Pretty soon you might need business health insurance in Menlo Park due to ObamaCare related regulations which are taking effect. Employers in Menlo Park are requested to comply with the statutes of the Affordable Care Act as well, regardless of the company’s magnitude. Understandably, employers are pretty confused right now, as are many insurance specialists.
One of the things we’re focusing on here at Brauer Insurance is teaching ObamaCare statutes to agents that don’t specialize in health insurance, as well as taking part in (State Certified) health reform measures. You might even say that we are a health insurance leader; perhaps you’ve caught one of our TV or radio spots already? Bringing better service to you and your family is just a function of our immense experience. Don’t hold back, reach out to Brauer Insurance for the affordable health insurance your business needs.
Why Menlo Park Businesses Choose Brauer Insurance
We’ll find the business health insurance plan that best fits your needs – guaranteed. Most brokers either don’t have, or charge a fee for:
- COBRA Administration
- Comprehensive HR Support Center with Compliance and HR questions answered by a legal professional
- Yearly Personalized Benefit Statement for employees (groups over 20)
- Online Benefits Access 24/7
- Comprehensive (EAP) Employee Assistance Program
What’s more, we offer these business health insurance services to Menlo Park companies FREE of charge. Contact us for a Free Strategy Analysis and get ready to learn how we can help your company revitalize its workforce.
Health Insurance Plan Types
Plans are usually structured in one of several ways:
- PPO (Preferred Provider Organization) PPO insurance, typically less expensive than HMO insurance, gives employees the freedom to choose their own doctor.
- HMO (Health Maintenance Organization) The monthly cost of HMO insurance is usually higher than PPO insurance, but copays are often lower. Except for emergency services, HMOs will only cover care by HMO doctors and hospitals.
- HSA (Health Savings Account) HSAs are usually PPO type plans with an attached tax free savings account. Contributions are limited to $3250 for singles and $6450 for families and can be funded by the company, the employee, or by another individual.
- Funds can be used for copays, dental, vision, chiropractic, acupuncture, orthodontics, prescribed medications, etc. At the end of the year, unused money “rolls over” and can be used for medical expenses the following year.
- HRA (Health Reimbursement Arrangement) HRAs are similar to HSAs. The pricing of HRAs vary considerably and are attractive because the benefits can be structured to suit each company. Employee medical expenses are “reimbursed” by the employer.
Specialists in Business Health Insurance
All the current changes to the law might seem extremely intimidating, but we can help translate everything for you. In fact, we specialize in health insurance because that’s what we’re best at. After all, why see a general care physician when you can see a specialist, right? What if the prices were the same, wouldn’t you want the best care possible? Contact us ASAP to find out what’s available.