How do I find the best Group Health insurance plans for businesses in California?

When it comes to low-cost and affordable group medical insurance plans and rates in California, it’s important for employers to do their research before settling on a plan. There are quite a few things that both employers and employees should know about group health insurance plans for businesses in California.  Carriers we carry are Aetna, Anthem, Blue Shield, Kaiser, United HealthCare-HealthNet, Oscar, and Molina.

Prior to the Affordable Care Act (ACA), the rates for an employee’s dependents were based strictly on the employee’s age. But now, each dependent’s age is taken into consideration as well. Coupled with the employer’s choice to offer either one overall plan or let employees choose from a wide range, employees need to decide what they need in an insurance plan before they sign up.

On the employer’s end, examining the price of health care can be important as well. Employers may not know that they can choose to exclude expensive medical facilities from the plan (or plans) they choose to offer. Excluding those, employees can get a higher level of coverage at a lower cost.

There are four tiers of benefits under the ACA: platinum, gold, silver, and bronze. Platinum has the lowest out-of-pocket expense, with 90% covered by the insurance company leaving only 10% for the employee. As you go down the line, the amount the employee pays increases by 10%. Deductibles and co-pays follow the same trend so platinum provides the most benefits while bronze provides the least.

California Insurance Finder provides free evaluations for those seeking guidance on which insurance plans to choose. As a trusted and knowledgeable force in the insurance world, the agents at California Insurance Finder can help you understand all aspects of group health insurance plans for businesses in California as well as other topics like life insurance, long-term care, and Medicare supplement insurance. To find out more or claim your free consultation, give us a call at 714-960-4700 or contact us via our website at http://CaliforniaInsuranceFinder.com where you will find a census to complete and get the quoting process started.

California Insurance Finder

Providing affordable insurance coverage to South Los Angeles and all of Orange County, including Huntington Beach, Newport Beach, Laguna Beach, Seal Beach, Costa Mesa, Westminster, Belmont Shores, Naples, and Lakewood, California.