Group health Insurance Plans
There is a lot of competition out there among businesses for top employees. It is no secret that the health insurance plan offered by an employer is often the deciding factor for someone trying to figure out which company to work for. Preferred Alliance Group wants to make sure your company attracts and retains the best employees. There are numerous group health insurance plans available to Texas businesses & companies across the country. These include:
Organization (PPO) Plans
A PPO is one of the most familiar styles of group health insurances offered to businesses. With a PPO, your employees have a network of healthcare providers from which to choose. Although the option of seeing a physician outside the network is available, choosing a doctor within their network will save your employees more money.
Organization (HMO) Plans
An HMO differs from a PPO in that employees must only see physicians within their network.
Point of Service (POS) Plans
A POS group health plan is sort of the middle ground between the rigid HMO and the flexible PPO.
As with an HMO, employees choose a primary physician, but like a PPO, a POS plan allows them to see physicians outside the plan's network as well.
Account (HSA) Plans
With an HSA plan, your employees deduct a tax-free portion of their paychecks to a savings account, whose funds roll over from year to year if not used. These funds can be used for almost any medical care services they require.
The appeal of a cafeteria plan is that it allows individual employees to decide exactly where they'd like their healthcare benefits to go. For example, if they have a child with braces, they may opt for more dental coverage. On the other hand, if they are in a dangerous, accident-prone profession, they may decide to spend their benefit money on accident or life insurance.
The health insurance agents at Preferred Alliance Group have the same goal as you: to find an affordable group health insurance plan for your business that gives your valued employees the medical care coverage they deserve. We council and offer all types of products and plans in the Houston area and across the state of Texas.
Preferred Alliance Group
5606 Franz Road
Katy, TX 77493
Telephone - 281-392-2332
Fax - 281-391-1369
Email - Tom@preferredalliancegroup.com