Friday, August 17, 2007


Small businesses in California searching for health insurance coverage have many different options. There are individual health insurance plans, group health insurance plans, medical reimbursement plans, and other types of arrangements. Many top health insurers in CA offer coverage state wide so it is important to compare up to date rates in the company zip code to make competition work to the small business’ advantage.

When looking for small business health care insurance be sure and speak with an independent agent or broker that can help you compare offers from multiple insurance companies. The small group broker should be very upfront and honest with you; always just a phone call away to answer any questions that you might have.

The importance of an independent California agent is seen in that an independent agent can do what is called “shopping your policy”. This means that the agent has the ability to contact multiple insurance companies and find you the most competitive rate from the plan that offers your company the best value. This is contrasted to a captive agent which cannot “shop your policy”. A CA captive insurance agent can only work with one insurance company – the health insurance company that they are “captive” or tied to.

Many small business health plans in California come with additional options. Some of these options include dental insurance (or a dental discount), disability insurance, Accidental Death and Dismemberment (AD&D), term life insurance, and other types of plan benefits. These benefits can often be quite attractive priced when purchased in conjunction with health insurance plans.

There are also many health insurance company’s in CA that offer very attractive programs for small businesses with individual health insurance plans. CA individual health plans are typically ½ to 1/3 of the cost of a comparable group health insurance plan with the main difference in pricing being that you must be somewhat healthy to be approved for coverage with an individual health insurance plan. Many companies in CA also are enjoying the tax benefits that come with setting up individual health insurance plans along with a medical reimbursement plan approach.


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