Fullerton Group Health Insurance and Employee Benefit Plans

HMO

This health insurance plan doesn’t allow much freedom. Employees must choose healthcare services within a strict network of providers and facilities linked to the relevant health maintenance organization. Consequently, individuals who opt for this healthcare plan are tasked with considering their healthcare alternatives within the confines of the established network, thereby fostering a sense of alignment with the structured framework established by the health maintenance organization.

PPO

The Preferred Provider Organization (PPO) is a versatile healthcare coverage option that grants employees a considerable degree of choice when it comes to selecting their preferred physicians and healthcare service providers. This health plan distinguishes itself by offering a higher level of autonomy compared to more rigid healthcare models. Individuals enrolled in a PPO are empowered to make decisions regarding their healthcare professionals, tailoring their medical coverage to align with personal preferences and specific medical needs.

FSA

The fundamental advantage of an FSA lies in its ability to preserve employees’ income in a tax-free capacity, ensuring that these earmarked funds are shielded from income taxation. An FSA operates as a synergistic mechanism that aligns the dual objectives of responsible financial management and healthcare preparedness.

HSA

A Health Savings Account (HSA) is a specialized financial tool designed to provide employees with a convenient and tax-advantaged method to set aside and accumulate funds for various medical expenses. This unique savings account allows individuals to deposit pre-tax dollars into the account, thereby reducing their tax credits while simultaneously building a reserve of funds earmarked for healthcare-related costs.

Aside from the basic Medicare plans, our in-office insurance brokers will work with you to come up with a customized plan that doesn’t exceed your financial limitations. We’ll give you as much information as needed to make sure you fully understand all that there is to take advantage of. We’ll also explain the requirements and standards set for businesses by the government’s Affordable Care Act. Then, when all of the consulting and planning is done, we’ll offer the help of our training services and online HR tool to help your management learn about all that is included in your company’s group health insurance plan and employee benefit program.