Sunday, January 1, 2012

Individual vs group health insurance- myths and facts

When it comes to healthcare, most people believe you can get a "better" or "cheaper" deal through your employer's insurance plan. This is not necessarily true and can be quite the opposite, in fact. "Group" health insurance offers "guaranteed coverage" but price is often more expensive. For groups under 25 members, the healthy people pay for the sick people. Most employees do not realize that they have better options and can opt out of their employer's health insurance plans, ultimately paying the higher price without researching options. In the "good'ole days," your employer might pay for a portion of your insurance, of which, would reduce your cost to little to non. Now, due to rising cost of healthcare and cost of doing business, many employers are cutting their expenses and hitting your paycheck where it counts, HEALTH INSURANCE! I am seeing people paying 800$+ a month for their families and carrying a 2500$ yearly deductible. I am also finding more and more people have to take a later retirement in order to wait until medicare kicks in. Unfortunately, as people come and go in the group, this leads to rate increases and ultimately, you have to raise your deductible to keep overhead low. Is this you? Are you paying for the sick people in your groups' insurance plan? Are you on COBRA and paying through the roof because you feel you do not have any other options? Many families are paying big bucks to get healthcare and you do not need to do so.

Select Insurance Group can help you! We offer affordable, guaranteed acceptance healthcare, regardless of pre-existing conditions. This is not a plan that comes with car rental incentives or movie ticket discounts, this is an actual insurance plan.Pretty simple...If you work 30 hours or more,coming off a group plan or COBRA conversion, you're approved! You owe it to yourself to explore this amazing opportunity for savings. Call us toll free at 855-GET-SELECT(438-7353) Ext 101 to speak with one of our licensed insurance professionals.

No comments: