Here's Why You Should Consider Group Vision Insurance for Your Small Business
With the world’s attention focused on the coronavirus, it can be easy to overlook other, less trending health issues such as our eye sight.
We tend to neglect our eyes until we experience serious discomfort, even though we rely on good vision now more than ever. But with the steeper costs of healthcare, you likely overlook vision insurance and its benefits altogether. After all, why dig a deeper hole into your pocket for something you can do without, right? Wrong! Vision insurance can be incredibly beneficial to you and your employees. Offering your staff vision insurance is a great incentive for them to go get their eyes checked out - which is a much needed check-up considering how much business is carried out online today.
There are several benefits in giving vision insurance to your team, mainly being that it’s relatively inexpensive and it encourages your employees to visit the eye doctor (since they won’t have to cover the costs on their own). It can be a powerful retention tool for employees who value these benefits.
With various kinds of group vision insurance available to you, it’s crucial to you to pick the right fit for your business. Vision insurance plans are generally designed to cover routine preventive eye care, from eye exams to eyewear. The only differentiating factor is how it is offered to your employees. You can choose between two methods of providing group vision insurance:
Vision Benefits Package: In exchange for an annual premium or membership fee, a yearly deductible, and copayment, each of your employees will be able receive extensive vision care.
Discount Vision Plan: Your employees will receive vision care at a fixed reduced rate after paying the annual premium or membership fee and deductible.
Both of these options can be customized to meet the needs of your business and your employees. Further, you can give your staff the option to pay for this benefit through an automatic payroll deduction or Flexible Spending Account (FSA). Your options are varied and nearly limitless - but to make the right choice, have a chat with one of the experts at NY Small Health and find out how to keep your team healthy and safe.