Group Health Insurance

Providing a decent group health insurance plan retains employees

If you think your company is too small to provide decent group health insurance coverage for your employees, think again. There's an abundance of different group health insurance plans available, even for the smallest of businesses. 

Good group health insurance providers can find you a policy offering coverage ranging from just basic hospitalization to full-blown medical coverage.

Decent small group health insurance plans will include:

1. Hospitalization and surgery benefits.
2. Medical emergency room benefits.
3. An option for single or family coverage.
4. Visits to the doctor of your choice.
5. No need to undergo a physical exam to qualify.
6. Affordability for all participants in the group health insurance plan.

 

Get a wide range of group health insurance quotes

Since there's a wide range of group health insurance services available, it's a good idea to get several quotes on premiums from different group health insurance providers.
Try: Major providers are more than willing to discuss the various options available to you and may be able to give you an instant group health insurance quote for coverage either on the phone or via their websites. A few of the major providers include Aetna Small Group, Blue Cross and Blue Shield, United Healthcare or a regional provider such as ConnectiCare.

Consider using an agency for a group health insurance quote

There are many agencies that can provide good group health insurance information on the various small group health insurance plans. Often it's easier to compare group health insurance quotes by obtaining group health insurance info from an agent who has researched the industry and can give you tons of choices.
Try: A few of these agencies available online are MostChoice, the Small Business Heath Insurance Network, netQuote, Health Insurance Finders and eHealthInsurance

Consider HMO, PPO or POS group health insurance services

There are several types of health group insurance plans including Health Maintenance Organizations (HMO), Preferred Provider Organizations (PPO) and Point of Service (POS) plans.
Try: HMO and PPO plans require that you use specific doctors and hospitals, while a POS allows you to use any doctor or hospital you want. One of the biggest HMOs is Kaiser Permanente. Most health insurance companies offer a choice between HMO, PPO and POS plans including Cigna and AssurantHealth.

 

• Offer your employees the option of paying a reduced premium for a group health insurance plan. They end up paying the full cost of the plan, but at a highly reduced rate, and you're able to give them coverage.
• Many health insurance providers won't insure part-time employees. Consider this if you're looking to provide coverage for all of your employees.
• Consider a "cafeteria"-type plan, where your employees select the exact coverage they want. These can help reduce the cost of the coverage for you and your employees.

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