Best Insurance Brokers for Company Health Plans in North America

A great company health plan can keep employees engaged. According to Gallup, one in six Americans said they were staying in a job just for the health plan, even if they didn’t like the work. Johnson and Johnson introduced an employee wellness plan that returned $2.71 for every dollar spent. And in Canada, 80% of employees consider the benefit plan before taking a new role.

Companies need health insurance, whether they cover prescription drugs, dental, and vision (like in Canada) or primary and specialist care (like in the US). Finding the right broker can ensure that you get the best of these plans and find an option structured for your specific company, industry, or workforce.

Since brokers do the legwork of collecting information from the company and matching them to a perfect insurer, picking the right broker can go a long way towards making things easier for your firm.

Here are some of the best insurance brokers for company health plans in North America:

1) Aria Benefits

Best for: Small to medium sized businesses looking for custom solutions. 
Based in: Ontario, Canada

Aria has a full roster of expert team members in various areas of insurance and healthcare. From financial management to traditional or flexible benefits, Aria brokers help break down insurance documentation into concepts their clients can use, act on, and understand. They work closely with the company to determine its health care needs, including coverage for any part-time or contract team members. Aria is geared towards the flexible, human centric solution, which makes them a great option for small to medium sized businesses looking to balance cost with specialized insurance needs or improvements in workplace culture.

2) Benchmark Benefits

Best for: Larger organizations looking to shop around and reduce costs, personalized service and a great customer experience
Based in: Ontario, Canada

Most business owners would like to offer comfortable benefits to their workforce. Offer too many though, and you could blow costs out of control. Benchmark Benefits works to find the optimal price, plan, and package options for organizations of every size. Their 135 years of combined experience in insurance means that they can do the number crunching and plan-optimizing – while providing great coverage for you and your team.

3) League

Best for: Mid to large sized companies looking to do the optimizing themselves; tech-forward employee first benefits configurations
Based in: Ontario, Canada

Digital health and benefits platform League combines the role of broker, provider, and administrator into a single platform. Employers configure their own eligibility rules based on the composition of their company (for example, full time only or post-probation) and track benefits in real time. League’s system offers a highly personalized experience for employers and employees. Granular, AI powered data insights help lower cost of care per employee, while helping the employer get the best possible return.

4) Orchard Benefits

Best for: Startups and fast growing companies looking for a personalized experience and low costs
Based in: Ontario, Canada

Orchard Benefits is an independent brokerage focused on finding the flexible, scalable insurance that fits your organization. They specialize in plan design that can grow with your company. Benefits are all they do, which means Orchard’s team has the experience, network, and insight to get the right coverage to you – whether it’s low cost, high use, or just flexible enough to keep up with your plans.

5) Decisely

Best for: Businesses with 5-150 employees who are looking to find a bundled, compliant, and scalable health plan
Based in: Georgia, USA

US-based brokerage firm Decisely is designed for small businesses, sole contractors, and franchises. Decisely offers brokerage services within a user friendly digital platform, covering off health plans, 401ks, and compliance needs. If you’re part of a franchise or association, Decisely is designed to group together similar businesses for a lower per-person cost.

A great broker can be essential in finding the right plan for your business. Small contractor or large enterprise, the right broker can sift through tech tools and workforce needs – ultimately uncovering a policy option suited perfectly to you.