Using a Broker to Shop for Group Health Insurance: What Should You Know?

Using a Broker to Shop for Group Health Insurance: What Should You Know?

Are you thinking about hiring a broker to help you select a group health insurance plan for your business? Insurance agents can be incredibly helpful for businesses looking to cover all of their employees with a single plan. At Good and Associates, we work with top insurance providers to provide our clients with a range of great group health insurance options.

Continue reading for more information about using an insurance broker to select the right group insurance plan for your business.

Cost of Insurance

With the help of a reputable health insurance agent, business owners are in a far better position to save money on an effective group insurance plan. A broker can help you compare the cost of purchasing individual health insurance for each of your employees versus a single group health insurance plan, and compare the coverage included in each plan.

At Good and Associates, we understand that all businesses have different needs depending on the nature of the business, the number of employees, and many other factors. Under the Health Care Reform and the Affordable Care Act, business owners do not have to worry about insurance brokers raising your premiums, as this is strictly prohibited in the United States.

Greater Range of Options

One of the problems with going through an insurance company directly for information is that they will attempt to persuade you to select their services above all others, regardless of whether or not they are right for your business. Researching individual insurance providers can, therefore, be time-consuming and it can be extremely difficult to obtain accurate information.

One of the major benefits of using an unbiased insurance broker is that they will review all feasible options for your business and help you select a plan that fits your needs. Insurance brokers do not favor any particular insurance company, and they have the knowledge and tools to quickly filter out insurance plans that are not suitable for your budget or coverage needs.

A Broker Can Save You Time

Regardless of your level of experience in dealing with insurance companies, finding and applying for the most cost-effective and beneficial insurance plan for your employees is a major task, which can take a lot of time to do properly.

Allow our experienced group health insurance agents to do the research for you and find an insurance plan that works for your business. Contact us today to get a quote!


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