Health Plans
50-99 Employees
The personnel size of your company offers more flexibility in finding insurance products and plans to fit your needs. However, federal law does not require insurers to provide coverage for your group, so you can be turned down if an insurer believes your group will generate an unprofitable level of claims activity.
To determine whether or not to accept your group, and to assess what rates you will be charged, your potential insurer will do the following:
- Ask you, the employer, a series of general questions about the health of your employees
- Assess the demographics of your group—age, gender, etc.
- Determine the level of benefits you desire
- Ascertain the current or renewal rate being charged by your current carrier
The insurer will then look at the average rate it is charging similar groups and determine if it wants to accept your group at a comparable rate. In some cases, you may attempt to qualify for a better rate by asking the insurer to conduct a more comprehensive underwriting process that requires detailed health histories from every person in your group.
United Financial Solutions has extensive knowledge of the various health insurers appropriate for your group and will guide you through an analysis of your needs to determine the most optimal solutions for providing a competitive, affordable plan.