Why Custom Health Insurance Boosts Employee Retention

Angle Health

In today’s competitive job market, attracting and retaining top talent requires more than a competitive salary. According to Forbes, 37% of workers value flexible, tailored benefits over pay.¹ This shift highlights the importance of choosing benefits that meet employees’ needs.

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Let’s explore how custom health insurance drives employee satisfaction and retention.

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How Health Insurance Retains Employees

Since the pandemic, employees want benefits that provide greater support and flexibility. It’s more important than ever for employers to satisfy their expectations.

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Health insurance is an effective tool for retention. One survey found that 90% of employees see health insurance as very - or extremely - important.²

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Providing comprehensive, flexible benefits shows that companies value their employees’ well-being. This creates a sense of security that boosts loyalty and retention.

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Boosting Employee Retention Through Custom Health Insurance

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Here are the key factors that make custom health insurance effective for reducing turnover:

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Health and Wellbeing Support: Employees look for benefits supporting physical and mental health. This includes paid leave, mental health coverage, and retirement savings.
Flexibility and Personalization: Custom health insurance addresses the unique needs of different groups.
Improved Health Outcomes: Customized plans can better address specific health needs. This leads to healthier employees and lower healthcare costs.

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The Benefits of Custom Health Insurance

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Custom health insurance adapts to the evolving expectations of today’s workforce. Plus, it allows employers to create a more engaging work environment. Key benefits include:

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Greater Productivity: Companies with health insurance benefits have better productivity, higher retention, and improved profitability.³
Increased Employee Retention: Personalized benefits foster a stronger sense of loyalty, reducing turnover.
Improved Health Outcomes: Customized plans can better address specific health needs. This leads to healthier employees and lower healthcare costs.

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Custom Health Insurance Solutions
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At Angle Health, we don’t believe in waiting for custom health insurance. That’s why we deliver faster, more efficient, and hyper-personalized benefits solutions.

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Our self-service, quoting platform streamlines the creation of custom health insurance. Brokers can choose between three network options and four PBMs. This flexibility ensures each group has better care, lower costs,and increased retention.

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Curious to explore our benefits solutions? Get in touch today.

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Discover Custom Health Insurance with Angle Health

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Custom health insurance boosts employee retention by aligning with modern workers’ preferences for flexibility and personalization. Angle Health’s innovative solutions meet these evolving needs, fostering a happier, healthier workforce.

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Ready to see the difference?

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Explore our custom health insurance solutions today.

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Sources

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