Employer-Provided Health Coverage in Alabama Offers Undeniable Benefits – Yellowhammer News

Logan Z. Glass is an insurance agent and Republican youth leader in St. Clair County.

As Alabama families continue to navigate uncertain economic times and tighten their budgets accordingly, access to quality health care becomes increasingly important. As someone who has spent a lot of time working with employers to provide the coverage options that are best for them, I can personally confirm the value that employees and employers receive when offering quality coverage. And today it is crucial.

Employer-provided coverage consistently emerges as the cornerstone of many businesses. To be a permanent success tool that can enable companies to attract and foster talent, and of course, perhaps above all, to meet the needs of employees and their families.

Americans have more choice and control over their coverage than any other country in the world. Businesses and individuals benefit from a competitive marketplace offering a variety of choices and customizable offers. Employer-provided coverage facilitates high-quality care at an affordable cost.

Businesses large and small offer health insurance benefits as a commitment to the well-being and financial protection of their employees, with the aim of increasing productivity. In a highly competitive job market, providing comprehensive, cost-effective and forward-thinking health coverage is becoming a cornerstone of many companies’ strategies to attract and retain top talent.

In today’s economy, maintaining competitiveness and promoting good health is a common concern for businesses and workers.

Health coverage provided by the employer appears to be a solution, beneficial to both parties. From a business perspective, this type of insurance represents a financial boon. This helps generate a staggering gain $1.5 trillion to employees and employers, which proves valuable to a business and its workforce. This is reflected in how it increases healthcare costs, leading to better deals from hospitals and clinics. Financial indicators highlight its effectiveness: large companies, especially those with 100 or more employees, saw an estimate back around 47% on their investment in 2022, which is expected to reach 52% by 2026.

This mutual benefit also extends to individuals. People with professional health insurance often take advantage of its various benefits. With options like telehealth and prescription dispensing services at their fingertips, they can better manage their health, resulting in higher productivity and fewer sick days.

And the appeal of a good insurance policy doesn’t stop there. When looking for a job or deciding to stay, employees weigh heavily on their benefits. Research shows that almost 70% of them consider a good health plan to be a deciding factor in accepting a job offer.

I love my community and vigorously advocate for the continued success of our business sector here in Alabama. In my personal and professional life, I do everything in my power to ensure that our state continues to foster fertile soil to grow our economy. That’s why, through my experience working in the insurance field, I continue to recommend that the companies I work with have employer-provided coverage as part of their benefits package. Not only is it good for them and their employees, but it ensures that our local business sector thrives.