Group Insurance Services

We Shop. You Save.

For your group policies:

HEALTH	DISABILITY

Design a benefits package to meet your requirements:

	Analyze and identify your group insurance needs.
	Evaluate current group plan benefits and rates.
	Compare benefits and rates of plans available from various carriers.
	Make recommendations of plan design changes to achieve your goals.
	Suggest various strategies, and levels of employer contributions to improve employee participation, satisfaction, and retention.
	Negotiate with insurance carriers for rate relief and/or benefit enhancements.
	Provide a comprehensive written comparison of insurance plans being recommended for consideration.

Plan Inception Services:

	Implementation of new group insurance plan.
	Enrollment of employees at plan inception (English/Spanish).

Annual Services:

	Annual review and comparison of existing plan with other plans.
	Negotiation of renewal rates and benefits with incumbent carrier.
	Facilitate transition from one carrier to another if a change is warranted.

Perpetual Services:

	Enrollment of newly hired employees as they become eligible.
	Insurance claims resolution services.
	Liaison between your employees & insurance carriers.
	Toll free 800 number available.

Online Services:

Our website provides easy access for your employees to contact us, and provides links to the insurance carriers who currently have online capabilities.

Legislative Services:

	COBRA: Provide information, assistance, research, and administrative services.
	HIPAA & FMLA: Provide information, assistance and research services.

Health Savings Account

How does an HSA work?

You obtain a qualified high deductible health insurance plan (Medicare is not HSA qualified). The premiums for these plans are lower because of the high deductible. You deposit the money you save on premiums into a tax-favored savings account. The money in the savings account can be used to pay for qualified medical expenses that are less than the deductible on the insurance plan. The insurance pays benefits after the deductible has been met.

Who funds the savings portion of an HSA?

The health savings account can be funded by contributions made by the employee, the employer, or a combination. Any contributions made by the employer are immediately vested to the employee.

What happens to the funds in the savings account?

If the funds in the health savings account are not used to pay for medical expenses, the money will accumulate tax-deferred until retirement.

Who Qualifies for an HSA?

Businesses and individuals with a qualified high deductible insurance plan qualify for an HSA.