| Group Health Insurance is necessary to attract | | | | and has the group health benefits that meet your |
| and keep good employees. While employers may | | | | expectations.Is going with the biggest named |
| not like the cost of group health, they should be | | | | group health insurance companies, the best |
| aware of the benefits to the company and overall | | | | choice? Choosing the "big name" companies over |
| morale. There may be things you as an employer | | | | less known, group health insurance companies |
| can do to alleviate some of this costly pain. Also, | | | | with reputable ratings, may not be in your |
| all Group Health companies and insurance agents | | | | employees and yours' best interest. All group |
| that offer them are not created equal.The cost | | | | health plan are not designed the same. If XYZ, |
| of this health insurance versus the need for solid | | | | group health companies pays 80% for a |
| employees should be weighed. There a perception | | | | mammogram and ABC, group health company |
| that many in this country that employees will take | | | | pays all, could it make sense to you to check the |
| a cut in pay if they were to be guaranteed a | | | | other benefits of the health plan?Employers realize |
| group health plan. There is a simple explanation for | | | | that they must offer group health to attract and |
| this reasoning. People know they will have to go | | | | keep quality employees. There are a few hints |
| the doctor. Women need to have mammograms | | | | that can keep group health costs down. It is |
| and pap smears, the children need their shots and | | | | important to realize that an initial group health |
| physicals, and men need their prostrate examined, | | | | quote, with no underwriting is worthless and |
| people realize these services cost money. | | | | probably should never be used. The listings of the |
| Employees often would prefer that you take | | | | benefits of the group health plan would be |
| money out their check for group health then for | | | | meaningful. While big companies have good |
| them to write a check each month for it.Get up | | | | "branding," do not overlook smaller group health |
| to Five Free Group Health Insurance QuotesIt is | | | | companies with good ratings.Other Group Health |
| the job of to keep your group health cost to a | | | | Tips1. Realize that you will be required as an |
| minimum. If you already have a group health plan, | | | | employer to contribute as least 25% of the |
| you can raise the deductible to discourage | | | | premiums for the group health insurance. (I never |
| overuse of coverage by your employees. | | | | seen an group health carrier ask for less.)2. Also |
| However a dramatic raising of group health | | | | realize that many group health carriers want at |
| deductible or co-payment may cause some | | | | least 60- 70% participation of eligible employees |
| rumbling among your employees. Yet it is t is a | | | | to take the group health insurance or they will not |
| good idea to start with a lower deductible, so you | | | | underwrite the group.3. Before you bind coverage |
| can absorb rate increases. (Your group health | | | | with an agent or broker, find out who will process |
| rates will go up) Also know beforehand what | | | | any claim paperwork and who your employees |
| networks are in your area, and what health | | | | call about a claim.4. Decide whether you will want |
| networks most of your employees' doctors | | | | current employees to keep their group health |
| belong to.It is very important to review and | | | | insurance when they retire.5. Review and ask |
| understand your group health quotes that you will | | | | questions about such terms as group health |
| receive. Any insurance agent or broker that | | | | deductibles, coinsurance, and maximum limits if |
| provides you with initial group health quotes over | | | | you are not familiar with them.Matt McWilliams is |
| the phone, without having your employees fill out | | | | one of the co-founders of |
| any applications, is doing you a disservice. Unless | | | | HometownQuotes.Com, an online insurance quotes |
| the agent is the Great Houdini, no one in our field | | | | web site. He is originally from Pinebluff, NC and |
| can give you a firm, group health quote without a | | | | attended Middle Tennessee State University. He is |
| thorough underwriting. Group Health Insurance is | | | | considered an expert in the field of online |
| too complicated to be taken this casual. | | | | insurance shopping and finding new ways to help |
| Remember, look for an agent that gets to know | | | | consumers save money on their insurance. |
| your particular situation, understand your needs, | | | | |