Hospitals and Healthcare Providers 25%-50% Savings on Workers Comp Insurance

Oct 12, 2023

Hospitals & healthcare service providers can save 25%-50% on workers comp insurance with a new program offered by The Transaction Group.

In an effort to help hospitals and healthcare providers manage costs effectively while prioritizing the well-being of their employees, The Transaction Group (TTG) is pleased to announce significant savings on worker's compensation insurance premiums, ranging from 25% to 50%. This initiative aligns with the ongoing commitment to support businesses in fostering healthier workplaces and achieving substantial cost reductions, all while ensuring the welfare of their valuable workforce.

Managing costs while ensuring the overall health of each employee should be a priority for every business or organization, no matter how big or small. With the implementation of the Affordable Care Act, new avenues have emerged to incentivize employer wellness programs, fostering healthier workplaces. In turn, these programs offer substantial premium discounts to companies and organizations that choose to effectively utilize them.

TTG is partnered with the best providers of comprehensive programs that not only support business cost reduction initiatives but go a step further, delivering superior benefits to employees at no additional cost to the business. In addition to worker’s compensation for hospitals, these programs cover a diverse range of care spanning physical health, mental health, financial support, and overall wellness assistance.

Michael Rupkalvis, President of the Transaction Group, said, “By minimizing overall risk in the workplace, businesses can reduce the premium they pay for worker’s compensation insurance, leading to significant business savings. It’s a simple yet effective strategy to ensure a business thrives financially while also prioritizing the well-being of their most valuable asset— their employees.”

The benefits of the worker’s compensation program extends beyond mere cost savings. Hospitals will create a positive and supportive work environment that boosts morale, productivity, and overall job satisfaction just by investing in the well-being of their employees. Healthy and happy employees are more engaged, less likely to take sick leave, and contribute meaningfully to the success of the organization.

"We understand the challenges faced by hospitals and healthcare providers, especially in these unprecedented times. Our goal is to empower hospitals as well as other businesses with innovative solutions that not only reduce costs but also enhance the overall quality of life for their employees,” said Rupkalvis. TTG believes that they can help hospitals to make a significant impact on their bottom line while promoting a culture of well-being within their organizations. This is a win for the hospital as well as a win for each employee.

For hospitals and healthcare providers looking to take advantage of these substantial workers' comp savings and prioritize the health and happiness of their workforce, The Transaction Group and partners offer tailored solutions and expert guidance. Businesses interested in exploring these programs and maximizing their savings are encouraged to contact TTG at 312-218-4347 or [email protected].

About The Transaction Group:

The Transaction Group (TTG) is a leading provider of business support services. In addition to credit card processing, TTG offers in demand niche business services. Since 2004, TTG has helped U.S. and international businesses locate and implement the best solutions for their individual business needs. By utilizing a network of industry partners and professionals with a combined 60 years of experience, The Transaction Group is confident in their ability to deliver unmatched professional service. For more information, please visit www.thetransactiongroup.com, or call 312-218-4347.

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