical, Dental, and Vision
- Long-Term Disability
- Short-Term Disability
- Group Life Insurance
- Long-Term Care
- Retirement Plans
- Medical Savings Accounts
- Group Prescription Drug Coverage
- Pension and 401(k) Plans
- And more…. just ask us!
Additional Group Health Insurance Plans to Consider
In addition to basic group health insurance, many employers choose to provide added protections. These may include job-protected leave or FMLA, COBRA insurance, prescription drug coverage, medical savings and spending accounts, short- or long-term sickness or disability insurance, group vision insurance, group dental health coverage, and other types of health benefits for employees.
Today, many employers also offer incentives to help keep employees physically healthy, such as fitness programs, gym memberships, healthy dining options, group exercise classes, diet and nutrition counseling, and other wellness benefits. These are designed to help employees stay healthy, which in turn reduces turnover rates, sick leave, and eliminates or reduces the consequences caused by staff illness.
Your All-In-One Resource for Business Solutions of Every Kind
At the cornerstone of what we offer is the desire to help your company grow. Our business funding options have helped start or expand hundreds of successful companies.
If you need a business loan, let us help you find the right type of funding to fit your needs. Choose from a large selection of financing, including accounts receivable financing, asset-based loans, SBA loans, term loans, and more.
Whatever your business’s financial situation is, you can feel confident that we can help your company get the funds you need. We have funding options available for businesses in growth mode to start-ups and we work with all industries!
Group Health Insurance Plans
We are here to not only help you grow your business with business funding, but also to support you in managing and protecting your business with employee benefits and group health insurance. By helping your employees protect themselves and their families, you will increase employee satisfaction by making them feel valued and secure. Certain coverages also offer potential tax advantages which may benefit your business.
Be Creative when Offering Employee Benefits and Group Health Insurance Plans
Employee benefits include all the non-wage benefits (such as paid time off, flextime, insurance, retirement benefits, etc.) provided by an employer.
Depending on your geographical location and number of employees, some types of employee benefits are mandated by law, including pay at minimum wage, overtime pay, job-protected leave under the Family and Medical Leave Act (FMLA), workers’ compensation coverage, and even group health insurance.
We can help you determine what you are legally required to provide your employees according to your state’s law. Or, we can help you create a highly competitive employee benefits package to help attract employees within any industry. Whatever your needs, you can count on Your FundingTree.
Other Things to Consider About Employee Benefits
Some businesses may decide to offer some other types of employee benefits that are not mandatory by law for them to provide. Also, not all employee benefits are necessarily available for all employees. Often, more benefits are provided to full-time employees (especially those in management positions and those who have earned a long tenure with the company), while fewer benefits are provided to newer employees and part-time employees.
When an individual is seeking a job, he or she can request certain benefits during the job interview. The prospective employee can negotiate this as part of their compensation package when and if they are offered a new job.
Mandated Employee Benefits
Employers must pay a matching amount of the following taxes:
- Social Security Tax
- Medicare Tax
Additional Required Payments by Employers
- Minimum Wage
- Overtime Pay
- Federal Unemployment Tax
- Workers’ Compensation Insurance
Many Employers must also provide:
- Job-Protected Leave (FMLA)
- Group health insurance
Non-Mandated Employee Benefits
Employers are not mandated on any of the benefits that will be listed in this section. Companies may decide to offer these because they feel socially responsible for their employees and opt to provide more than what is required by law.
These benefits may vary and may include group health insurance (non-mandated for businesses with fewer than 50 full-time employees), paid vacations, sick leave, childcare, fitness programs, retirement plans, life insurance, dental insurance, vision care, legal protection, and other optional employee benefits. These are offered to employees and are sometimes offered to employees’ families as well.
According to the Bureau of Labor Statistics, the average number of paid holidays each year ranges from 8 to 17 days, depending on occupation and years of employment. The average number of vacation days each year ranges from 10 to 23 days, again depending on occupation and years of employment.
Also, according to the Bureau of Labor Statistics, 51% of private industry workers had access to defined contribution retirement plans through their employer. An additional 13% had access to both defined benefit and defined contribution retirement plans by their employer, while 4% of private industry workers had access to only defined benefit retirement plans.
Employers will Benefit from Offering Employee Benefits
Providing non-mandated employee benefits helps your company maintain high-quality workers. Aside from reducing a business’s employee turnover rate, offering extra benefits has the potential to boost workplace morale. This could encourage staff loyalty to the company, and help business owners build positive relationships with employees and their families.
Employee benefits are one way that employers can let their employees know that their hard work is appreciated. Some benefits, such as group health insurance and workers’ compensation insurance, can help employees feel protected, both at work and during their time off.
Giving employees the opportunity to spend time with their families on holidays or the option for extended leave when they bring home a new baby is becoming the norm for many businesses across the nation.
It is important that companies find ways to help their employees feel valued. When workers feel appreciated, it has the power to decrease the number of days an employee might miss, it can increase employee production rates, and reduce tension within the workplace.
Applying for Employee Benefits and Group Health Insurance
Call 704-904-0774 or email us today to begin the application process. If you prefer, you can also complete our 90-second application that is available on our website.
If you choose to contact us via email or through our website’s application, a representative will be in touch soon to discuss your business’s needs and options.
A representative will pass your information along to our network of employee benefit and group health providers. Within a few hours, you can expect to be contacted by multiple insurance companies that offer the type of coverage you are looking for.
Once you have had the opportunity to compare your options and have decided which insurance company you want to use, you will be asked to complete any remaining paperwork or additional requirements necessary to receive final approval from the insurance company.
It is possible that in as little as one week’s time, you could have a new benefits package in place to offer your employees
Employers will Benefit from Offering Employee Benefits
Many people want to know how much our services cost prior to beginning the application process. When you apply through Your FundingTree, there is never a fee for our services. We will connect you with the best employee benefits providers, finance companies, and other business service providers at absolutely no charge to you.
Are You Ready to Discover the Ways Employee Benefits and Group Health Insurance Can Better Serve Your Business?
When you work with Your FundingTree, you will be connected to the best insurance companies in the country. We work with all businesses of every size and in all industries.
There has never been a better reason to submit your application with Your FundingTree! Or call 704-904-0774 to speak with a representative!