Professional Employer Organizations (PEOs) are rapidly expanding across the United States. In the past year alone, 17% of businesses with 10-99 employees were PEO clients. Philadelphia's market has been primed for growth in PEO adoption, particularly with the need for a PEO offering Blue Cross Blue Shield plans. Alcott HR's arrival provides local businesses with access to Highmark Blue Shield and a full range of HR and payroll services, filling this gap and setting a new standard in the region.
Health Insurance
When it comes to health insurance, all businesses in Pennsylvania with less than 50 employees have been considered “Small Group”. Small Groups rates are predetermined by size and demographics and are all the same regardless of broker, relationship strength, or negotiating acumen.
There is a better way.
Professional Employer Organization (PEO) aggregates qualified employers as a large group for a variety of employment related needs such as workers’ compensation, retirement plans, employment practices liability, HR technology, and…..Employee Benefits.
Why Highmark?
• As part of the BlueCross BlueShield Association, client employees have access to the largest in the U.S national network in the U.S. with access to 95% of all hospitals and 1.7 million providers plus coverage in 190 countries.
• By leveraging the BCBS Association, every in-network provider for BCBS is available, including your local providers like Jefferson Health, Penn State Health and Main Line Health
• With providers focusing on quality of care, the total cost of care is 5-9% less than other insurers on average. Keeping members healthier and keeping costs down.
Beyond health insurance.
Health insurance is just the start. Employers attract and retain quality talent by also taking advantage of our Large Group Dental, Vision, Life, STD, LTD, Accident, Hospital, critical illness, and legal insurance. Not to mention free FSA, HSA, Transit, EAP, and Workplace perks. Oh, and a 401(k) at no cost to the employer because too good to be true, isn’t quite good enough.
Wait... how am I going to explain, manage and administer all these benefits?
We'll do that for you too!
By partnering with Alcott HR, employers get a dedicated HR team that can take care of critical tasks like administration and transaction processing, employee onboarding, training and risk assessments, payroll processing and much more. With the low reward administrative HR processes taken care of, your team can focus on the strategic HR initiatives that help your company to grow and thrive.
So, instead of looking at the same small group plans, discover a customized, proven solution for your HR needs that can actually provide large group buying power, and keep your small business competitive in the war for talent.
Find out if a partnership with Alcott HR is right for your business.