All over the US, companies are moving to gain compliance with the rapidly changing healthcare reform movement, Palo Alto being one of them. The new ObamaCare regulations require employers in the city, regardless of their overall size, to comply with the program. Even many in-the-know insurance agents remain mystified about certain things (especially those with little to no healthcare training), this is just one of the many reasons why Brauer Insurance has moved to instruct agents all about ObamaCare. Unlike many other companies, we are State Certified in health reform, which makes us a leader in cutting-edge healthcare. Affordability, experience and visibility (via television and radio) are just some of the things that make us one of the best carriers in Palo Alto.
Why Palo Alto Businesses Choose Brauer Insurance
Simply put, you need coverage that’s tailored to your business’ specific needs and we’re here to help make that happen. Palo Alto companies choose us because we offer them a full list of inclusive member-level services, such as:
- 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
You can think of us as community builders as we are currently offering Palo Alto companies access to these services for FREE. In order to get your own Free Strategy Analysis (and to learn how we can help your company attract great people at a great price), please contact us ASAP.
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
The last thing you should do is let all the current changes to the law degrade your options or let it affect profits and productivity, we don’t want to let that happen either. As a proven health insurance authority, our track record speaks for itself in this regard. Why not work with specialists instead of your average clueless provider? Brauer Insurance stands for benefits, cost-effectiveness and long-term security of your institution’s health care system.