If you have a growing business, you know that there are many administrative tasks you need to do to keep your business going. Trying to navigate the health insurance market can be tedious and time-consuming. This is especially true because the law on affordable care has changed the health insurance market.
Joining a Professional Employers’ Organization (PEO) is one way to simplify the process of finding a health plan for your business. However, different PEOs offer different options for you and your employees. This means that finding the right PEO can replace finding the right health plan.
If you need help finding a PEO that provides the right health plan for your business, contact NetPEO today. As a PEO broker, we are here to help you find the right PEO for your business. Even if you have not been lucky at PEO in the past, NetPEO is committed to ensuring that you are completely satisfied with your other PEO partner.
Understanding the Role of a PEO
PEOs are companies that work with small and medium-sized businesses to outsource human resources functions. Instead of managing your salaries, benefits, and compliance yourself, you can delegate these tasks to the PEO. How much you spend depends on the needs of your business and what services PEO offers.
If you work for PEO, you sign a collective agreement with the company. As a result, PEO is a listed company for your employees. This will affect the company name on your employees’ salaries and their tax records. That doesn’t mean you lose control of how you run your own business.
PEO Health Plan
If you have already signed an employment contract, your employees have access to the same health package offered by all employers who have signed an employment contract with the PEO. This means that your employees have access to healthcare packages, which are often very expensive for most SMEs. With so many employees at risk of becoming ill, every insurance company can offer their plans at a higher competitive price.
However, the health plans available to your employees depend on the PEO with which you are involved. Depending on the size of the PEO and the decisions they make, you may not be completely satisfied with the available health plan options.
The Importance of Finding the Right PEO
Making your employees happy is an important step in reducing turnover, as job satisfaction can affect whether employees stay with you or leave with another employer. If you join a PEO that offers a health package that does not meet the needs of your employees, you can look for a new employee.
Finding the right PEO can be painful. According to NAPEO, you have almost 1000 options when it comes to potential PEO partners. Making sure you find one that provides the right services for your business, including a health plan that suits your needs can take a long time.
NetPEO is here to simplify the process of finding a PEO partner for your growing business. Rather than offering a single solution, our PEO brokers work with you to understand your organization’s unique needs and challenges. Based on the information you provide, we will find a selection of PEOs from our network of trusted partners.
We also understand that your needs change over time and sometimes business relationships don’t work out. That’s why we contact you regularly to ensure your PEO partnership meets and exceeds your expectations. If you are not completely satisfied with your current PEO, we are here to help you find a PEO that better fits your current needs.
Have NetPEO Help You Find the Right Health Plan
If you need access to a better health plan through PEO, call us at (678) 841-7195 or email us using the form on this website. We will talk to you about your healthcare package requirements, as well as any other staff you want to help.
Are you worried about the price? NetPEO is completely free for business owners looking for a PEO partner. There is nothing to lose and you can win a better health plan for yourself and your employees. So call now!