Sunday
Small Business Group Health Insurance Plans
It's not difficult to find small business group health insurance, but it can be rather difficult to decide what type of plan you want for your employees.
Whether you are an employer trying to find group health, or you are an employee that is trying to find out how you can get your group of coworkers together to afford a group health plan, you can find quotes on the Internet.
There are several things you are going to want to know in order to get a group plan. First of all, you don't have to worry about one person in the group with a health condition turning the group down. It's against the law, so as a group you can get insurance no matter if one person has been turned down before.
Also, you'll have to get into your state insurance commission. This is where a lot of the decisions for group health insurance are already made. Your state law dictates what diseases and what problems are covered. So you don't have a lot of decisions to make with that.
You will have to decide whether you're going with an HMO, PPO, or a POS plan.
An HMO is a health maintenance organization, and is usually a little bit less expensive, but also, it's not very flexible. The PPO is a preferred provider organization, a little bit more expensive than an HMO, but you do not have to stay within your network it does cost a little more if you go out of it.
Then there is the POS plan, the point of service plan where you choose your physician, and yet you also have the option of heading outside of the network.
So as a group, you'll have to decide what type of plan you want, and of course, you'll be under your state insurance commission as to what is covered and what is not.
Caressa_Waechter
