Group Health
Association Health Plans
The Trump administration has issued a final ruling which will allow small businesses to come together and purchase what are called association health plans. These plans would tend to be cheaper because they will not be need to include benefits now required under the affordable care act. Insurance companies could sell health insurance plans that do not cover things like, maternity, prescription drugs, or mental health. Also, companies would be permitted to charge more for certain industries like restaurants or construction. The other problem is that most major insurance companies probably would not get involved in these plans since they [...]
Group Health Insurance Plans Can Be Started Anytime Of The Year
Many people believe that group health plans like Obamacare can only be started during the annual open enrollment, however that is not the case employee health insurance plans can be started anytime of the year. Also, if you have a plan all ready in place for your employees you can switch to a new plan with a new insurance company at any time, no need to wait until the current plan renews. Also, you only need two employees to start a plan and the rates are the same as they would be for a larger group.