Small Group Health Insurance

Small Group Health Insurance Employee Benefit Plans Free Quotes. The term Small Group(2-100) refers to the number of employees that you employ. Small Group is usually defined by the Insurance companies as Corporations or businesses that have more than 2 but less than 100 active employees. Other options include Dental and Vision as well as Indemnity plans. Most major providers add an additional Life and Disability policy option that can supplement the original plan. Also some carriers offer AD&D which is Accidental Death and Dismemberment Insurance to cover unexpected losses. As Business owners, there should also be a BUY-SELL Agreement in place as well as KEY Person Life Insurance. To help you navigate this complex strategy, and keep your bottom line in the black, Comrade Financial Group can customize a Group Plan that best suits your business. Plans that available are:

Group Health Insurance POS (Point of Service Plan) Plans

A managed care plan that combines the benefits of an HMO and PPO. Like an HMO, POS plans require members to choose a PCP. Like a PPO, they provide coverage with any IN or OUT of network healthcare providers.

Group Health Insurance HMO (Health Maintenance Organization) Plans

A managed care plan in which its members must recieve care for the network of doctors, hospitals, and other care providers. They must choose a Primary Care Physician (PCP) from the network to be the first line of defense, and to provide referrals to specialist care.

Group Health Insurance PPO (Preferred Provider Organizations) Plans

A managed care plan in which its members have insurance coverage with IN and OUT of network doctors, hospitals, and other health care providers.

HDHP (High Deductible Health Plan)

Plans with deductibles of at least $1,100 for individuals, $2,200 for families. Enrollment makes you eligible to open a Health Savings Account.

HSA (Health Savings Account)

A bank account where TAX-FREE income can be saved for health care expenses. Each year unused funds grow with interest.