Group Health Insurance Information Overview-
Click here for a group insurance quote.
- It has been reported that over 60% of the U.S. population that has health insurance receives their health care coverage through an employer-sponsored group health insurance plan.
- Companies that offer comprehensive health insurance to their employees typically have a lower turn-over rate in staff because of this dependency on health care coverage.
- In fact, the two primary reasons that employers offer health insurance are to attract qualified employees and reduce their turn-over rates.
Affordable Group Health Insurance Rates & Options
Affordable group health insurance rates, in most states, are available to any company that has two or more employees. The eligibility requirements may vary geographically and most companies that are applying for large or small group health insurance plans will need to verify the legitimacy of their business operations, however, this is not necessary for the purpose of obtaining health insurance quotes.
Most health insurance companies in the U.S. will have three classification levels based on the number of enrolled employees on the health plan: 1) small group, 2) mid-size group, or 3) large group. Although the number of employees that are required to fall into a specific category may be determined by the insurance company or by state legislation, there are common standards for these classifications.
The group insurance experts at Momentum specialize in creating a custom benefits package for your company's specific needs and budget that is flexible and affordable for both the company and your employees.
Getting started is easy, Click here to submit a group insurance quote request.
Smaller employers can take advantage of our experience in Defined Contribution Employer Health Benefits and choose a proven SIMPLIFIED one- or two-class plan design -
Here is how it works:
Employers choose a monthly HRA allowance for each class of employees (e.g. $200/month for managers and $100/month for employees)
Employees choose their own personal health policies – Momentum will provide a full range of products and handle all the enrollment
Employees submit claims online, via fax, or mail for their personal policy premium and/or other medical expenses; and
the SIMPLIFIED HRA System automatically processes claims and directs employers to reimburse employees via check, payroll addition, or direct deposit
The SIMPLIFIED HRA System is PROVEN and TURNKEY – With nominal one-time set-up fee
The SIMPLIFIED HRA System automatically makes employers compliant with all applicable ERISA, HIPAA and IRS regulations - GUARANTEED!
