Health insurance is one of the most valued employee benefits a company can offer, and providing it can help you attract and retain top talent. It demonstrates that you care about your employees’ well-being and helps reduce turnover. In addition, offering a group plan may provide tax benefits to both the employer and employees. For example, premiums paid by the employer are generally tax-deductible, and employees’ contributions can often be made pre-tax through a Section 125 cafeteria plan.