Affordable Group Health Insurance

It can seem like group health insurance is completely out of the question — because these days it's just too expensive. But you can find coverage for your business at a rate you can afford.

The most affordable health insurance comes in the form of managed care,

Why Is Managed Care So Affordable?

Managed care can be very affordable. Managed care plans create networks of doctors, hospitals, clinics, and other healthcare providers. The network offers medical services at discounted rates in return for more referrals from the managed care organization.

That means your plan will offer lower premiums, deductibles, and co-payments.

The most common managed care plans are Preferred Provider Organizations (PPOs) and Health Maintenance Organizations (HMOs).

PPOs are the more flexible version of managed care. You'll have the freedom to go to any care provider that you want — inside or outside if the managed care network. But you’ll save the most money and find the lowest rates from doctors and hospitals inside the network.

HMOs are the most affordable managed care plan for a group. They are usually less expensive than PPOs because you need to stay inside of the network for all of your care. An HMO won’t offer any coverage with out-of-network care providers. HMOs won’t give you the flexibility of a PPO, but they still offer comprehensive coverage.

Health Savings Accounts (HSAs)

Health savings accounts are a way for your insured group to take more control of their healthcare and save you money. HSAs aren't health insurance plans though — they're bank accounts to save for medical expenses. They can save money for their future healthcare with a tax-deferred interest building savings account.

To find an affordable health plan for your company, get advice from our licensed professionals. And when you get free quotes from us we can help you find an affordable option for your healthcare needs.