Group Insurance Benefits ExplainedGet the details, guidelines, pros and cons, and future outlook of Group Insurance Benefits from the specialists

Insurance Brokers

A friend of mine owns a café here in town. My husband and I were in there the other evening and I overheard him talking to another patron about group health insurance. Of course, my ears perked up.

When he came over to say hello to us, I asked him if he was looking for insurance for he and his employees. He said yes, but that he was just going to go ahead and sign up for it on the Internet.

“You don’t want to do that Michael.”

“Why not?”

If you feel like my friend Michael and choose to go that route, chances are that you will not get the best coverage for the best price for you and your employees and you will waste a lot of time doing your research. This is time that could be better spent on your business.

Why Use a Group Insurance Broker?

• They have the knowledge and resources to provide you with quotes from multiple insurance carriers within a short period of time.
• They may save you money by making sure that all of the information is correct on the application and that your group is rated correctly by the insurance company.
• They will help you complete the master application and advise you on how to have your employees complete their applications.
• They will communicate directly with the insurance company on your behalf to assure that the enrollment process goes smoothly and completed in a timely manner.

Additionally, even after you are enrolled in your group plan, your broker will continue to assist you with enrolling new employees, understanding your COBRA responsibilities, answer questions from your employees and help you consider alternative plan options during your annual open enrollment period.

To get the best group insurance plan for you and your employees, consult an experienced group insurance broker. If you do not know of an experienced broker in your area, ask other business owners for a referral.

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