As of January 1, 2014, most everyone is required to have health insurance or pay a tax penalty. Your coverage may be a private health plan provided by your employer or obtained by you individually through the Individual Plan Market or an available Marketplace/Exchange. It can also include public options such as Medicare, Medicaid, CHIP, or Veterans Affairs.
- Employee Benefits Program– Employer sponsored health insurance programs are an important component of any employment package. Employees anticipate that their employer has a health plan in place and that it is a benefit available with employment. Having an operative plan that considers the practical affects and legal requirements is vital to its success. Read more…
- Health Insurance Terms-Use this source to see some common health insurance terms being used today.
- Health Insurance Resources-Click on the link to view some valuable resources regarding Health Insurance.
- Group Life Insurance– Employer sponsored term life insurance is typically purchased on a “group” basis/contract and it is usually provided at no cost to the employee. The coverage is available to employees who meet the employer’s eligibility requirements and ends with the termination of employment. Employer provided term life may have a “buy-up” option where employees can increase the amount of insurance coverage at their own cost. Group Term Life Insurance is most often offered on a guarantee issue basis where the participation qualifications are based solely on the eligibility requirements of the employer – medical conditions of the employee are not a factor of enrollment.
To learn more about health insurance for your business let our experienced licensed representatives guide your way. Click here to see a list of the major business coverages we offer. If there is something not listed, just ask and we will provide you with the details. The Armstrong Company Insurance Consultants understands the business insurance needs of our customers. The right coverage for you is unique – contact us at 866-990-9286 or Request a Quote online today to find out how to protect your business and your future with the right insurance. We are here to work for you!