Most affordable Health Insurance provider for my employees?
I am looking for an affordable Health Insurance Company for my employees. I have 7 employees w/families and no coverage to offer because the prices are outrageous. My compnay is Incorporated, if that factors in. I have already used the sales companies that do this research for me, but I am not satisfied with the results…plus they call every 2 seconds with high quotes.
MostChoice.com posted: 15 May at 11:22 am
The National Associated for the Self-Employed (see link below) has some good information. They have a health care Web site with some good information as well (also below). Also, some states have group-purchasing pools for small business and the self-employed. Getting insurance through a purchasing pool typically means that your employers would not have to all be part of the same health plan, which could be good for morale. The downside is that purchasing pools are relatively new and it’s unclear how much savings they really offer.
Depending on the kind of business you’re in, there may be a trade association you can join and get group health insurance through them. Some states have looser restrictions on health insurance through trade associations, meaning that you would pay less for insurance and get more coverage options. I’ve included a link below to state insurance departments – it might be a good idea to contact them or your local chamber of commerce to see if they have any ideas. You also might want to check out this Web site’s (link below), state guides to small business insurance. It’s simple but it might give you some ideas.
Oh, one last link (below). It’s to a recent Consumer Reports article about association health insurance scams.
After you’ve done some researching, try visiting MostChoice.com. I know you’ve said you’ve tried sales companies to help you, but MostChoice has a no-hassle way to shop for insurance. You fill out a short form, they send you information on health plans available in your state, and local state-licensed insurance agents contact you within 48 hours to talk about what you’re company needs in a group health plan. It’s free and you’re not required to buy anything from the agents who contact you. Just wait until one of them delivers an insurance solution that makes sense for you and your company. And be up front; let them know you’ve done the research. It sounds like you know what you want to pay. Just write down what you and your employees want in a health plan and present it to the insurance agents. Let them do the heavy lifting.
You can visit MostChoice here: http://www.mostchoice.com/health-insurance.cfm
Hope this helps,
Barnes @ MostChoice.
glenn b posted: 15 May at 12:09 pm
have similar problem. first answer gave you places to look, but i found it all comes down to $$ and being small you prob have same problem. want to offer coverage to attract and keep good employees. as first answer said there are many sources of coverage, it comes down to the plan.
we went with an hsa…health savings account…which are relatively new and carry a high deductible, but offer tax advantages, flexibility and lower cost…it does require a little thought and losing the “insurance will cover it” mentality. while deductible higher, once it is met, eveerything is covered
lyrikal34 posted: 15 May at 12:29 pm
hey i work for a health insurance broker and i can help you out. Just email me at ehab@pickeringinsurance.com or just go to http://www.pickerginsurance.com and get a free quote from there. Please let me know how everything works out for you. Thanks