Articles Editor's Blog Reader Mail

Saving on Group Health Insurance Naperville IL

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.

Steve Visser
OnPath Naperville Office
Naperville, IL
Company
Title: Partner & Branch Manager
Company: OnPath Financial, LLC
Type
Investment Advisor Rep: Yes
Education
Calvin College: Grand Rapids MI
Double Major: Business/Finance & Chemistry
Years Experience
Years Experience: 11
Service
Wealth Engineering,IRA, 401k, Roth IRA, QDRO Rollovers,CD Alternative,Health Care Insurance,Retirement Planning,Real Estate Investment Planning,Annuity Ideas & Strategy Planning,Planning For Personal Finances & Budgeting,Retirement Income Accumulation Planning,Business Income Tax Planning,Portfolio Engineering,401k Rollover From Employer,Income for Life/ Preserve Principal,Alternative Investments,Annuities,Alternative Asset Class Planning,Investment Consulting & Allocation Design,Insurance & Ris

Data Provided by:
Timothy Frisby
210 W. 22nd St. Suite 137
Oak Brook, IL
Company
Title: Principal
Company: WealthCare Consultants
Type
Registered Investor: Yes
Education
Marquette BS
Years Experience
Years Experience: 20
Service
Retirement Planning,Long-Term Health Care Planning,Insurance & Risk Management Planning,Retirement Income Distribution Planning,Fee-Only Comprehensive Financial Planning,Captive Insurance,Mortgage Refinancing,IRA, 401k, Roth IRA, QDRO Rollovers,CD Alternative,Alternative Investments,Annuities,Alternative Asset Class Planning,Annuity Ideas & Strategy Planning,Estate Tax Planning,Asset Protection Strategies & Planning,Fee Only Portfolio Management,Wealth Engineering,401k Rollover From Employer,Inc

Data Provided by:
group health insurance small business
(847) 885-4188
2041 Raintree Rd
Yorkville, IL
 
Robert Field
8440 Callie Ave. Unit 111
Morton Grove, IL
Company
Title: President
Company: ACCI Financial Services
Type
Investment Advisor Rep: Yes
Education
Indiana University - BS Accounting
Years Experience
Years Experience: 37
Service
Medicaid,Annuities,Alternative Asset Class Planning,Investment Consulting & Allocation Design,Insurance & Risk Management Planning,Retirement Income Accumulation Planning,Fee-Only Comprehensive Financial Planning,Medicare Planning,Life Insurance,Investment & Portfolio Management,Long-Term Health Care Planning,Annuity Ideas & Strategy Planning,Retirement Income Distribution Planning,Individual Income Tax Planning,Health Care Insurance,Retirement Planning,Real Estate Investment Planning,Commission

Data Provided by:
Robert Pivar
9 Foxtail Lane
Riverwoods, IL
Company
Company: PIVAR FINANCIL SERVICES
Type
Registered Investor: Yes
Education
University Of Wisconsin
BS L & S
Years Experience
Years Experience: 50+
Service
Hourly Financial Planning Engagements,Portfolio Engineering,High Yield Bank Accounts,IRA, 401k, Roth IRA, QDRO Rollovers,CD Alternative,Alternative Investments,Disability Insurance,Annuities,Alternative Asset Class Planning,Investment Consulting & Allocation Design,Business Succession & Liquidation Planning,Estate Tax Planning,Asset Protection Strategies & Planning,Individual Income Tax Planning,Captive Insurance,Life Settlements,401k Rollover From Employer,Income for Life/ Preserve Principal,We

Data Provided by:
Thomas Inks
1127 Adelia Street
Downers Grove, IL
Service
IRA, 401k, Roth IRA, QDRO Rollovers,CD Alternative,Disability Insurance,Annuities,Investment Consulting & Allocation Design,Business Succession & Liquidation Planning,Retirement Income Distribution Planning,Business Income Tax Planning,401k Rollover From Employer,Income for Life/ Preserve Principal,Alternative Investments,Life Insurance,Long-Term Health Care Planning,Annuity Ideas & Strategy Planning,Estate Tax Planning,Asset Protection Strategies & Planning,Fee-Only Comprehensive Financial Plan

Data Provided by:
Ameriplan USA
(630) 913-9663
1011 oak st
sugar grove, IL
 
Farah Pradhan, LUTCF
850 E Higgins Road, Ste 125K
Schaumburg, IL
Service
Retirement Income Distribution Planning,Wealth Engineering,IRA, 401k, Roth IRA, QDRO Rollovers,Disability Insurance,Annuities,Annuity Ideas & Strategy Planning,Estate Tax Planning,Asset Protection Strategies & Planning,401k Rollover From Employer,CD Alternative,Life Insurance,Long-Term Health Care Planning,Insurance & Risk Management Planning,Retirement Income Accumulation Planning,Pension for Highly Compensated Owners,Income for Life/ Preserve Principal,Health Care Insurance,Retirement Planning

Data Provided by:
Nick Nardulli
33 W. Higgins Rd. Suite 510
S. Barrington, IL
Company
Title: Financial Advisor
Company: Nardulli & Associates LLC
Service
Health Care Insurance,Retirement Planning,Real Estate Investment Planning,Annuity Ideas & Strategy Planning,Planning For Personal Finances & Budgeting,Retirement Income Accumulation Planning,Business Income Tax Planning,Fee-Only Comprehensive Financial Planning,Disability Insurance,Annuities,Alternative Asset Class Planning,Investment Consulting & Allocation Design,Insurance & Risk Management Planning,Retirement Income Distribution Planning,Education Funding & Financial Aid Planning,Hourly Finan

Data Provided by:
Peter Eshoo
492 Weidner Rd
Buffalo Grove, IL
Company
Company: ING Financial Partners
Service
IRA, 401k, Roth IRA, QDRO Rollovers,Disability Insurance,Annuities,401k Rollover From Employer,CD Alternative,Life Insurance,Income for Life/ Preserve Principal,Health Care Insurance,Long-Term Health Care Planning

Data Provided by:
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...

Click here to read the rest of this article from Insurance Guide 101

Illinois State Mandated Health Insurance Coverage

Medical insurance benefits that insurers must provide include: AIDS/HIV Testing , alcohol/substance abuse treatment , audiologist , autism , bone mass measurement , breast reconstruction , cancer clinical trial , cancer pain medication therapies , cervical cancer/HPV screening , chiropractor , colorectal cancer screening , contraceptives , dental anesthesia , dependent coverage (including newborns, adopted children, dependent/student adults, disabled dependent adults) , diabetes (self-management and supplies) , emergency room service , family therapist , habilitative service for congenital or genetic defect , HPV Vaccine , infertility services , in vitro fertilization , mammography , marriage therapist , mastectomy (including minimum stay) , maternity minimum stay , mental health , morbid obesity treatment , off-label drug use , orthotics , osteopath (D.O.) , ovarian cancer screening , podiatrist , prescription inhalant , professional counselor , prostate cancer screening , prosthetics , psychologist , shingles (herpes zoster) vaccine , social worker , speech therapist , TMJ disorder

Local Events

2018 ASCO Annual Meeting
Dates: 6/1/2018 – 6/5/2018
Location:
Chicago
View Details

2019 ASCO Annual Meeting
Dates: 5/31/2019 – 6/4/2019
Location:
Chicago
View Details

2020 ASCO Annual Meeting
Dates: 5/29/2020 – 6/2/2020
Location:
Chicago
View Details
 
About Us | Contact Us | Link to Us | Privacy Policy | Terms of Use | Insurance Resources | Sitemap