Attracting and retaining top talent in 2025 means offering health benefits that employees value—without putting a strain on your bottom line.
The good news? With the right strategy, small and mid-sized businesses can offer competitive employee health insurance plans that support your team and your financial goals.
Why Health Benefits Still Matter
Health insurance remains one of the most sought-after benefits for employees. A strong benefits package not only boosts morale but also plays a major role in recruiting and retention. In fact, surveys show that over 60% of employees consider health coverage a deciding factor when accepting a job offer.
Top Strategies for Affordable, Competitive Coverage
1. Explore Level-Funded Health Plans
Level-funded plans are becoming a go-to solution for small businesses. These hybrid plans offer the predictability of fully insured plans with the cost-saving potential of self-funding. If your group has relatively healthy employees, level-funded plans can significantly lower your premiums.
2. Offer Multiple Plan Options
Letting employees choose between high-deductible health plans (HDHPs), PPOs, or HMOs gives them flexibility and can control costs. Pair HDHPs with Health Savings Accounts (HSAs) to offer value without high monthly premiums.
3. Leverage a Benefits Broker
Working with an experienced insurance broker like ABG Insurance and Benefits Group gives you access to multiple carriers and plan designs. We can negotiate better rates, simplify compliance, and help structure a plan that balances coverage and cost.
4. Educate Employees on Plan Use
Many employers overlook the value of employee education. Helping your team understand how to choose the right plan and use it effectively can reduce overutilization and lower overall costs.
5. Consider Ancillary Benefits
Supplemental benefits like dental, vision, life insurance, or wellness programs are affordable ways to round out your package. These add-ons are highly valued by employees but are typically low-cost for employers.
What’s the Right Solution for Your Business?
Every business is different. Your workforce demographics, industry, and budget all influence what kind of benefits package makes sense. At ABG Insurance and Benefits Group, we help businesses across Arizona find smart, sustainable health insurance solutions that keep both employers and employees happy.
Ready to explore affordable, competitive health plans? Request a free benefits consultation with one of our experienced advisors today.
Final Thoughts
You don’t have to choose between protecting your employees and protecting your budget. With strategic planning and expert guidance, you can build a health benefits package that supports your business goals and gives your team the care they deserve.
Need help reviewing your current plan or exploring new options? Contact ABG Insurance and Benefits Group in Phoenix, AZ to get started.