Prioritizing the health of your employees improves the wellness of your company

Studies rank health coverage as the most important benefit to employees. A SHRM Employee Benefits Survey shows that 88% of respondents said that health-related benefits were at the top of their priority list.

Health benefits can help your company thrive

• Recruiting. Good health benefits will help you attract the best workers. The benefits package is often a top consideration when highly sought-after candidates are deciding which positions to apply for, or which job offer to accept.
• Employee retention. When you invest in good health benefits, your employees are more likely to want to stay with your company. This is especially important now, when low unemployment rates make it easier for the best talent to switch jobs.
• Job satisfaction and morale. Employees perform better and go the extra mile when they feel valued by their company. Health benefits can play a big role in demonstrating that you appreciate and care about your employees.
• Productivity. People who have good health benefits are more likely to receive preventive care and treatment than those without it. Healthier employees perform better on the job and take fewer days off work.
• Tax incentives. Health benefits are a significant tax advantage, as you can deduct the cost of employer-sponsored health insurance as a business expense.

Allstate Benefits' Self-Funded Program can help

Our self-funded plan designs are a great choice for small and mid-sized employers who are looking for ways to take control of their health care costs. We can find a plan that suits your needs, whether you need coverage for 2 or 500 employees.

With the Allstate Benefits Self-Funded Program, you have one predictable monthly payment¹ that is split three ways:

1. Claims fund - Your contribution to the claims account is determined upfront and is guaranteed not to increase for a full year as long as there are no changes to your group's benefits or enrollment.
2. Stop-loss insurance - If your group's claims are higher than expected, stop-loss insurance protects your business's assets.
3. Administration - All day-to-day administration of your self-funded plan - including claims processing and customer service - is taken care of for you, so you're free to focus on your business.

Employers may even get a refund in years when claims are lower than planned. If your group's claims are lower than expected, you may get a refund of a portion of the difference at the end of the plan year.²

Self-funded features include:

• Flexible deduction options.
• Coinsurance from 50% to 100%.
• Dedicated account manager.
• First-dollar coverage for preventive care.
• Access to national PPO networks.
• Excellent member services.
• A telehealth service that can save you money.
• Valuable add-ons, such as a wellness program and dental and vision plans.

We offer fully insured plans, too

If a traditional major medical plan is more your style, Secure Choice fully insured plans are a great option. Secure Choice is a robust health benefits plan for small businesses (50 or fewer employee members) that is available in Florida, Indiana, Missouri, Texas and Wisconsin.

With Secure Choice, you can choose the plan level that best fits your needs. The gold-, silver-, and bronze-level plans correspond to coverage rather than quality of care. For example, gold-level plans have the highest monthly premiums and the lowest out-of-pocket costs, such as deductibles and copayments.

Secure Choice offers:

• Convenience. It's easy to select a plan that best meets your company's needs.
• Less risk. You pay your premium and we take care of the rest. All claims risk is assumed by Allstate Benefits.
• Stability. We are a knowledgeable, experienced and trustworthy carrier with more than a decade of experience in the small to mid-sized business market.
• Guaranteed renewal. As long as you pay your premium, we will continue to renew your plan.

All of our plans include preventive coverage that aligns with Affordable Care Act requirements.

Contact a Group Health sales executive to learn more about how Allstate Benefits can help your company and your employees.

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