| Company's today have to offer the best benefits | | | | insurance. These accounts are non-taxable, |
| packages possible in order to get and retain the | | | | providing a significant tax benefit. |
| good employees. One of the best ways to do | | | | Talk to Your Employees. Put together a brief |
| that here in the sunshine state is to find an | | | | questionnaire for your employees to see what |
| affordable Florida group health insurance plan that | | | | their biggest concerns are regarding health |
| offers your employees solid medical coverage at | | | | insurance. While they will probably all say they |
| a reasonable cost. | | | | want the most affordable Florida group health |
| But with so many different rules and regulations | | | | insurance you can offer them, you may be |
| as well as a host of plans out there, how do you | | | | surprised to find that a dental plan is almost as |
| find the right plan for your workers without going | | | | important. On the other hand, prescription |
| bankrupt on the costs? And how do you know | | | | coverage may be a big concern for some, or the |
| the insurance company you choose is one you | | | | option to choose their primary care doctor. Know |
| can trust to be there for you five or ten years | | | | what your employees really want before shopping |
| down the line? Do you know the right questions | | | | for insurance so you'll make the right choice. |
| to ask to compare customer satisfaction, | | | | Work with an independent agent specializing in |
| deductibles and coverage allowances? It can be | | | | group health insurance. An independent agent can |
| daunting, but there are some steps you can take | | | | compare and contrast plans offered by many |
| to make the process easier. | | | | different companies to help you find the most |
| Familiarize yourself with the different types of | | | | affordable Florida group health insurance for your |
| health insurance policies. If you're the person in | | | | company. He or she will also be able to explain |
| charge of developing a health insurance package | | | | how the plans differ from each other in terms of |
| for your business, do your home work! It doesn't | | | | deductibles, pre-existing condition exclusions, which |
| do you any good to talk to an agent or get | | | | ones require physicals, coverage limits, etc. You'll |
| information from insurance companies if you don't | | | | want to work with a licensed agent so ask to see |
| know the difference between an HMO and an | | | | proof of licensing or check with the Florida |
| HSA. Do research before you start comparing | | | | Department of Financial Services. |
| rates and prices so you aren't comparing apples | | | | Look for reliable, established names. There are |
| to oranges. | | | | start-up insurance companies that may be fine, |
| To get you started, here are a few terms you | | | | but in general your best bet is going to be going |
| should know: | | | | with an established provider with a proven track |
| HMO: Health maintenance organization. Members | | | | record. Companies like Aetna, Blue Cross Blue |
| have to choose from a network of providers and | | | | Shield, Humana, Celtic and other well-known |
| pay a small co-pay for most services. However, | | | | names in the health insurance industry have the |
| almost all services are covered and there is no | | | | expertise needed to manage your company's |
| deductible. | | | | health care needs efficiently. They also have the |
| PPO: Preferred provider organizations don't require | | | | years of financial backing and experience to |
| you to use specific doctors or hospitals, but pay | | | | remain solvent without any unpleasant surprises. |
| less of the fees if you are outside the network. | | | | Your independent agent can help you narrow |
| There is usually a deductible and pre-approval is | | | | down your choices and find the perfect fit for |
| required for many procedures. | | | | your business. When you are able to offer your |
| HAS: Health savings accounts. These are savings | | | | employees reliable, affordable Florida group health |
| account employees can set up by having funds | | | | insurance, you'll feel good about treating them and |
| deducted from their paychecks to be used for | | | | their families right and they'll feel good about |
| certain medical expenses not covered by | | | | working for a company that takes care of them. |