Whether a professional employer organisation's medical cover is better than what you have now comes down to three things, and only one of them is usually discussed. The rate gets the attention; the network and the contribution schedule decide how your employees experience it.
The plan and who underwrites it
Ask which carrier and which specific plan, and get the summary of benefits document rather than a description. Two providers both offering large-group access can be placing you in materially different products, and the difference is invisible until you read the documents side by side with what you have today.
The network, which decides daily experience
A plan with a strong rate and a narrow network is worse for an employee whose doctor is outside it than a dearer plan with a broad one. Get the network directory and check it against the postcodes your staff actually live in, not against the city they work in. This is the most common source of complaint after a move and the easiest to check in advance.
The contribution schedule, which decides take-up
What employees pay monthly, at your real salaries and family compositions. Model your lowest-paid staff and your staff with families first, because those are the cases where a schedule that looks reasonable in aggregate becomes unaffordable in particular. Cover nobody joins is not cover.
Questions people ask about peo medical
Is PEO medical cover better?
It can be, because the pool is larger than a small employer can assemble. Whether it is better for your people depends on the specific plan, the network where they live and what they pay each month.
What documents should I ask for?
The summary of benefits for the specific plan, the network directory, and the employee contribution schedule at your real salaries and family compositions.
What is the most common problem after moving?
Network. An employee whose doctor is outside the new network experiences the move as a loss regardless of the rate, and it is entirely checkable in advance.