Group Health Insurance

Building a successful business is enough hard work, without the added headache of finding affordable, quality health insurance. Let Brown Insurance Group help you with offering group health.

Whether you're just starting out, or own a small business with multiple employees, you're going to need help finding and securing health coverage.

Who needs a Group Health Plan?

Going into business for yourself can be a bit of a gamble. But not insuring yourself, family, or employees only raises the stakes. The two groups who should be most interested in a group health plan are:

• Self-employed persons who often think health insurance is an unaffordable luxury. But the main purpose of health insurance is to protect your financial future against unexpected medical costs, long-term illness or hospitalization.
• Small business owners who know employer-sponsored health insurance is one benefit workers truly value. In fact, offering a group health insurance plan can make you more competitive, since you can attract and retain the best workers.

Health insurance helps protect your finances in the following ways:

• Discounted rates for medical care. Insurance companies negotiate rates with health care providers. Without that feature, even the cost of a regular checkup or office visit can be twice as high.
• Spares you unexpected medical costs. Bankruptcy due to hospitalization over an unforeseen injury happens more often than you’d think.
• Protects your ability to work. If you don’t have your health, it isn’t possible to work.
• Improves access to quality care.With a group health insurance plan, you gain access to a broader network of health care providers than you would otherwise have.
• Encourages a healthier lifestyle with regular checkups and preventive care that won’t cost you too much and are likely included in your policy.
• Shields your business from personal medical costs. Unexpected personal medical expenses can impact your personal liability for medical costs. Health insurance can help you keep your business protected.
• Hire and retain great workers.Employer-sponsored group health insurance coverage is a valuable inducement to top talent, and an important consideration in complete compensation packages.

On March 23, 2010, President Obama signed the Affordable Care Act. This law was designed to bring comprehensive health insurance reforms, hold insurance carriers accountable for costs, as well as give more consumers access to health care.

Each year, there is a period of time called “open enrollment", which runs from November through January. During this time you can shop and apply for a new health insurance plan if you find your current plan unsuitable. Once open enrollment period ends, you cannot buy or change a plan unless you have a qualifying life event (such as losing your current coverage, getting married or having a baby).

Visit: https://www.healthcare.gov/

Because we are an independent agency offering real time health insurance quotes and online applications from multiple health insurance companies, we believe in total transparency. Compare options and then apply online from the convenience of your own home or office.

We can help you simplify what seems complex, and help you choose from quality, competitive health care plans, including:

• HMO plans: An HMO, Health Maintenance Organization, is a specific type of health care plan that sets out guidelines under which doctors can operate. On average, health care coverage through the use of an HMO costs less than comparable insurance packages.
• Major Medical: Provides benefits for most types of medical expenses that may be incurred. Offering more complete coverage with fewer gaps, major medical insurance covers a much broader range of medical expenses—including those incurred both in and out of the hospital—with generally higher individual benefits and policy maximum limits.
• Surgical policies: Most health insurance plans sold today are major medical plans but there are a few hospital and surgical health insurance plans on the market. Surgical health plans often aren't as comprehensive as major medical plans, but are typically less expensive.
• Dread Disease Policies: Often called “cancer policies,” dread disease policies cover one or more dread disease: cancer, heart disease, or other major malady.
• Hospital indemnity: A hospital indemnity plan provides a daily benefit for each day you are hospitalized -- and this is paid without regard to the hospital expenses incurred. This daily amount is paid to you and the benefit is triggered simply by confinement as an inpatient.

You may think you want the cheapest insurance you can find, but realize you may not be getting everything you bargained for…

While most insurance products are similar in price and function, insurance providers are very different when it comes to structuring a policy that actually covers you.

There’s no such thing as a one-size-fits-all insurance policy when it comes to your business.

We’re your neighbors. We protect businesses and people we know and care about, and that means we always look for ways to protect you better, including carefully choosing the insurance companies we represent to be both affordable and responsive.

Contact us and let the professionals at our company help you forge the strongest shield possible to help you protect the things you are working hard to build.