CLICK HERE
to receive an 'information packet' and the forms for obtaining projected Group Health
rates
CLICK HERE
to compare the products and plans of multiple carriers for individual coverage.
Group Health Insurance
Would you like to pay less for group health insurance?
If you are a business with 2-150 employees, there are a number of innovative ways we may be able to help you reduce the cost of group health insurance.
Consumer Driven Health Plans - Especially effective in reducing rates
and out-of-pocket cost. A Consumer Driven Health Plan consists of a
high deductible health savings account insurance plan with either a
Health Reimbursement Arrangement
or
Health Savings Account.
The following are actual savings:
A. Company with 19 employeessaved $50,540.76 annually:
Maximum out-of-pocket exposure
Doctor office
& prescription drug co-pays
Monthly
Group Rates
Individual
Family
Before
$4,500
$13,500
extra cost
$9,395.58
After
$1,600
$4,400
none
$5,183.95
After first year, renewed group coverage with a
less than
1% increase in rates
B.Company with 14 employeessaved $28,312.56 annually:
Maximum out-of-pocket exposure
Doctor office
& prescription drug co-pays
Monthly
Group Rates
Individual
Family
Before
$4,000
$9,000
extra cost
$6,613.45
After
$1,600
$4,400
none
$4,254.07
After first year, renewed group coverage with a 14.5%
decrease
in rates
Please note: For a business to qualify for small group health insurance, the business must have 2 or more full-time eligible employees. Eligible employees can include business owners, partners, corporate officers and W2 employees. Full time is
defined as employees who work 30 hours or more weekly.
CLICK HEREto receive an 'information packet' and the forms for obtaining projected
rates. Then enter the information requested and submit.