- What is group health insurance?Companies with a minimum of two employees or owners can enroll in group health insurance. These plans enable the employer to offer the owners, officers and employees and his/her dependents access to health, dental, life and vision plans.
- Are we eligible for Group Health Insurance? Each carrier has their own requirements to be eligible. The basic requirements require the group to produce one of the following: -Payroll Records/DE6 -Schedule C or K-1 Tax Return -Statement of Information listing the corporation's officers -Business License showing owners
- What are the advantages of group health insurance vs. individual?First-there is no health underwriting. So, regardless of any pre-existing health conditions, group health insurance is guaranteed issued if the company meets the above underwriting conditions Second-employees can pay for their premium with "pre-tax" wages. This reduces the taxable wages for the employees as well as reduces the employers FICA tax
- Can I offer several plan choices to the employees and how much will it cost the employers?Depending on the size of your group at a minimum you will be able to offer (1) HMO and (1) PPO plan choice. The minimum contribution from the employer is $100 towards the direct employee's premium. He/she would pay the difference and could also enroll their dependents. The employer is not obligated to pay any of the dependents premiums.
- Who are the carriers that offer group health insurance in California and do I pay a commission to your agency?Blue Cross, Blue Shield, Aetna, Cigna, United HealthCare, PacifiCare, HealthNet and Kaiser are a few of the carriers represented in California. We have a wholesales relationship with all the carriers and you do not pay a commission or fees for our services. The carriers pay us if we write business with them.
- How do I get started?First, enter in the group's census information on the web site. This will allow you to see and filter different plan options based on budget, HMO/PPO, carrier and deductible. I will contact you within 24 hours to review this information and answer any questions you may have. If you have immediate questions please call our office at 877-840-0554. We are here to help.
