CALL 800.417.9210

Buyer Guides
Learn from industry experts before you choose the services you need.
Business Health Insurance
Avoid Penalties and Get Tax Credit, 7 Reasons to Choose Business Health Insurance Now
Also Receive No Obligation Quotes from 5 Vendors
Also Receive No Obligation Quotes from up to 5 Vendors

Rate It
By: Arlette Measures
Avoid Penalties and Get Tax Credit

Health insurance is one of the most sought after and useful benefits a company can provide for its employees. But choosing a health insurance provider for your small business can be very challenging.

It is worth the time and effort to find a quality health insurance plan provided by a reputable broker or agent. You will need to carefully consider the options you want to offer as well as the cost to your company. This guide will equip you with the information you need to choose a health insurance provider for your business, and will provide tips for making your final selection with confidence.

Important Facts About Health Insurance Benefits
Businesses usually obtain health insurance through either an agency or a broker. It is important to know the difference. Basically, an agent works for the insurance companies. Independent agents may represent several insurance companies while others work only for a single company. A broker, on the other hand, works for the insured company rather than the insurer.
Business health insurance has undergone some significant changes in recent years, transforming the way companies provide health insurance for their employees. Conventional plans, for example, are rarely offered, while user-driven policies have become increasingly popular.

Conventional (indemnity) plans allow employees to receive treatment from any hospital or doctor they choose. No referral is required to visit a specialist, and the insurance
company does not have to approve a specific treatment before authorizing coverage. This type of plan, while offering great flexibility for patients, is rarely provided by
businesses today due to the largely prohibitive costs. These plans also come with high deductibles for the patient as well as higher out-of-pocket costs for each visit.
Health insurance plans provided by employers today typically fall under one of three main categories; preferred provider organizations (PPOs), health maintenance
organizations (HMOs), and point of service (POS) plans. Here is an overview of each type of plan:

HMOs carry the lowest premiums of all types of insurance plans, keeping costs down by working with a network of hospitals and medical care practitioners. However, they also
offer the least amount of flexibility to patients, who must select a primary care physician (PCP) from among the plan's network of providers.

PPOs offer greater flexibility than traditional HMOs, while still working with a network of preferred providers. Patients may visit providers outside the network, but their out-ofpocket
costs will be higher than when using a preferred provider. Most PPO plans do not require the insured person to have a primary care physician. Also, employees can visit a specialist without first obtaining a recommendation.

POS plans combine features of both HMOs and PPOs. Employees do need to have a designated primary care provider, but they may also go to an out-of-network provider. The cost for out-of-network treatment will be mostly or completely covered if the primary care physician has made the recommendation. If not, then the patient is responsible for the bill.

Request Your Copy of This Buyers Guide
InsideUp can help you find the best business service providers that meet your specific needs.
If you would like more information, please submit the following:
First Name
Last Name
Phone Number
Zip Code
Employee Size
Job Title

Get Started
InsideUp can help you find the right provider for the business service you need. Use our service to compare service providers

To complete your request, we need the following information:

Get Real World Insights from Our Community Members
See What Members are Saying
Undisclosed has endorsed ProSales Connection, LLC as their Telemarketing provider.
Company Name has endorsed Leaders Merchant Services as their Business Cash Advance provider.
Ottison Dwight 2050 Project Management Consultancy Service has endorsed eCapital as their Factoring Service provider.
CENTRAL PAYMENT SYSTEMS has endorsed TSYS Merchant Solutions as their Credit Card Processing provider.

FREE Mobile App

Connect with our InsideUp Services on the go!
Easy and Convenient to Use
Follow Us
linkedin facebook Google + tweeter youtube pinterest
Get the Latest Edition of Our Newsletter

© InsideUp, Inc., 8880 Rio San Diego, Suite 800, San Diego CA 92108, ALL RIGHTS RESERVED
Site Map | Privacy Policy

To complete your request, we need the following information: