What Is a Group Health Plan?

Top rated Wichita group health insurance and employee benefit broker

As a business owner or multiemployer, it’s essential to have a group health plan and employee benefit package in place. A group health plan is a welfare benefit for employees that are maintained by employers or employee organizations. It provides medical coverage and care to participants and their dependents through an insurance policy, a reimbursement or even directly.

A group health insurance plan is the best thing you can offer those that work for you. It provides them the means to care for their health and futures, as well as the health and futures of their families at home. There are several different types of health insurance plans. These are defined below. However, a reliable and longstanding insurance agent will also be capable of providing you with the information you need. They’ll even help you make any decisions based on the information you provide them with and the interests of your employees. Then, they’ll contact their network of insurance providers to fabricate a plan suited to your needs at a price you can afford.

Group Health Insurance Plan Options

  • Medical, dental, and vision insurance
  • Short and long term disability insurance
  • Workers’ compensation
  • Employee 401(k) savings options
  • Retirement and Pension plans
  • Life insurance and long term care options
  • Health reimbursement accounts
  • COBRA- health coverage continuation
  • Health Maintenance Organization plans
  • Preferred Provider Organization plans
  • Section 125 cafeteria
  • FSA and HSA

    • Dial 800-903-6066 and get free consultation on Group Health Plan

    The above options are all wonderful things to offer those that work for you. It gives them adequate means to receive medical care as well as ways to brighten and better their futures. Having a comprehensive group health plan in place at your business will only help you to attract and retain worthy and hardworking employees.

    About ERISA and How It Protects Employees with Group Health Insurance Plans

    ERISA covers and protects those under most private sector health plans. They also provide protection and information to individuals with beneficiaries in employee benefit plans. They also set the standards for employers and individuals who manage such plans.

    We’re ready to help! Call today: 800-903-6066