| We
are aware of the major commitment it requires for an employer
to offer health insurance benefits to its employees. In
today's market a competitive benefits package can be a good
recruitment tool, as well as good for employee retention. Many
small business owners want to offer this benefit, but don’t
have any idea what it will cost, how many employees they need,
how it works, or how it will affect their bottom line in terms
of premiums, tax savings, etc. There are many state and
federal laws associated with offering health insurance, as
well as individual requirements by the various companies
offering group health insurance products. Many small business
owners currently have medical benefits but are concerned with
their rising costs or are wondering if their plan is at a
competitive rate. There
is never a fee for our agent services. The premium rates you
receive from us are the same as if you purchased a policy
directly from the insurance company.
We meet with you, understand
your unique situations and help you cut through the labyrinth
of information out there. We gather quotes for your specific
employees, assist you in making the decision as to when your
business are ready to add or to modify this benefit. We also
guide you though implementing the benefits or changes, such as
developing employment policies, handling payroll deduction,
meeting with your employees or board of directors. We can also
recommend various ways to administer and finance this benefit
for their employees, such as what percentage of the premium to
pay, how to handle dependents, etc.
We offer information on a
variety of benefits:
- Medical coverage
- Dental
- Vision
- Group life
- HSAs
As a business owner, you have
enough on your plates without having to research how to
develop a health insurance benefit package. Let us do the
leg-work for you and let you know specifically how it will
effect your bottom line.
I JUST WANT A BALLPARK IDEA OF WHAT
HEALTH INSURANCE WOULD
COST ME:
Fax or email us a census of
your employees, their birth dates, and dates of hire. We also
need information about the dependents they will be putting on
the policy, including spouses names and birth dates and the
number of children. You may send us a last SUTA form with any
missing info added to it.
I WANT COMPETITIVE BIDS FOR HEALTH
INSURANCE FOR MY EMPLOYEES:
Email
or call our office 208-466-6677
What you can expect from us:
- an agent will meet with you
either in person or on the telephone about your company,
number of employees, current plan, etc.
- the agent will provide the
paperwork required to get quotes from competitive
companies---this can be typically be completed with only 1
application per employee. If it saves you time, an agent can
come on site and obtain applications.
- once the paperwork is
submitted, the quoting process takes 1-2 weeks
- the agent will analyze the
quotes, prepare a summary, and present it to you showing an
outline of coverage options VS costs for all competitors
- you will decide what plan
best fits your situation (or decide to take no action at
this time—there is no obligation on your part)
- once a plan is chosen, the
agent will work with the company to get the policy in place
and with you to get materials to your employees—and can come
on site for a presentation, if desired.
- The agent acts as an ongoing
partner and liaison for you with the insurance
company---assists employees with questions, and helps you
complete paperwork to add new employees, delete employees,
and change benefits.
Frequently Requested
Information:
Small Group requirements:
Number of employees:
Many employers wonder when they are large enough to offer
health insurance benefits. Most companies offer plans for as
few as 2 full-time employees.
Percentage of participation:
all companies require that companies maintain a certain
percentage of employees who elect coverage VS those that do
not elect coverage and have no other qualifying coverage. This
percentage is based on the size of the company. We will work
with you to determine whether or not you can meet these
requirements.
Advantages
of Small Group coverage VS Individual coverage:
Some small companies consist of
spouses and other family members. We are frequently asked
which is better----an individual plan, or a group plan. The
answer to that question varies depending on your unique
situation. We frequently get quotes for both options and
analyze the results to determine which is more cost effective. |
