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Benefits

Barksdale Bonding & Insurance has long been considered one of the industry leaders in the area of employee benefits.

While that has traditionally meant the establishment of pension and profit-sharing mechanisms driven by insurance, in today's business climate, the focus is dominantly on healthcare.

Far and away the single most expensive benefit for companies to offer their employees, the cost of healthcare has grown as quickly as the medical profession's expertise, if not more quickly.

The phenomenal rise in costs has become the center of protracted labor disputes, a subject for ongoing Congressional debate and a source of continual concern for people who could be, quite simply, wiped out by a major medical emergency.
Employees today are asking the employer for the opportunity to purchase all their benefits through a payroll deduction system. They are not asking the employer to pay for all the benefits, just make the opportunity available to purchase them on a group contract. A large part of this desire is driven by the lower rates of group products verses individual products, but it is also easier to purchase. The group benefits require less medical information and most of the coverage's are issued on a guaranteed basis. Plus, most can be bought pretax and several of the products are portable for the employee.
 
The marketplace is changing and Barksdale is there to meet the needs.


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