Knowledgeable Advice from Your Experienced Mississippi Broker
As a small business owner, you have a lot to handle as you work your way to success. There are customers to service, products to create/source and sell, and employees to manage. Keeping a sound team dedicated to making the company strong can be rough if you do not have an excellent benefits package. For many people, staying in a position is not all about money. It is about satisfaction with their work and knowing their company takes steps to help them protect their families.
When your most significant assets leave at the end of each working day, it is vital that their health care needs are met. As a small business owner, finding the right types of insurance can be overwhelming, not to mention, seem expensive. Deciding the best course of action should not be a random choice. Instead, get help from an experienced group health insurance broker in Jackson. Our professionals can help you make the best decision for your employees and your company.
Types of Group Health Insurance
It is easy to think all policies are the same. However, that is not the case. Some employers provide individual plans. Others seek out plans to cover all employees and some offer nothing. Avoid the frustration of funneling down the four different types of programs with our help:
- PPO: PPO stands for “Preferred Provider Organization.” These are probably the most common plans available. With a PPO, your employees utilize the medical services from doctors and hospitals on their carrier’s preferred provider list. This ensures that claims are paid out at the highest level of coverage.
- HMO: With an HMO, or “Health Maintenance Organization,” your employees will choose a primary care physician (PCP) to receive the majority of their health care from. If a specialist is required, the PCP will do the referral. This network of service providers contract exclusively with the HMO and offer a wide variety of healthcare
- HSA-Qualified: An HSA (Health Savings Account) is an individual bank account that your team members use to save pre-tax money exclusively for future medical needs. These are often tied to PPO plans. Another version that offers advantages to employers is a Section 105 Healthcare Reimbursement Plan (HRP).
- Indemnity: Employees can choose their doctor and hospital under this plan. Money is set aside by the insurance company to pay a portion of charges accrued. It is possible that a consumer will be required to pay for some services up front and then be reimbursed by the plan.
Work with an Experienced Group Health Insurance Broker in Jackson, MS
Keep your team happier by offering them a health coverage plan that meets their needs. The professionals at EPG Benefits are here to help you navigate all the options available so that you can make the best decision for your company. We take the time to sit down with you and listen to your protection and coverage needs. Then we work hard to find you the best rates and coverage. Discover the value of our services today.
Give us a call at 601-982-3000 or request a quote online for group health insurance in Jackson, MS.
Disclaimer: Securities Offered Through Valmark Securities, Inc. Investment Advisory Services Offered Through Valmark Advisers, Inc.
Executive Planning Group is a separate entity from Valmark Securities, Inc. and Valmark Advisers, Inc.