Leveraging buying power to keep costs down.
Insurance and benefits plans can be costly for companies that run smaller operations. G&A offers small- and mid-sized businesses access to high-quality employee benefits at affordable prices. By leveraging the buying power of our large client base, we keep employer insurance premium costs down so you can provide your employees the protection they need without placing undue stress on your bottom line.
Employee insurance options that rival big corporate packages—without the hefty price tag.
An excellent benefits package can go a long way toward attracting and retaining your best employees. In fact, many candidates rank employee benefits a close second to salary when considering a new position, and on the flip side, existing employees often strongly consider leaving a company if they receive an offer for a comparable job with a better insurance plan.
Prioritize the health and well-being of your employees
Medical professionals agree that workplace productivity increases when employees are healthy and have access to quality insurance plans and health care. By providing your employees with a full range of insurance options, including medical, dental and vision, you demonstrate a commitment to their overall well-being and help ensure a more loyal and productive workforce.
The PEO advantage
If your company looked into employee insurance plans in the past, it’s likely the options you were given carried expensive price tags and minimal coverage. When you enter into a PEO relationship, you gain access to the collective buying power of G&A. This allows us to negotiate on your behalf, provide you and your employees with high-quality medical, dental, and vision coverage at affordable rates, and administer the program for your company.
Finding cost-effective medical insurance that gives your employees access to quality care is an increasing challenge for U.S. companies. For small and mid-size organizations with little buying power, affordable medical insurance plans often carry high deductibles and offer little to no coverage for day-to-day care, and higher-quality plans with more comprehensive coverage are simply too expensive for employers and their employees. But it doesn’t have to be this way.
If you’re struggling to secure quality medical insurance at a price that makes sense for you and your team, G&A can help. By pooling tens of thousands of employees across our client companies, we’re able to flex serious buying power. This allows us to secure for your company the same coverage that Fortune 500 corporations offer—with a trustworthy carrier, at an affordable rate.
According to the National Eye Institute, approximately two-thirds of Americans use some form of vision correction, whether it’s glasses or contact lenses. Vision insurance helps to offset the cost of eye exams, lenses, and frames for your employees and their family members, and it provides another measure of relief in healthcare costs. Through G&A’s vision insurance plan, you can offer the following benefits:
- Two coverage options
- Low co-pays for annual exams and replacement of lenses
- Coverage of frames and contact lenses over a certain dollar amount
- Low monthly premiums for individuals and families
Without access to dental insurance, a rising number of people are neglecting oral healthcare. Dental issues have been linked to other medical conditions that, if left unchecked, can develop into larger problems. Providing your employees with affordable dental care means you’re potentially helping them to prevent serious health issues down the road. Through G&A, you and your employees have access to a top-quality, economical dental insurance plan that includes:
- Several coverage options
- Low monthly premiums for individuals and families
- Preventive care is 100% covered*
- Most basic treatments covered at 80% (minimum)*
Major treatments and procedures covered at 50% (minimum)
*Does not apply to DHMO plan.
A well-designed retirement plan that helps you attract and retain the best talent.
401(k) plans allow employees to save and invest their money using pre-tax payroll deductions. If you found the option of a retirement plan to be too expensive in the past, we can help make it a reality today. With a G&A-administered 401(k), you can offer your current (and future) employees the opportunity to take control of their retirement without breaking the bank. The benefits of a 401(k) plan through G&A:
- As a multiple employer 401(k) provider, we leverage our buying power to get you a Fortune 500-quality retirement plan at the best rates possible.
- To minimize fees and help your employees keep more of their money, we purchase shares of no-load mutual funds, reimburse certain fees, and grant access to shares from passively managed index funds.
- The fees on all funds are transparent and clearly disclosed.
Already have a 401(k) plan? Find out how it compares to G&A’s plan by requesting a free 401(k) cost comparison.
Make quality, affordable benefits a reality for your company and your employees.
Small and mid-sized companies don’t have to settle for less when it comes to employee benefits packages. With G&A, you have access to Fortune 500-level benefits at a competitive price.