Florida Group Health Insurance

Florida Group Health Insurance Plans

For Groups of 2 or More Employees

We can help you obtain affordable Florida group health insurance for groups of two or more employees.

Our Rates and Plans are Printed on this Web Page
You Do Not Need a Census Form

• Florida Small Group Health Insurance for Groups of 2+
• Full Major Medical and Health Savings Account (HSA) Plans

Call for details at 800-272-0512 or 954-757-0033 in Broward

Low-Cost Florida Group Health Insurance

There are literally thousands of insurance agents that will give you quotes for all of the well known group health insurance plans. You fill out a census and they send it in to the carrier, and in a day or two they get back your proposal. If you contact ten agents, chances are you will get ten identical proposals. After all, they are all sending your identical information to the same clerk at the same carrier to be run with the exact same software. Unless you have an extremely large group( 100+), you cannot bargain for lower premiums.

So, if you have already gone through this futile exercise and the rates are still too high, maybe we can help.

What We Do and Why We Are Different

We take a different approach to group health insurance. We use lower-cost, higher deductible plans and pair them with low-cost supplements, Health Reimbursement Accounts and gap plans.

The net effect is an overall lower cost for you and your employees.

Florida Group Health Insurance Plan Alternatives

Traditional group plans are not always the answer. If you have an essentially health group of employees, we can use private plans coupled with a premium only FSA or HRA plans. In case you were not aware of it, group health insurance is generally a lot more expensive than a private plan.

Again, we can create a custom solution for you.

Florida Group Indemnity Plans

Using an indemnity plan for Florida group health insurance can be the answer for low-wage employees. The core of these plans are professionally managed indemnity insurance that pay specific amounts based on a schedule.
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Lower Florida Group Health Insurance Costs with an HRA (Health Reimbursement Arrangement)

This section is a little complicated and we will be revising it to make it more intelligible. We have a number of "tricks" that the IRS permits to bring down group rates. Give us a call for details.

It should be obvious to everyone that moving from a lower deductible to a higher deductible will bring down the cost of health insurance. However, you might have an employee mutiny on your hands. This is where the HRA comes in.

With an HRA you put money into a spending account for the employee. They use this money to pay for medical expenses, voluntary health insurance, etc. This is entirely employer funded and the unspent money is carried over and not lost. The funds belong to the employer and not the employee.

The HRA is authorized under section 105 of the Internal Revenue Code. The plan is usually set up to reimburse for medical expenses associated with a health plan like doctors visits, prescriptions, etc. The plan can be designed to reimburse for other expenses such as vision tests, dental, orthodontics, and much more. The great part about theses plans are that you design them. You control of how you want the plan to perform.

There are many advantages to you, the employer.

First of all, you decide what you want to cover and how much you will pay out.

Second, you are not pre-funding an account where unused money goes to the employee.

Third, you can use a higher deductible health insurance plan. The savings in premium is generally much greater than any assistance you provide the employee in the HRA.

Finally, the employee will feel secure with the higher deductible plan knowing that there is some assistance for routine medical expenses. The chances of them meeting deductibles is slim and you are benefiting from the reduced premiums.

Florida Group Health Insurance - A Consultive Approach

We can save you money on your Florida group health insurance. Give us a call

800-272-0512 (Mon - Thur 9 AM to 8 PM and Fri to 6 PM)