December 17, 2012

Group Health Insurance

Are you to busy to look for the best group health insurance rates?

group health insurance

One of the largest expenses, and largest benefits for a business, is the group health insurance coverage; however, if nobody is monitoring the cost of Medical Insurance, Dental Insurance, Vision Insurance, Life Insurance, and Disability benefits offered to the employees, it can get really expensive, really fast.

Talk To An Expert Business Insurance Agent

That’s why you need an expert insurance adviser to do the work for you!¬†With every changing rates and government policy, you need an agent who is going to not only keep you updated, but who is going to be your advocate to find the best solution for you as the employer.

At Cornerstone, our business insurance agents will review your group health portfolio each and every year to make sure that you are getting the best rate with your current provider.

Get answers to some of your questions about group health insurance for your business below or contact the independent health insurance agents at Cornerstone Preferred Insurance in Glendale and Santa Clarita to get started! Fill out an online form or call (888) 840-4020 to speak to one of our business insurance specialists.

How much will group health insurance cost?

There will be a number of different criteria that will determine the cost of your plan, including:

  • Age of your employees
  • Size of your company
  • Location of your company

Now that the Affordable Care Act is in effect, pre-existing health conditions of your employees will not impact insurance rates.

What business qualifies for group health insurance?

Businesses may become eligible for a group health insurance plan if they meet these standards:

  • The business has a minimum of two full-time owners, partners, and/or employees. A tax statement will be needed to confirm this.
  • The business is legitimate, which can be verified by a license, articles of incorporation, or articles of organization (LLC).
  • The business contributes the minimum percentage as stated by the insurance provider.

These criteria may change with providers and states, so make sure to check the specific standards of your chosen insurance company.