OUR APPROACH TO GROUP BENEFITS
Providing customized group insurance solutions to small and large businesses is one of our specialities. While other brokers simply talk about customer service, we deliver. For example, we offer our clients a wide range of specialized services, including:
- Customized benefit packages that balance employer and employee needs
- Web-based Benefits Manager that gives clients easy access to their benefits online, anytime
- Customized Voluntary Benefits packages designed and administered by our in-house Specialist
- Single point of contact is your agent, not administrative only employee
- New hire benefit orientation via online webinars
- COBRA benefits outsourcing
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What is Group Coverage?
Group medical coverage refers to a policy issued to a group (typically, a business with employees) that covers all eligible employees and, sometimes, their dependents. Individual medical coverage, on the other hand, is a single policy issued to a single person or family.
The rules are different for group coverage versus individual coverage, in large part because the insurer's risk is calculated differently. With individual coverage, the insurer will base its premium rates (or deny coverage) based on the detailed medical history of the person or family. A medical exam is often required.
With groups such as small businesses, on the other hand, the insurer determines a premium price based on risk factors balanced over the entire group, using general information on members of the group, such as age or gender. Perhaps most importantly, insurers are required by law to offer coverage to small groups. In contrast, there is no such guarantee of coverage for individuals.
Call us today at (818) 783-6030 for a free benefits analysis for your company.
We work with the best in the industry, including: