Large Group Employee Benefits in Maryland, District of Columbia and Virginia
Large Group Health Insurance Plans and SHOP ACA Compliant Exchange Health Insurance Plans for Large Business’s located in Maryland, District of Columbia and Virginia
Comrade Financial Group is here to guide you through the best plan that fits your business needs. Running your business is your job, covering your business is mine. Let me know how I can help with your Large Group Health Insurance Plans in Maryland, District of Columbia, and Virginia.
Large Group coverage is usually defined as Corporations or Business’s with 51 or more eligible employees. Large Groups are subject to Medical Underwriting, Experience Rating or having the rates based on demographics of the Group. These are Average Age, Dependent Status, Zip Code, and Gender make up of the Group. The majority of the time, this rating process includes employees not even participating in the plan. Large Groups must meet thresholds and most carriers require a participation percentage of 75% of net eligible employees to enroll to be considered for the marketing and the renewal of the account. Meeting this NET number of employees available after deducting those already covered by their spouses plan and even those on Medicare or Medicaid.
Large Groups are rated based on their Medical Loss Ratio (MLR) but this will change with proposed changes due to the Affordable Care Act. Like all Health Insurance coverage, there are many choices and factors that go into a decision. For a Free no obligation quote for your Large Group please fill out our Group Census Form and we will be happy to assist you.
Group rates and quotes from all brokers are the same. Choosing a Broker and working with a knowledgable broker that can help customize a benefit package to best suit the needs of your company are my main priority. There are many factors that determine where and how you apply either through an exchange with SHOP plans or Off Exchange directly through a broker and carrier.
If your company has an existing Group plan and have just received a rate increase but are unhappy with your current broker or what to explore other options. We would be happy to help you. Each company that provides quotes and rates for plans offered in your state may vary depending on the level of benefits and personal liability the employee is willing to assume under the health insurance or other insurance product. Platinum level plans are offered on and off exchange all the way through to the Bronze level. Something else to consider is the employee contribution as well as the company contribution amount.
The amount of work from quotes, plan choice, applications and enrollment are very time consuming, however Comrade Financial Group does not charge a consultation charge like other area agencies. We do however ask that you work with us in completing the multiple tasks and steps from plan choice, administration and enrollment. For rates and quotes please submit your Group Census to Jack@ComradeFinancialGroup.com
Please fill out this short company census contact form for more information. If your business is a family run business and meet the requirements we would be happy to show you Group and Family quotes on and off exchange to see what best fits your needs.