Advantages of Working with a Health Insurance Broker

At Group Plans Inc, we understand that it can be overwhelming or maybe even a bit stressful to navigate through the seemingly ever-expanding options that go hand in hand with Health Insurance. With 42 years of experience, our family owned and run business has been helping individuals, small groups, and businesses expertly manage their health risks and offering expertise and a vast knowledge on Health Insurance so that our clients will be happy for years to come with their healthcare coverage.

Medicare

We offer a wide range of health insurance services, including assisting with Medicare applications and offered plans and their benefits breakdown. As a broker service, we work and represent multiple carriers to give you an unbiased opinion and a variety of options for your health coverage that suit your needs best, so you have the right fit, rather than having to push one specific carrier like a captive agent working for one insurance company. There are many different options and variables when it comes to Medicare plans, Part A, Part B, Part C and Part D mainly. We offer brokerage services with expertise in Medicare and Medicare Advantage, as well as supplemental coverage, so all of your Medicare needs are met with satisfaction.

Marketplace Insurance

As a broker service, we can also help you and/or your family enroll for coverage through the Marketplace, if you are not yet of Medicare age. As individual and family brokers it is our job to get you the best plan at the best price. We serve as your advocate in many ways from start to finish, including helping you if you determine if you qualify for a Special Enrollment Period or if you need to use the annual Open Enrollment Period to enroll. From there, we will help you shop for benefits, and once we find the right plan that’s the best fit for you, we will help you understand the benefits completely. Trained to maneuver through the state and federal exchanges, it can take a lot of the stress and guesswork out of shopping for benefits.

Group Insurance

Group Health Insurance plans provide healthcare coverage to a group of members, usually employees or members of an organization. Group health members typically receive insurance at a reduced cost because the insurer’s risk is spread across a group of policyholders. We can offer a variety of Group Health Insuranceplan options that cover the members of the group. Expert guidance from start to finish ensures your organization or business takes advantage of any and all cost savings as well as having a great understanding of the benefits themselves. Often times Group Insurance has several advantages, including the ability to obtain basic coverage for all without evidence of insurability, significantly lower costs, and cost sharing with the employer or organization.

Ancillary

The term Ancillary Benefits refer to the benefits that are used to supplement health insurance. An Ancillary product is acquired as a bonus or add-on purchase when buying another health insurance product. Ancillary benefits offer a secondary type of health insurance coverage that covers miscellaneous expenses incurred during a stay at the hospital. Ancillary benefits cover expenses such as ambulance transportation, blood, drugs, and medical supplies as well as oral and vision care. These benefits are usually layered on top of major medical coverage. There are several more benefits and advantages to having Ancillary Health Coverage, such as being able to use pre-tax dollars to pay for these benefits, reasonably prices premiums, preventative care, and more.

Here are a few excellent points that highlight the value of working with an Insurance Broker.

Familiarity

As Health Insurance Brokers we act as a beneficial and important link between insurance companies and on your behalf as the client. Having a knowledgeable broker who is familiar with all of the insurance products you are shopping to buy is a valuable tool, as we can provide objective advice and expertise in order for you to feel confident you have the chosen the best fit for you when it comes to your health insurance.

Explanations You Understand

Group Plans understands that the lingo and verbiage that can often come with health insurance can be a little confusing. We make sure to take the time to explain all the terms and conditions attached to a policy that you are proposing to buy, and once you have agreed to buy, we will go over it all again to ensure you agree to the terms and conditions of the policy, as well as how to use your benefits, and if your preferred physicians and prescriptions are covered.

Your Needs

Be open and share with your broker all your requirements, current circumstances or information to enable us to make a correct assessment of the product or products that will best cover your insurance risks. We are required as well as assured that all of your personal and private information remain private, with the utmost confidentiality. We understand the need for cost effectivity when it comes to your specific insurance requirements, but also a fit that suits your actual needs versus feeling pinned into one company’s product.

Charges

 Our services, guidance and advice are available for free for you, which is helpful and comforting to know that regardless if you ultimately purchase a product with our help, you won’t be charged for our services. Depending on the type of insurance you are buying, brokers may receive a commission or renumeration from the insurer from whom you bought your product, however we will never exchange money for your time using our services!

After You’ve Enrolled, We’ve Still Got Your Back

Even after you’ve enrolled, we pride ourselves on maintaining a relationship with our clients by offering guidance through any questions or concerns you may have regarding understanding your health coverage, as well as other needs, such as claims questions, drug coverage concerns, qualifications or any  other questions you may have about your benefit plan during the life of your policy.

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