New York Health Insurance – Affordable small business health plans
When you are searching for New York Health Insurance, one of the main goals is to find a plan that is affordable for your small business. But how exactly do you go about looking for NY small business health plans when you don’t know where to start? We can help you shop for, review, purchase, and service your NY small business health plans with some guidelines we will list below.
How to purchase NY small business health plans
There are many ways to purchase NY small business health insurance and we list them all below. We offer all these options at our office so we can help you decide which is best for you.
Buy group health insurance direct from the insurance company. This is by far the most popular option and we can help you shop and compare the rates and benefits from all the companies offering coverage, for FREE. You will usually have to meet the company’s participation requirements of 60% enrolling.
Buying from a Professional Employer Organization (PEO) The prime client for a PEO is usually a small business with from 8-30 employees who are relatively healthy and on the younger size. You will have options to join national health insurance networks from top carriers such as Aetna, Cigna, and United Healthcare. A PEO will take over your payroll, workers comp, and compliance obligations and become your businesses HR partner. You can request a quote for a PEO and we will shop and get quotes for multiple PEO options for you.
Association Health Plans These plans are currently illegal in NY as they have not been allowed by the Governor of NY. Their goal is to combine the buying power of many individuals and sole proprietors so they can negotiate lower health insurance premiums. These plans mainly benefit individuals, sole proprietors, and very small businesses that otherwise can not benefit from the existing small group marketplace.
Private Health Insurance Exchanges Private exchanges allow your small business to buy from several different insurance companies under one roof. Thus, you can offer your employees many different health insurance options and ancillary benefits and have streamlined administration and one consolidated bill.
Regardless of which option to purchase works best for you, we also must take into consideration the following variables to help you purchase NY small business health plans.
Compare Networks and Participating Providers It is impossible to compare health insurance plans without looking at the insurance company networks. What is a network? It is a list of approved providers and hospitals where you are eligible to receive non-emergency care. Usually, the larger the network, or number of providers available for you to see, the more the plan will cost apples to apples. It is important to look at all networks available, as even a single insurance company like Oxford Health Plans have multiple different priced networks. You can search all NY small business health plans networks on our website where you can determine which has the best correlation to your existing doctors and hospitals.
Compare NY small business health plan rates We can also help you in your search with finding the most important determining factor in finding a plan for your business. Knowing the bottom line of what you have to pay is vitally important. We lay our for you on our rate page all of the carriers and networks in one easy to read sample rate comparisons. You can download these rates today by clicking here.
We hope you find this information interesting and informative. Should you wish to review our small group health insurance page please go here. If you have further questions, please call or email us using our contact us page.