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Saving on Group Health Insurance Grants Pass OR

Group health insurance costs seem to be rising at alarming rates. The rising cost of health insurance is widely understood to be one of the biggest concerns for smaller companies.

Health Insurance Place
(541) 474-5020
1826 Williams Hwy
Grants Pass, OR
 
Jeff Vass
510 SW 5th Ave
Portland, OR
Company
Title: LPL Financial Advisor
Company: Meridian Financial Group
Type
Investment Advisor Rep: Yes
Service
401k Rollover From Employer,CD Alternative,Disability Insurance,Annuities,Long-Term Health Care Planning,Estate Tax Planning,Asset Protection Strategies & Planning,Stock Market Alternative,Alternative Investments,Life Insurance,Investment & Portfolio Management,Insurance & Risk Management Planning,Retirement Income Accumulation Planning,IRA, 401k, Roth IRA, QDRO Rollovers,Wealth Management,Health Care Insurance,Retirement Planning,Business Succession & Liquidation Planning,Retirement Income Dist

Data Provided by:
COUNTRY? Financial
(541) 536-0340
51530 Huntington Rd.
La Pine, OR
 
AFLAC!
(541) 598-4440
2023 NW 22nd St.
La Pine, OR
 
Cascade Insurance Center
(541) 382-7772
336 SW Cybre Dr #104, Bend
La Pine, OR
 
Fred King, CFP
The H Group, Inc.
Portland, OR
Company
Company: Fee-Only Financial Planner ("No Commissions")
Type
Registered Investor: Yes
Education
Oregon State University
B.S., Business
Years Experience
Years Experience: 6
Service
Wealth Engineering,Income for Life/ Preserve Principal,Medicare Planning,Investment & Portfolio Management,Investment Consulting & Allocation Design,Insurance & Risk Management Planning,Retirement Income Distribution Planning,Education Funding & Financial Aid Planning,Fee-Only Comprehensive Financial Planning,Portfolio Engineering,IRA, 401k, Roth IRA, QDRO Rollovers,Alternative Investments,Retirement Planning,Long-Term Health Care Planning,Business Succession & Liquidation Planning,Estate Tax Pl

Data Provided by:
Douglas Armstrong
255 Stewart Ave. Suite 101
Medford, OR
Company
Title: Investment Advisor
Company: Armstrong Wealth Management
Service
Pension for Highly Compensated Owners,Stock Market Alternative,Alternative Investments,Life Insurance,Investment & Portfolio Management,Long-Term Health Care Planning,Annuity Ideas & Strategy Planning,Planning For Personal Finances & Budgeting,Retirement Income Accumulation Planning,Business Income Tax Planning,Wealth Engineering,IRA, 401k, Roth IRA, QDRO Rollovers,Wealth Management,Medicaid,Retirement Planning,Real Estate Investment Planning,Commission-Only Financial Planning (Full Disclosure),

Data Provided by:
Edwards David Insurance
(503) 761-3558
11721 Se Division St
Portland, OR
 
Nelson's Hearing Center
(541) 536-5690
Suite 3B, Aspen Alley
La Pine, OR
 
Total Vision
(541) 536-7584
51538 Hwy 97
La Pine, OR
 
Data Provided by:

Saving on Group Health Insurance

Provided By: 

Saving on Group Health Insurance

Group health insurance costs seem to be rising at alarming rates. Unfortunately, the biggest increases tend to be targeted at smaller companies. What can we do to counter-act this trend?

As a small business owner, this is of primary importance. The rising cost of health insurance is widely understood to be one of the biggest concerns for smaller companies. It is an important incentive to keep good employees. But what can a small employer do when the cost of health insurance is so high that it makes more business sense to cut benefit's?

pare, save and apply online. Quick quotes from multiple carriers. healthprices.com Breaking Healthcare News! National healthcare discount plan available now for under $3 a day americans4healthcare.net

First of all, don't panic. And don't automatically assume that you must pass through crippling rate hikes to your employees either. If you have a health plan and need to save more, or would like to offer one to your employees and don't currently, we have 3 tips to help you find a quality insurance plan at a reasonable rate.

  1. Always compare quotes and benefit's from more than one insurance company.

    Just because your favorite cousin is an insurance agent for XYZ insurance, doesn't mean that you'll get the best deal. Shop around! Do some research on the Internet. In fact, the most convenient way to get the best overview of your options is to get multiple quotes from the Internet, as well as speak with qualified insurance brokers in your area. This will give you a good idea of the kinds of coverage and costs that you are looking at. Whether you work with an agent online, in person or by phone, be sure that this person is licensed in your state.

    By looking carefully at what the plans offer, and comparing that with what your employees want and need, you can match the best plan to your business, while also saving some money on extras that are not high priority.

  2. Consider a high-deductible plan, to save more.

    Okay, so you want to offer insurance, but you can't afford a plan with low deductibles? Get a high deductible plan. If your employees are healthy and make few visit's to the doctor, this may work to everyones advantage. You can save money and still provide coverage for your workforce. Although everyone will face a higher deductible, they will still have coverage in the case of serious or catastrophic illness, which is much better than no coverage at all.

  3. Be sure to take advantage of all tax incentives.

    There are tax benefit's available to you, as the employer, when you provide group health insurance. These tax benefit's can help defray the costs of insurance and may even allow you to carry a higher level of coverage for your workforce. For instance, yo...

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Oregon State Mandated Health Insurance Coverage

Medical insurance benefits that insurers must provide include: alcohol/substance abuse, acupuncturist, ambulance transportation and services, anti-psychotic drugs, autism, autism spectrum disorder, bilateral cochlear implant, brain injury, breast reconstruction, cervical cancer/HPV screening, chemotherapy, chiropractor, clinical trial (cancer), colorectal cancer screening, contraceptives, dentist, denturist, dependent coverage (including newborns, adopted children, noncustodial children or stepchildren, dependent students/adults, domestic partner and civil union), diabetes (self-management and supplies), emergency room service, facility (public or other), family therapist, hearing aids for minors, HPV vaccine, long-term care, mammography, marriage therapist, mastectomy, maternity (including minimum stay), mental health, nurse practitioner, off-label drug use, optometrist, orthotics, physician assistant, PKU/metabolic disorder, preventive health services, prosthetics, prostate cancer screening, psychologist, smoking cessation, social worker, telemedicine, including services provided in connection with the treatment of diabetes

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