Are you confused about all the options available for health insurance? Coinsurance, deductibles, maximum out-of-pocket, primary care, specialists… we know this can be confusing, yet understanding these options is critical because they are an important element in premium determination. That’s where we come in. We want to be sure you understand what is available to you and what would be most useful for you and your employees.
Do you need someone to help manage your business’s health care plan? Do you have questions about your benefits, need to add or delete an employee, or need help with a claim or bill? We take care of these time consuming tasks at David B. Crother Health Insurance.
Many employers don’t realize just how affordable employee benefits can be (i.e., dental and vision coverage). As with other areas of insurance, there are many different options available to you. We’d love to discuss them with you. Contact us today so we can help you create the benefits package that is perfect for you and your employees.
Whether you are a small business or a Fortune 500 company, the need for quality employees remains the same. What can a business do to retain their employees, and attract the best talent in their respective fields? A competitive and comprehensive benefits package is often one of the best options in today’s competitive market. Surprisingly, health insurance, as well as dental and vision coverage, can be affordable for even small businesses. Our agents will help you navigate the complex and often time-consuming world of health coverage to determine which plans are best for you, your company and your employees.
There is no “one size fits all” in the world of insurance. There are a multitude of factors that must be considered to determine what health insurance plans best fit the needs of your company, as well as your employees.
The number of people insured under a group plan is the major determiner of cost – the more people that are insured, the steadier and lower the cost will be. If you are small company, choosing a plan that encourages people to make wise decisions about their health care is often the best option. A plan that has coinsurance, for example, might encourage people to make sure that they are working to maintain their health, which in turn prevents unnecessary doctor’s visits.
Employers have many options when it comes to contributing to employee health care. Some employers choose to cover an individual, but ask the employee to cover the entire premium cost for a family plan. Other companies will cover a specific dollar amount of the premiums. Each company must examine what role it wants to play in providing health care for their employees and use that to determine what plans they will offer.
Offering life and health benefits to your employees will increase employee loyalty and commitment to job performance. Whatever your purpose in providing employee benefits is, will determine how large, or small a role you will play in your employee’s health insurance contributions. Each goal will lead you to a different type of health insurance plan, with varying degrees of benefits and premiums based partially upon those benefits and your company dynamics. Also, as with all other areas of insurance, life insurance has many options to choose from and offers a substantial sense of security to your employees. We understand life insurance and how it applies to group health plans and employee benefits. We welcome you to contact us directly. We will take the time to understand your specific needs and make recommendations tailored just for you and your company.
As of 2015, all companies above 50 full time employees will be required to offer insurance to their employees or pay a fine. The health insurance provided by the employer must cover Essential Health Benefits in 10 categories, such as hospitalization, maternity and newborn care, mental health and substance abuse, as well as prescription drugs. As of 2015 all insurance policies will be required to offer this coverage as part of their standard offerings. The Affordable Care Act does not require a coverage level from the employer. The amount that an employer contributes to the insurance of their employees is still an individual decision that each company will need to make.
Offering health insurance to your employees is a great part of a competitive benefits package. As part of your comprehensive employment package, health insurance coverage can often make a highly-qualified employee choose one employer over another. Offering health insurance, even when not required, shows a commitment to your employees and future, which often translates to greater retention of your staff.
David B. Crother is ready to assist you as you begin the process of choosing a plan and provider for your employee’s health insurance benefits. Contact David today. He will help you choose the best and most cost-efficient plan for your business.
As with all other areas of insurance, life insurance has many options to choose from. We understand life insurance and how it applies to group health plans and employee benefits. We welcome you to contact us directly. We will take the time to understand your specific needs and make recommendations tailored just for you and your company.
“Working with David and Kathy has been very rewarding because they are both dedicated to their clients and have always taken care of any concerns in a timely manner. They are always looking out for what is best for our employees.”