Another way to buy health insurance would be on an individual basis.

If I have an employer that has an employer sponsored group health plan, it is always nice to run a comparison and see what the rates would look like if everybody chose an individual plan that best suited their family’s needs. For instance, I may not need or want a low deductible, or co-insurance. I may want an HSA as opposed to my co-worker whose family with age, health and structure, may have different needs than myself.

In a scenario that I am currently closing, the cost of insurance for everyone to have the individual plan that they chose that best suited their needs, came in at an approximate 50% savings as opposed to their employer sponsored plan. At that point, the employer and the employees negotiate what is “fair” for a contribution towards this cost. The employer is saving money. The employee is saving money and everybody has what they personally need or want.

I strongly encourage that in addition to an independent agent an employer bring to the table their CPA. It is important that everyone on the payroll has the same opportunities and shares the same contribution equally. If a person would leave the employment, they merely change the billing address and go on their way. This is usually less costly than COBRA and there’s no panic in searching out an occupation or a job for the mere sake of the health piece.

If you seek employment and group insurance is an offering, have your independent agent line up the benefits, opposed to the cost and the numbers will literally make your choice for you. Please call me. It is worth your while to know and understand all of your options.