| Many small business owners make the mistake | | | | Employers must decide how much they can |
| of purchasing a group health plan without | | | | invest and what type of medical services they |
| utilizing the services of experienced | | | | can afford for their employees. HMO's are |
| insurance agents to help choose the most | | | | designed to offer reduced rates by using a |
| viable and affordable plan for their company. | | | | select group of doctors, hospitals, and other |
| | | | healthcare providers. Employees must stay |
| In most cases, the insurance agent's | | | | within that network when getting medical |
| commission is already included in the cost of | | | | care. Fee-for-service or indemnity group |
| the health care plan, so companies don't pay | | | | health plans allows your employees to choose |
| any more to take advantage of the valuable | | | | their providers. They in turn have control |
| experience a reputable insurance agency can | | | | over their choices of doctors and specialists |
| offer. When choosing between the many | | | | and many options in who they want to visit |
| health plan options available, employers can | | | | for their medical services. |
| actually save time and money by consulting | | | | |
| with an established insurance agency before | | | | The majority of people insured today have |
| investing in medical coverage plans that best | | | | insurance plans through their employers. This |
| suit their employee's needs and the company's | | | | allows health plan providers to offer many |
| budget. | | | | small and large group health coverage plans. |
| | | | For companies with 2-100 employees, and large |
| Studies have shown that one of the benefits | | | | companies with 100 plus employees, there are |
| of providing group health insurance for | | | | several factors which affect the cost of the |
| employees is the increased retention rate for | | | | insurance premiums. The advantage with |
| a quality workforce. In these days of high | | | | large companies is their size which gives |
| gas prices and increased costs, offering | | | | them a bargaining chip when it comes to |
| health insurance at the workplace is a big | | | | reduced monthly premiums for basic health |
| incentive for many who cannot afford | | | | care coverage plans. Some health plans have |
| individual health insurance coverage. | | | | higher co-pays for the employees and only |
| Investing in your company's future healthcare | | | | cover medical care within the managed network |
| can increase loyalty, and overall employee | | | | of healthcare providers. Many plans charge |
| satisfaction, productivity, security, and of | | | | higher premiums, but cover more medical |
| course, employee health and fitness. The cost | | | | services for the company's employees. |
| and options of these plans vary according to | | | | |
| group size and the state in which your | | | | Investing in group health insurance for your |
| insurance company, or provider is located. | | | | employees is a major decision that needs |
| | | | professional advice and planning. A healthy |
| Group health insurance plans start with at | | | | and productive workforce can increase company |
| least two full time employees and because of | | | | profits and worker productivity. With an |
| healthcare reforms, every state is required | | | | experienced and reputable insurance agent, |
| to offer this coverage in the workforce. | | | | your company can have the help and expertise |
| These insurance coverage plans vary greatly | | | | to consider all the insurance options |
| and business owners have many options | | | | available based on your budget, the medical |
| available to suit their budget; from basic | | | | needs of your employees and the costs of |
| coverage, to plans that cover preventive care | | | | medical services in your state. This is an |
| and dental coverage. The many options offered | | | | invaluable service for employers who want to |
| in managed care plans, or HMO's, and | | | | consider all options in comprehensive health |
| fee-for-service plans can be very confusing. | | | | care coverage of their employees. |
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