When shopping for Health insurance for a NY small business, you must decide what is the most important one or two things you need in a plan. We often get asked “what is the best plan?”, but this question is not so easy to answer as the best for one person is not the best for someone else. Why? Because if you get a top of the line Platinum plan for the lowest price but it does not have your doctors, is it still the best plan?
What I will try to do here is explain the 4 Best Options for Health insurance NY small business. The list below is broken down into 4 categories that I believe are the most important when shopping for small business health insurance in NYC, Long Island, and New York. This is a simplified list that will show carriers who would fall into any of these 4 categories but will not detail how to combine multiple options. That is when you should call or email a health insurance NY small business broker to help you navigate your unique business needs.
Largest Network Health Plans in NY
Plans that have national access, large provider networks, and most of the hospitals will often cost more than more narrow network plans. For New York, the plans you should concentrate on would be Oxford Health Freedom and Oxford Health Liberty networks, Empire Blue Cross Blue Shield EPO/PPO network, Emblem Prime network, and the Oscar Health Insurance Circle Plus network.
All these plans will allow for out of area coverage with a national network of providers.
Lowest Price Health Plans in NY
Depending on if your business is in NYC, Long Island or elsewhere in New York, you will find that the following 3 carrier networks will provide the lowest priced plans apples to apples. Oscar Health Insurance Circle network, HealthFirst Pro EPO network, and the Oxford Health Metro networks are all evenly priced as the lowest in NY. HealthFirst will have more providers in the NYC area, whereas the other two will have NYC as well as Long Island and Westchester areas as well.
Most Choices of plans in NY
When you want to offer the most amount of options to your employees, there is no better option than HealthPass NY. HealthPass allows employees to choose from the following plans: Oxford Liberty, Oxford Metro, HealthFirst Pro EPO, Oscar Circle and Oscar Circle Plus network plans all at the same time! It is the only way to offer multiple health insurance carriers/networks/metal tiers under one roof. It is an extremely attractive option for businesses with 2-100 employees as they also offer dental, vision, Life, Long Term Disability and even LifeLock as optional coverages.
Unique Health Plans in NY
If you are truly looking for something unique, give the Oscar Health Insurance Circle or Circle Plus SILVER 0 plan a look. It is the ONLY Silver metal tier plan that has NO deductible! It is an extremely competitive plans that just has copays for most services, and the option to use their Circle or their larger Circle Plus network allows a company to offer an extremely competitive price point with no large deductible exposure for the employees.
Please let us know if you want us to get you some quotes on your NY Small Business health insurance. We would be happy to answer any questions you might have.