It’s fairly easy to get Florida small business health insurance. In fact, it’s easier than going for an individual health insurance policy.
A lot of people running small businesses don’t know this particular piece of information; that they would be far better off with small business health insurance than an individual policy – even if there are health issues involved. The thing to keep in mind is that there are different laws about Florida small businesses.For instance, the law in the state of Florida mandates that health insurance companies sell “any” small business a group health insurance policy. By definition, a small business (small group) has at least a minimum of two workers but, not more than 50.
“There is some eligibility criteria that people need to meet for small business health insurance and one of the requirements is that the worker is employed under a boss who actually runs a legitimate company. In addition, in situations like this, if a small business does succeed in getting small business group health coverage, they are not allowed to cancel the plan because one person may need it,” outlined Evan Tunis of Florida Health Care Insurance, Delray Beach, Florida.
The good thing to know is that getting a small business group health insurance policy has a lot of advantages going for it. For example, it offers excellent medical care for owners and employees and actually lowers the financial risks of each member of the group. “With lower premiums, just about everyone is happy. The wider coverage for group health insurance is also a major advantage that many people appreciate,” added Tunis.
When pricing comes into the equation, prices for Florida small business group health insurance are really reasonable, and are based on a standard rate. “That standard rate happened to be the average of the risk associated with everyone in the group as a whole. In a small business plan the participants may pay up to 15% more or less the standard value. The amount they pay is dependent on medical conditions,” said Tunis.
One thing to keep in mind is that if the members in the “group” are quite healthy, meaning without any pre-existing medical conditions, then they may pay more in a small business health insurance plan than on an individual health insurance policy.
“This is because the whole group is taken into consideration when the rates are set. When in doubt about what might apply in a small business group health plan scenario, speak to a local health insurance agent who is familiar with this area,” explained Evan Tunis of Florida Health Care Insurance, Delray Beach, Florida. They will be able to assist customers and businesses select what works best for them.
To learn more about Florida health insurance, Florida health insurance quotes, Florida life insurance,Florida life insurance quotes, Florida group health insurance visit Floridahealthcareinsurance.com.