Want to leverage employee benefits for better recruitment and retention? Double down on your employee benefits package and education with Bravera Insurance!
A recent survey conducted by the Employee Benefits Research Institute (EBRI) showed that more than 75% of employees have a favorable view of their employers’ efforts to improve their overall well-being, which includes physical, emotional, mental and financial well-being. Bravera Insurance has access to multiple benefits plans for your employees and provides you with the education and guidance necessary to choose the best option for your business and staff.
While employee benefits can seem arduous, Bravera offers tools that will allow you to review, enroll and educate your employees with ease.Enrollment is Easy
Bravera Insurance offers an online benefits administration and onboarding platform complimentary to all group benefit clients. This platform allows 24/7 access 365 days a year and houses all benefits materials and plan information in one easy to access place.
Employees will be able to compare plan details, access their enrollment forms and complete the enrollment process electronically. This platform will grant you access to monitor enrollment for all employees without tedious and time-consuming paperwork.
Zero in on winning health benefit strategies
Amid the competitive push to attract talent, businesses are realizing the importance of benefits that can help employees better manage their personal budget and out-of-pocket health care costs.
Core health insurance benefits are the foundation of most employers’ employee benefits offerings. And there are a few things you could do to better enhance the benefits you offer to your staff:
- Offer a strong network of health care providers
- Provide robust prescription drug coverage
- Keep employees’ out-of-pocket costs low
- Offer low premiums
- Make the program simple to understand
While employee benefit plans can come in all shapes and sizes, such as high deductible health plans or traditional copay plans, Bravera Insurance has Advisors equipped to help you navigate plan types and additional options.
Did you know that employees enrolled in traditional copay plans prioritized low out-of-pocket costs for doctor’s visits above low premiums? Additionally, traditional copay health care plans outperformed high deductible health plans in terms of enrollee satisfaction. However, over time, the level of satisfaction with high deductible plans increases when offered for three or more years.
Your Bravera Advisor can work with you to determine what kind of plan would be the best fit for your business.
Other popular benefits and perks
There are other areas where employers can make strides, too. For instance, EBRI highlighted the following benefits and perks.
- Provides continuous education to employees regarding plan offerings and enrollment options
- Telemedicine, including access to mental health services, is a popular benefit offering
- Reimbursing remote workers’ expenses, when applicable
- Subsidizing or covering college tuition costs for employees
Stay ahead of the curve
No matter the benefits, it's important to give employees the tools they need to navigate the options available to them. EBRI's research showed that 80% of employees would be likely to use a complimentary program regarding benefit education. Partnered with a Bravera Insurance Benefits Advisor, you can offer the education your employees want.
With more employers vamping up their employee benefits package to meet the expectations of the current workforce, you want to be sure you are prepared and educated to attract and retain valuable employees.