How to Attract Top Talent With the Right Health Benefits

How to Attract Top Talent With the Right Health Benefits

Healthcare benefits are important, and for many people, having benefits they can depend on is one of the primary reasons for taking a job. If you own a business, you will have to offer healthcare benefits to attract the top talent in your industry. If you don’t offer industry-standard benefits, you risk driving away loyal employees and losing the talent you’ve worked so hard to attract. When working with a Medicare health insurance broker, or any other type of health insurance broker, they can help you understand how to attract and retain talent by offering the right
group health insurance benefits.

Keeping and Attracting Talent With Healthcare Benefits

Attracting and maintaining talent is one of the top concerns for businesses of all sizes. If you want to attract and keep excellent workers, you must know what they want and expect from your company. Health insurance is one of the key benefits of having a job, and if you want to please potential job seekers and your current employees, you must offer them benefits to show you care about them and are concerned about their well-being.

Offering comprehensive, competitive health insurance benefits is one of the best ways to keep and attract the best employees, especially if you are a small business on a tight budget. It may not always be possible or financially feasible to offer the highest wages possible, but if you offer good health benefits, you could offset this potential problem. It is important to keep in mind that job seekers consider both their regular salary and employer-provided benefits when deciding whether to take a job. In other words, by offering great benefits, you can entice exceptional workers to join your team.

See also  Biden's Call for Mental Health Coverage Sparks Legislative Push - Bloomberg Law

Types of Health Benefits

There are three primary “health benefits” typically offered by employers. Health insurance covers the majority of medical expenses, but you should also be sure to offer dental and vision insurance as well. Here is a breakdown of the three primary types of health benefits:

Medical Insurance – This type of insurance is frequently referred to as “healthcare” or simply “health insurance.” When a person sustains an injury or contracts an illness, this insurance pays for a portion of their medical care. There are multiple levels of coverage, and when choosing a plan, you must consider the many costs associated with the plan, such as the deductible, copays, and coinsurance. Medical insurance is the most expensive type of health benefit, especially when employees must pay for it themselves.Dental Insurance – Most medical insurance plans do not over dental coverage. Employees must take care of their oral health, and for most people, paying for dental care out of pocket is simply not possible. Compared to medical insurance, dental insurance is relatively cheap and easy to add to an employer-sponsored health benefits package.Vision Insurance – Like dental insurance, vision insurance is low in cost and necessary for many employees. Vision insurance typically covers eye exams, glasses, and contacts.

What to Consider When Choosing a Plan

Once you have an understanding of key health insurance terms, such as deductible, coinsurance, and copay, you can start comparing plans. Consider the following factors when choosing a plan for your employees.


In general, the more expensive a plan is, the wider the network of medical professionals and facilities your employees will have access to. Having an extensive network can be highly beneficial if you want to attract top talent with your health insurance plan. Extreme limitations on where an employee can seek care and who they can seek care from can turn potential employees off.

See also  Medical provider billed nearly 5x what Insurance EOB states I owe


Do you have an in-depth understanding of all the costs associated with health insurance? The higher the deductible is, the lower the premium will be. On the other hand, the lower the deductible, the higher the premium will be. Potential employees will also be looking for low copays.


What does each plan cover and what is excluded? If your health plan has a significant number of exclusions or doesn’t provide the benefits most employees seek out, you may have trouble attracting talent.

Talk to a Medicare Health Insurance Broker

If you are ready to choose a plan that will attract the best workers in your industry, Sackett & Associates Insurance Services is here for you. Our brokers understand the world of health insurance and we are more than confident we can help you find the right plan or
benefits management software for your business. Talk to a Medicare Health Insurance Broker today to
learn more.