TODAY SMALL GROUP PLANS ARE LARGELY
RICHER IN BENEFITS... MORE COST EFFECTIVE... MAY BE PURCHASED ANYTIME...
How you buy...really can make a difference. No matter what business you own.
Historically, group health insurance premiums have always been higher than individual market premiums. However, with the employer contribution, still a great buy for the employee, gives the employer a competitive edge to keep quality employees and offers tax advantages to both the employee and the employer.
yer chooses.
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It Just Got Better.
The past several years have brought countless changes to our health care system. Individual health plans have seen - premiums rise 10 to 40% annually, higher out of pocket expenses, and of course the limitation to purchase a plan once a year at open enrollment in January.
On the other hand, small group plans have:
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Remained more stable in cost.
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More constant in benefits.
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May still be purchased when the employer chooses.
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Tobacco users are not rated up.
Do You Own a Small Business
Group health plans do have particular requirements and vary per carrier, however, many carriers have lessened employer contribution levels and minimum participation requirements, allowing more businesses to qualify. A Win Win for employers and their employees. Supplemental products such as dental, life and disability are often less expensive and not medically underwritten with a group health plan.
If you answer yes to the questions below and would like to learn what a group plan could do for you and your employees, give our brokers a call. We can generally tell you if your business would qualify and run a quote the same day.
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Do You Own a Small Business
Do You Have One or More Employees
Each carrier has specific requirements in order to begin a group health plan. Feel free to contact us to see if your business may qualify.
CALL US AT 303.425.4466