| Looking for Florida group health insurance? Here's | | | | questionnaire. You'll receive quotes from multiple |
| how to get the best rate with an A-rated company. | | | | A-rated companies, allowing you to match your |
| What is Group Health Insurance? | | | | insurance needs to the best plan for the lowest cost. |
| Group health insurance is the most common type of | | | | You also want to make sure you consider all your |
| policy in the United States. Typically, it is a policy that | | | | insurance options. A variety of insurance plans are |
| an employer purchases and offers to employees as a | | | | available today, from the traditional comprehensive |
| benefit. Costs are lower for the insured because the | | | | plan we are all familiar with to less expensive |
| premium rates are lower than for individual policies, | | | | variations such as: |
| plus the employer usually pays part of the premium. | | | | * Major medical plans |
| Other groups can also offer group insurance policies, | | | | * Managed care plans including Health Maintenance |
| such as fraternal organizations, credit unions, and | | | | Organizations (HMOs) and Preferred Provider |
| alumni groups. In addition, self-employed people can | | | | Organizations (PPOs) |
| be considered a "group of one" and can qualify for a | | | | * High deductible plans |
| lower group rate if they can prove they are a | | | | * Health savings accounts |
| legitimate business. | | | | Check Out the Insurance Company |
| Lowering Your Costs | | | | Finally, before you sign up for any group coverage, |
| To save money on group health insurance plans, it's | | | | make sure the company you choose is legitimate and |
| important that you shop around for the best policy. | | | | financially sound. To check out an insurance company, |
| Rates and features vary widely among insurance | | | | go to your state's department of insurance website. |
| companies, so you need to comparison shop. | | | | You can also go to the A.M. Best website |
| The easiest way to do this is to go to an insurance | | | | (ambest.com) to check a company's financial stability. |
| comparison website and fill out a simple online | | | | |