Health insurance has become a very hot topic on a national level with the passing of the Affordable Care Act in 2010. This has led to increases in premium, confusion with the new laws, and potential tax penalties associated with not having coverage. It all leads to confusion and frustration for most Americans looking for their own coverage.
We all know what health insurance is: simply put, health insurance is protection against medical expenses. It is a transfer of risk away from you to an insurer. A health insurance policy is a contract between an insurer (the insurance company) and the insured (you), in which the insurer agrees to cover specified health related costs for an agreed upon premium.
Group Health Insurance
Many get their health insurance as an employee of a business – this is known as the group market. If you own a business or are self employed you would most likely be interested in group insurance. In Massachusetts, group insurance can be as small as a group of 1 individual or family, as is the case with a sole proprietor, or a small business covering only a handful of employees. Group insurance also entails medium and large employers which may include hundreds or even thousands of employees on the same group plan. Health insurance is a huge expense for a business owner so it is important to take the time to find the right plan. We have many years of experience in helping different employers find the right insurance product for their employees.
At JH Insurance – group health insurance is our specialty! Most of our clients have between 5 and 75 employees. If you are a business owner, HR Director, or simply just looking into benefits for your company give us a call.
For a health insurance quote for your business, please fill out our online form.