As a business owner in Arizona, you already know that your employees are your greatest asset. Their hard work, creativity, and dedication drive your success every day. But if you’re like many business owners, you may be wondering this: What more can I do to attract and retain top talent while fostering a positive, thriving workplace culture? The answer starts with your employee benefits, especially your health insurance offerings.
Investing in health insurance isn’t just about compliance or checking a box. It’s about creating a supportive, healthy environment where your employees feel valued and secure. In Arizona’s competitive job market, providing quality health coverage can set you apart as an employer of choice while strengthening your company culture from the inside out.
Let’s explore exactly how that happens and what JC Lewis Insurance Services can do for you.
Health Benefits Show Your Employees That You Care
Providing health insurance sends a clear message to your team: you care about their well-being, both on and off the clock. In fact, according to the 2023 Employee Benefits Survey by the Society for Human Resource Management (SHRM), 92% of employees say that benefits are important to their overall job satisfaction.
When your employees know they’re covered, they feel more secure about their health and their future. This peace of mind translates into greater loyalty, higher morale, and stronger engagement at work.
In Arizona, where healthcare costs are a top concern for many families, offering comprehensive coverage can be a game changer. According to the Kaiser Family Foundation, the average annual premium for employer-sponsored health insurance in Arizona is around $8,435 for single coverage and over $23,000 for family coverage. Helping your employees manage these costs shows that you understand their needs and are committed to supporting them.
Attract Top Talent in a Competitive Market
Arizona’s job market is growing rapidly, especially in industries like healthcare, technology, and construction. With unemployment rates lower than the national average and businesses competing for skilled workers, offering standout benefits gives you a powerful recruiting advantage.
A report by Glassdoor highlights an important fact: 60% of job seekers consider benefits and perks a major factor when deciding whether to accept a job offer.
When you promote your company’s health benefits in job postings and during interviews, you demonstrate that you’re invested in your employees’ quality of life, not just their output. This commitment can help you attract talented professionals who are looking for long-term opportunities with an employer who truly values them.
Reduce Turnover and Boost Retention
Replacing employees is expensive. Estimates from Gallup suggest that the cost of replacing an employee can be up to two times their annual salary when you factor in recruiting, onboarding, and lost productivity.
By offering health insurance, you give employees a strong reason to stay. It’s not just about the financial value of the benefit — it’s also about the culture of care and respect that you build. Employees who feel appreciated and supported are more likely to remain loyal, reducing costly turnover and strengthening team cohesion.
Healthier Employees Lead to a Healthier Business
Offering health insurance doesn’t just help your employees — it helps your business thrive, too. When employees have access to preventive care and regular medical visits, they’re more likely to catch health issues early and avoid serious illnesses. That means fewer sick days, lower absenteeism, and higher productivity.
The Centers for Disease Control and Prevention (CDC) reports this compelling statistic: chronic diseases and conditions account for 75% of healthcare spending in the U.S., much of which is preventable with proper care. By providing access to affordable healthcare, you help your team stay healthier and more engaged in their work.
Building Your Benefits Package for Arizona Businesses
At J.C. Lewis Insurance Services, we specialize in helping Arizona businesses like yours create tailored benefits packages that meet both your needs and your budget. Whether you run a small family-owned business or a growing enterprise, we work with trusted carriers to design plans that offer flexibility and value.
We’ll guide you through a variety of options, including the following:
- Group health insurance plans
- Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs)
- Dental and vision coverage
- Telehealth services for convenient care
Our goal is to make the process simple, transparent, and aligned with your business goals.