Small Group Medical Insurance Plans
Get Quotes for Group Medical Coverage & Group Medical Plans
If your business has employees, you should look into small group medical insurance plans to see if this is a benefit you should be offering. After all, most employees consider medical insurance coverage second only to their salary in importance. A group medical plan could be just what your business needs to attract and keep the best employees.
A great way to find the right group medical coverage for your company and employees is to use eHealthInsurance, the online leader in small business group medical plans. Through the use of advanced technology, eHealthInsurance quickly gets you no-obligation quotes for group major medical insurance, allowing you to research, analyze, and compare the options that are available for your company.
Small Group Medical Insurance Plans
There are two categories of small group medical insurance plans: indemnity plans and managed care plans. An indemnity group medical plan is becoming less common because while they offer great amounts of freedom when choosing medical care providers, they usually have higher out-of-pocket costs as well as require more paperwork when filing a claim.
Managed group medical plans are becoming more popular and come in the following three varieties:
- PPO - Preferred Provider Organization group medical coverage allows you to see any doctor or specialist within the network without first needing to be referred by a primary care physician. You most likely will have an annual deductible to satisfy and may be required to pay a percentage of total charges, though this will depend on the plan you select. A PPO offers great flexibility when it comes to choosing your health care professional, but it does generally come at a higher price.
- HMO - With a Health Maintenance Organization, you will be required to choose an in-network primary care physician who will be responsible for referrals to specialists. You may not have an annual deductible you need to satisfy with an HMO, and you may also have a broader range of covered preventive healthcare services. However, an HMO usually will not cover any part of healthcare provided by an out-of-network doctor or facility, which means you will be stuck paying any such costs.
- POS - Point of Service group medical insurance combines features of both PPO and HMO plans. You are required to pick a primary care physician with a POS and you may be required to get a referral before seeing a specialist. A POS group medical plan allows you to see non-network providers, but these visits may be subject to a deductible and higher out-of-pocket costs.
When choosing the type of small group medical insurance plan you want to offer your employees, you will have to weigh the benefits of a particular plan type with the costs associated with each group medical coverage type. eHealthInsurance is able to help you compare your options and research which plan is right for your situation.
Getting Group Medical Plan Quotes
Getting quotes for group medical plans has never been easier than using eHealthInsurance, the leading online small business group insurance provider. As a licensed insurance broker in all 50 states, eHealthInsurance is able to give you side-by-side comparisons of the leading providers of group major medical insurance plans. Once you find the plan that is right for your company, you can easily apply online.
Get your no-obligation small group medical insurance quotes from eHealthInsurance today!