What are the Small Group Benefits When it Come to Insurance Coverage?

Friday, December 28th, 2018

The Benefits in Small Group Health Insurance Coverage?

According to the U.S. census in 2012, the 28 million small businesses in the United States generates employments to as many as 52.6 million American people. In spite of the fact that small business employers aren’t obliged by law to provide insurance coverage plan to their employees, they are still being encouraged to provide these benefits due to some aspects that contribute and affects significantly to their business success. Most of the employers provide these benefits for employee’s retention and also to attract new talents that would be great assets to the company.

The Differences between Traditional Plan and Managed Care                

Every group health insurance has its own set of small group benefits and vary depending on some factors whether it is a traditional type of plan or a managed care plan. Most of the time, a traditional plan comes with a higher premium rate since it has a wide range of doctors and hospitals while the managed care plan would cost less than the other type of plan since it a bit limited options when it comes to choosing doctors and hospitals.

Major health insurance providers offer both types of plans and government in most states require that business owner covers at least 50% of the premium cost. Without proper knowledge, many employers think that they are required to pay the whole premium cost which causing them not to provide this essential employee’s benefits. However, most of employers still know that when they are not providing the adequate health insurance coverage to their employees, it affects their relationship with them in a disadvantageous way.  Statistics shows that 75% of small business employers admit that their business suffer due to not offering small group health insurance coverage to their employees.

Reasons for Providing Health Insurance Coverage

Based on what has discussed above, we can say that providing employees with the health insurance coverage is not that expensive as what most employers think and not offering this essential benefit to their employees affects the business operation negatively. That being said, let’s check some reasons why a small businesses  should consider providing health insurance coverage to its employees even it is not required by the law.

Good Employees Retention and Recruiting New Talents

As what we know, group health insurance coverage is one of the good benefits that attracts new talents and a great reason to stay in a company especially to small companies. In small business, new employees may be tempted to move a larger company or to a big corporation that may offer better benefits than what they are getting from their current employer. However, considering some other factors and having a great group insurance coverage including health insurance from the employer, great employees have more than enough reasons to stay in the company and won’t even think or consider to join to other bigger company. This will also attracts great new talents in the future.

Tax Benefits

Offering group health insurance coverage to employees results tax benefits both to employers and employees. Most of the time, all the expenses incurred for providing the insurance coverage would be 100% tax-deductible for the business. In addition, with legal paper works, employees’ contribution can be made on a pre-tax basis as well. The employer will be allowed to make employees’ contribution before paying them to avoid from dealing with any tax liabilities related to their contribution which is giving a higher net pay to employees.San Jose Museum of Art

The Benefits of Offering Small Group Benefit to Your Workers

Monday, November 26th, 2018

Health Insurance Admin

In this article, we would like to give you an overview about what a small group insurance is, its importance to your employees, and why it is right for your company. Please allow few minutes of your time as we let you understand how a group insurance can be beneficial for you as an employer.

Your Business and Group Health Insurance

A group insurance is a type of insurance plan given to employees by their employers where the company pays it at a discounted rate. Discounts are given by the insurance provider since it comes in bulk or for a certain number of people, not individual. This also means that employees given with this type of insurance receive similar benefits and so the costs can be reduced and the application process is faster as well which will also get most people approved.

One of the advantages of getting the group health insurance is that you employees can cover their spouse, children, and other family member that they may want to include on their insurance. Plan coverage and premium rate also vary depending on the type of insurance plan a company has chosen for their employees. An employee may require to pay more than the basic premium rate if he or she wants to acquire more health insurance benefits or coverage, or if he or she wants to cover more members under his or her insurance plan which is beyond the number of people being covered by the company.

Benefits of Groups Health Insurance

The most advantageous part for employers of having a group insurance for his or her company is that i is more affordable compare to other type of insurance. Although employees have to pay some part of the cost of the insurance plan, however it would not affect their income that much since it is very affordable. This means that the company can take care of their employees’ health at very low price which gets an overall efficiency and high level performance from employees in return.

How to Get Insurance for Your Small Business

A company is considered as a small business if it has 50 full time employees or fewer. If you are a small business owner and interested to buy a group health insurance, then your option is SHOP (Small Business Health Options). This is the insurance program for small businesses. If you are not that familiar yet about this insurance, it is a good idea to get assistance from an insurance broker. Broker would be very helpful when it comes to getting all the insurance plan details you need and will help you in choosing the type of plan coverage that would be best for your employees and your business. They assess the needs of your business carefully and finds the best plan that works best for everybody. A good broker will let you understand why they choose that specific plan they are showing and won’t offer higher plan type that you think your business don’t need.

For most people, insurance plan is commonly heard and understood but not the group health insurance. As an employer, you won’t get interested in getting if you don’t have enough knowledge about it. However, knowing its advantages would be very helpful for you to decide in getting one for the future business success. Dublin, CA



The Importance of Having Group Health Insurance for Your Business

Wednesday, October 10th, 2018

San Jose OctHaving a protection for your business plays a big part of your company work around. It is very important especially if you are running a business that has people working for you and if there are many risks that has to deal with while running your business. For an instance, consider the possibility that your people might get injured while they are performing their tasks. And it happened, their protection should be provided by the company. Business insurance is the way on how you can protect your employees and so your business. In this post, we’ll help you to better understand how important of a small group insurance for your business and how to get it to protect your employees.

A Business Group Health Insurance

A business group insurance is a type of insurance policy that employers can offer to their employees. This is well-known as employer-sponsored or job-based health insurance. Most of the time, this type of policy covers the employees’ dependents and benefits are also available as what the employee has.

Compare to an individual insurance acquired by an individual, small group health insurance is very much advantageous when it comes to paying for the premium. In this type of insurance, the employer and the employees divide the premium costs. A percentage rate is also included in the payment which the company should pay. After careful evaluation of the past healthcare cost for the group, premiums can or may increase.

Extending the risk among the members in the group is allowed in a group health insurance. This is the reason why insurance companies offer great discounts for this type of insurance.

The Importance of Having Group Health Insurance

The success of any business is directly affected by the performance of the employees within the business. For the business to be successful, employers have to make sure that employees are productive and protected. And the best way to get protection for your employees is in a form of group health insurance. This will let the company to give an opportunity to their employees to get complete protection at a very low price. If an employee gets injured while on duty, a medical attention will be provided right away having a health insurance coverage. Even if employees got sick outside their workplace or off duty, or as long as medical attention is needed, having the group health insurance is giving them security anytime and they are only paying it in a very affordable price.

How to Get Group Health Insurance

If you are now considering to get a group health insurance, the first thing that you need to know is how to know the right insurance provider for your company. For starter, you must find an insurance company who takes time to work with you to create a policy that fits your business.

Choosing the right company, coverage and all other aspects to consider in acquiring a group health insurance is not that easy. So a right insurance provider will take time to carefully look over your business to help you find the best protection that your employees need. Another way to get a good protection is to get a consultation from an insurance broker that is knowledgeable and offering you an affordable healthcare for your business.

The Benefits and Administration of Small Group Insurance

Wednesday, September 19th, 2018

Insurance Sept 2018Taking good care of your employees leads to a good result in a business. As an employer, ensuring your employees’ protection is considerably a good investment to make. Offering them the benefits of group health insurance is one way of protecting them. While they are working for you, this is one of the best options you can provide to them due to its reasonable cost and it is pretty much affordable compare to other kind of health insurances. This is why it is very important that employers should have enough knowledge of what a small group insurance is and how employees can benefit from it. In this post, we would like to provide you further understanding about how useful a small group insurance to your employees and the ease in getting this kind insurance for your employees.


Small Group Health Insurance


The health insurance benefits can be offered by employers to their employees through small group health insurance. If an individual employee were to get his or her own health insurance, it would cost him or her a lot compare to what employees are paying for their small group health insurance. Small group health insurance is much more affordable, this means a big help on their savings or earnings.


Providing affordable health insurance to employees will be advantageous on employer’s side as well. Once a health insurance is available, employees can take advantage of regular checkups that prevents illnesses in earlier time. Healthy employees are the one efficient and productive in your business. By now, if you are thinking about a long term effect to your business, you should have a better understanding how it is important a small group health insurance in protecting your employees and your business.


How Small Group Health Insurance Works


Insurance companies generally offer discounts to group health insurance since it is being offered for pool of people in a single contract. This means that involving a group of people on this insurance, the risk spread evenly and employees get equal benefits.


In addition, getting a health consultation from an affiliated doctor is more affordable than going to other doctor that is not included in the network and to pay on their own. This gives employees an enormous financial benefit that can only be given through a small group health insurance.


How to Get a Small Group Insurance


The first thing that has to be considered in searching the right insurance plan for your business is knowing what type protection your business needs. It is very highly recommended to get an assistance from a professional insurance company to obtain full knowledge about it. Thereafter, you may choose to purchase plans through:

  • a private website
  • a public SHOP online marketplace
  • a licensed health insurance agent or broker


A Guide To Group Dental Insurance Plans

Friday, August 24th, 2018

A Guide To Group Dental Insurance Plans

Most insurance plans you get usually protect against major illnesses and other unexpected things that happen in life. This coverage is good, but you need dental insurance to take care of your dental health. Dental insurance allows you can take control of your oral health.

The Definition Dental Health Insurance

With a dental health insurance plan, you won’t have to worry about expenses when you got for a dental checkup. Without having to worry about costs, it becomes easier to maintain your oral health. Oral health is just as important as your overall physical health, which dental insurance important.

Individual dental insurance can be expensive. However, this isn’t something you have to worry about when you opt for group dental insurance. A group dental insurance plan means you’ll pay a lower premium rate and gain the benefits of having this type of insurance.

Types of Group Dental Insurance Plans To Consider

By now you should be thinking about getting group dental insurance after knowing the benefits it offers. If this is the case, here are three main types for you to get.

Preferred Provider (PPO)

A dental PPO also functions identically to a medical insurance PPO in that the process of choosing a network of a group of doctors and groups of dentists is the same.

To get the most out of this type of insurance means you’ll have to get your oral health care done by a dentist included in the network you’ve chosen. If you still opt to use a dentist outside of your network, you’ll have to pay more money.

Dental HMO

A Dental Health Maintenance Organization (HMO) functions the way a PPO works in that it also features a network of dentists. The main difference with this type of plan is that you must use a dentist included in the system. Doing gives you the kind of coverage you need.

If you use a dentist that’s outside the network, you’ll have to pay for all the expenses yourself. This insurance is a good option when you need to have expensive dental procedures done as it will cost you less.

An Indemnity Plan

This type of insurance is designed for a person who wants to use a particular dentist that’s not a part of a network. The way this plan works is that a patient pays all the expenses up front and then reimbursed for some of the total cost.

If you would like to stick with the dentist that’s a part of a particular network, then this is not the type of plan you’ll want to use.


Dental health is important, and you must do everything that you can to take care of it. Individual dental health insurance can be expensive which is why you should opt to go for the group dental route. By getting group dental insurance, you get affordable dental health care provided by dentist included in your network. Get group dental insurance today and take care of your dental health for a lifetime.


The Benefits of Getting Group Health Insurance For Your Organization

Tuesday, July 3rd, 2018

The Benefits of Getting Group Health Insurance For Your Organization

Life is unpredictable, and many things happen that we just aren’t prepared for. If you own a business one of these things are the injury of your employees. The type of unpredictability we’ll be focusing on is health related problems of employees. To remedy this possible problem, one must offer group health insurance to their staff. Group Health Insurance helps to provide assistance if your employee ever needs medical attention. In this post, we’ll take a closer look at what group health insurance is, how it benefits your company and how you can provide this benefit to your employees.

What Is Group Health Insurance?

Group health insurance assists with providing health care coverage to a group of people. It helps to make healthcare affordable for the staff of a company. This type of coverage also provides many benefits for the employer and the employee. Group health insurance plans are one the biggest benefits a company can offer to their staff.

The Benefits of Group Health Insurance

Having group health insurance for your business offers many advantages. One of the biggest ones is making health care services affordable for employees. Healthcare could be expensive if an employee were to get it on their own. Fortunately, you can set up a group health care coverage within your organization and allow them and their families to access the best health services.

With healthcare being more available employees will feel better when it comes to having regular check ups. This is one of the biggest benefits for you the employer. When your employees feel better about getting regular checkups due to the affordability, it can help them to spot health problems from early. By detecting any health problems early, they can deal with them early and protect their health. All of this creates a more efficient workforce and improves the overall productivity of your business.

How Can You Get This Type of Insurance?

Getting this type of insurance begins with finding the right company. When looking for insurance, you want to work with an experienced insurance agent who’ll work with you to discuss the needs of your business.

A good insurance company helps you to find what type of protection your business needs and helps you to create the right group plan for your business. If you are serious about offering group protection to your employees, then you can also work with a broker to get the best deals.


To improve the overall productivity of any business one must ensure that the people working stay protected. Protecting your employees provides many benefits to your company. The way you’d go about protecting your employees is by offering group health insurance in your business. With group health insurance you give your employees the opportunity to have affordable healthcare.

Affordable healthcare means your employees won’t hesitate to get medical attention. Getting medical care from early may stop serious health issues which then results in less sick days. Less sick days helps to create an efficient workforce. Protect your business and get group health insurance for your employees


Things You Need to Know About Group Health Insurance Plans

Monday, May 21st, 2018

La Fayette MayIn the United States, the most popular employee benefits being provided by an employer to their employees is the group health insurance policy. This is the type of insurance that is much known to different types of companies like small businesses, large enterprise or even to corporations. The reason of this is the great benefits that the employer and their employees can get.

How a Group Insurance Beneficial to Americans?

Health insurance policies are usually being paid by both the employees and their employers into an equal payment on most companies in the U.S. This seems to be very advantageous for both employers and employees considering the benefits they are getting from having the group health insurance plans. Aside from this, because of the POP or the Premium Only Plans, insurance monthly payment falls under pre-tax. The employer’s contribution’s taxes are not being paid by their employees as well since these taxes are covered by POP and this makes these plans heavily subsidized in taxation.

Because of the affordable rates being offered to companies, group insurance plans is very beneficial for both employers and to their employees as well. Since group insurance is more about getting insurance coverage due to a common factor than a necessity, insurance companies are expected to offer better rates to Group Insurance Company compare to individual plans, and so this makes a win-win on the side of employers and employees as well.

Offering great benefits to best workers is one way of retaining in the company. Employers see their best workers as talents and assets to the company, this is why employee retention is a very important factor in a company that is always being taking care of. And that being said, employers are likely to offer great employees benefits to their best workers and perhaps it is proven as one of the most effective ways to retain best employees. This is also another way of attracting new talents to most companies. Above all these, having a group insurance plans results good outcome in productivity and employees morale and also prevents unplanned leaves.

Are All Such Policies the Same?

Are All Such Policies the Same? The answer is no technically. The main reason is that laws that governs the insurance policies varies and so its regulations. Moreover, there are different types of business depending on how large the business is which usually defined by the number of employees in a company. Small business owner compare to larger company employer has different capability when it comes to providing insurance coverage that is why laws has different regulations for different companies and premium tends to differ as well.

When Losing Access to the Group Insurance Coverage.

Some of the reasons why a person lose his or her access to insurance coverage plan are job loss, divorce and other similar reasons. However, considering thses types of reason, people could still keep their insurances in a certain period of time. This is one of the good reason why companies tends to offer group insurance plan to their employees which looks very beneficial for both employees and employers. Moreover, some can even extend their insurances as long as the group insurance is existing. Thanks to the federal Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA). However, not all states can take advantage of this act but have better options that they can offer to their people.

La Fayette May Location





Understanding Requirements and Premium Rates for Small Group Health Insurance

Saturday, April 14th, 2018

Walnut Creek AprilGenerally, businesses are categorized into two major types, a small company or a large company. A company reaching 50 full-time employees or equivalent, or has more than this number is legally a large business. On the other hand, a business having less than 50 full-time employees is then considered as small business. That being said, laws governing different types of businesses also differ quite a bit when it comes to health insurance. The objective of this article to provide some learning to workers or employees regarding small group health insurance that is very important to them.

Learn about Coverage Requirements

Based on laws, small employers are not obliged to provide group health insurance coverage to their employees. However, there are important business needs or factors that most small employers have given a lot of consideration. These are employee retention, especially when keeping best workers and attracting new talents for the business, reasons why small group health insurance are being provided by the employers. Meanwhile, there are some cases that federal and state laws may apply to small employers. However, there are factors that still need to be considered such as number of employees and the type of business and if the coverage is being provided through an insurance company. But because of the implementation of the Affordable Care Act (ACA), certain level of requirements has to be included in a small group health insurance plans. ACA has set different benchmarks to ensure that employees get the right amount of benefits.

“Metal tiers” or the different levels of benefits are basically based on the plan pays of the average total medical expenses.

  • Platinum plans: These are the best ones, but also the most expensive. They usually cover as much as around 90% of medical expenses
  • Gold plans: These plans cover 80% of medical expenses
  • Silver plans: A silver plan would usually cover around 70% of medical expenses
  • Bronze plans: These are the most affordable ones and offer the least benefits, paying just around 60% of medical expenses

Please take note that the levels mentioned above reflect the average medical expenses they may cover. It isn’t the same as coinsurance, which requires an individual to pay a certain percentage of the overall medical expenses. There are also several other requirements when it comes to group insurance coverage, based on laws that are covered under the ERISA, HIPAA and other such acts.

Determination of the Premium Rates

Presenting of ACA affects how premium rates are being determined in different ways that they used to be. They are mainly based on the modified community rating that takes limited factors into consideration for coming up with the premium rates. These factors are age, geography and the life style or health status of an employee. For an instance, the rate of a 50-year old male employee happens to be a chain smoker and suffers from cancer would likely be higher due to his major health condition. However, a 30-year old healthy male employee with diabetes would still get the same high insurance coverage rate.

Depending on the state where you reside, as an employee, your employer may allow you to choose your insurance company. Moreover, they may also be able to offer you different plan options within a particular metal tiers or different levels.

Walnut Creek April location


Things You Need to Know About Health Insurance Brokers and Agents

Wednesday, March 7th, 2018

San Jose March

If you’re in a business that’s looking for an insurance provider, an agent or broker can be very helpful in choosing the right plan for your company or even for the best insurance coverage plan for your family. A good broker can definitely help you to save a bit of time and money which probably you might be spending when you are trying to look for the best insurance plan on your own.

This is how important a health insurance agent or a broker in choosing the right coverage plan for you especially if one has enough understanding on your business need and for your employees. A knowledgeable agent or broker will provide you all the best options and let you understand them.

Help you understand your insurance needs

A licensed agent or broker is commonly named as “producer”. Due to the complexity of the American Health Care System, we likely need their assistance to prevent any confusion in choosing the right plan. Explaining what are the insurance coverage plan is not that easy job that can be done by anybody. One should be knowledgeable enough to provide explanation and will let us understand the plan easily. Moreover, a good producer is providing you insights of your insurance needs and would be a guarantee that you’ll choose the best decision for your insurance needs.

Types of Producers

There are two common types of producers. They are the “captive” and “independent”. Captive producers are usually the one who are working under an insurance company while the independent producers work on their own or not for a specific insurance company or provider. However, most of them ae the same in a way that both types of producers are getting percent of the plan amount or a flat fee as a commission.

Should you go with an agent or a broker?

Getting consultation from a broker or an agent about how to choose the best insurance coverage plan would be a good step for a business owner. In this way, an employer will get his or her best options on what would be the right plan for his business, what’s best for their employees and even when looking for own insurances for his or her family. Brokers and agents are the one that has enough knowledge and understanding about business needs. They can provide insights of your insurance needs, which, in turn, will help you choose the right plan. They can also help you find a better fit by searching through the market for different plans and finding one that fits the bill perfectly for you. Since decision may depend on your needs, it’s better to meet a few agents and brokers. Finally, also remember that working with multiple agents may not be a good idea, as it would be pretty much the same as working with a broker, but with limited advantages.

Why health insurance is different?

Health insurance is different from other type of insurances. This is because buying the plan is only a small part of the process. It’s also not very uncommon to switch plans a few years down the line, as the health insurance needs of your employees or family are constantly changing. Getting help from the right people, searching for options, and having enough information about group health insurance may take a bit of time but these are ways to save your time and money and will provide you a long term good result and will definitely be beneficial to the people your providing for. Please be also reminded that health insurance needs of your employees or family are constantly changing. San Jose March Location