Those employing fewer than 25 employees offer benefits less than 50% of the time.  This is a recent statistic by a major insurance company offering benefits to all types and sizes of businesses.  Where as those with greater than 25 employees offer benefits in over 90% of the cases.

 

Why such a disparity?  Part of it is the perception that the bigger companies get a better deal.  This used to be true in Florida but not since Small Group Reform in 1994.  Many small businesses not currently offering benefits have not shopped the market lately to price the newer plan available to them.  With Health saving Accounts and Health Reimbursements and low cost options many plans are very affordable.

 

Why buy health insurance in the first place?  Obviously to keep us from going bankrupt.  Also, to reap the benefits of the discounts the major insurance companies afford us.  This is often not fully realized when considering the purpose for the insurance.

 

Major Insurance Companies and Hospitals negotiate for better pricing.  This helps us at the time of claim.  Discounts off retail pricing at just about any Hospital in America are between 70-80%.  The Hospitals need those insured to help offset the uninsured and the underinsured from Government Insurance plans such as Medicare and Medicaid.

 

 

Tags: Tallahassee individual health insur | Tallahassee Group Health Insurance | health insurance | Tallahassee Insurance