By providing employees with group benefits that meet their needs, Dowd can help your business reduce turnover while keeping your staff healthy. The Dowd Agencies will identify your very specific group needs and work on your behalf as an insurance broker. We'll shop highly rated carriers and combine plans to build a package that works for your employees.
Small Group Benefits and Large Group Benefits
In Massachusetts, businesses with 50 or fewer employees are eligible for small group benefits, while businesses with more than 50 employees are eligible for large group benefits. The professionals at Dowd can help in either situation.
Regardless of size, group health insurance plans usually offer managed care plans, such as preferred provider organizations (PPO health insurance), health maintenance organizations (HMO), and point of service (POS insurance), or indemnity plans like fee-for-service (FFS) options. Our group health insurance plans will provide your business with options.
Captives
A captive health insurer is completely owned and controlled by those it insures—a form for corporate self-insurance. When creating captive insurance, the primary goal is for a company to meet the specific insurance needs of their business while working outside the commercial insurance marketplace. The Dowd Agencies can help you create a captive insurance company that’s right for you to insure against specific risks or create tax savings.
Group Retiree Medical Plans
Dowd can also help your company implement a group medical plan for your eligible retirees. We can help establish a benefit plan that rewards your longtime employees with the coverage they now require, providing benefits for you and your loyal workers.
Thriving businesses know the importance of providing health insurance to employees. Contact us to customize a plan today.
What are the Benefits?
Adding retiree group plans is an expense for business owners, but one that can easily be recouped. We can find a plan for your business that integrates with group Medicare, which is another available option that companies can provide their former employees.
Thriving businesses know the importance of providing health insurance to employees. Contact us to customize a plan today.