Group Benefits for Employers
GROUP HEALTH INSURANCE
Group Medical Insurance is becoming more complex all the time with the passing of national and local legislation. And then there are all those confusing acronyms: HSA, HRA, PPO, HMO, PPACA, and GAP. What does it all mean? Where does it end? Let us help! We have experience with all these programs.
In order to obtain underwritten quotes for groups with 2 – 50 employees, we will need a census form completed with names and dates of birth for employees and dependents. If there are current group benefits in place, it is helpful to have copies of the current benefit summaries.
For groups with 50 or more employees, a group health statement with two years of claims experience needs to be completed by someone in Human Resources. If the group does not have two years of claim experience, then each employee will have to complete a Uniform Medical Assessment Form (UMAF's) in order to obtain a group quote.
GROUP Ancillary Benefits
Group Ancillary benefits help add value to your business.
Ancillary benefits like dental, vision, and life insurance can be the value added that gives employers a competitive edge in the job market. They can also increase employee retention among your more senior workforce.
We can quote plans that suit the needs of your business - whether that be dental including orthodontia for employees with growing families, vision benefits that have everyone's optometrists in network, or life insurance that has conversion options. We can work to get you a quote that has it all! To get started, fill out our census form linked above and send it to groupadmin@covellconsultantsllc.com.