Why didn’t your current broker tell you?
Why do you think? They don’t get paid as much offering this coverage plan!
Secrets the Health Insurance Companies and Brokers don’t want YOU to know!
IMPORTANT STRAIGHT FORWARD ANSWERS TO THIS PROGRAM
How can this be? It seems too good to be true.
Only within the last 3 years was there a change under the Federal Law (SBEA – ‘The Small Business Efficiency Act’) allows you to become part of a larger group program for health insurance and other business services. This program can select the better risk groups and therefore can receive significantly lower rates. This is contrast to the new Affordable HealthCare Act which mandates insurance companies do not select or rate groups differently and therefore the better risks are charged more to subsidize other groups. Two years ago there was a change under the Federal Law that allows you to become part of a larger group benefit program.
This program can select the better risk groups and therefore can lower the rates.
Under the new health law insurance companies cannot select or rate groups differently and in the end better risks are charged more to subsidize other groups. See if you qualify to be in the better risk pool.
You may also be eligible to receive an administrative package including payroll, benefits administration, human resource software, ACA reporting, time and attendance software, recruiting software, onboarding software, and compliance reporting as part of the insurance package.
This is what you want and need to run your business better but hasn’t been available to smaller companies at an affordable price.
So what is the Catch? You must qualify to be in these programs. These are the same networks and the same plans you have available now.